Market Insights · FAQ
Last updated: April 2026
Quick Answer
Well-prepared homes in prime neighborhoods continue to sell within days to a few weeks. Overpriced or under-prepared homes are sitting significantly longer — sometimes months — marking a clear shift from prior years.
Related Questions
The definition shifts with the market, but homes priced at $3 million and above are generally considered luxury in the Seattle market. The Sevens refers specifically to the $7 million and above segment, which operates by a distinct set of buyer expectations and marketing standards.
Read answerVolume in this segment is intentionally limited — typically fewer than 50 to 80 transactions per year across the greater Seattle area, depending on market conditions. The scarcity is part of what defines the tier.
Read answerYes — you need a specialist who operates specifically at this tier. The skills required go well beyond standard luxury practice: off-market buyer network access, experience negotiating with sophisticated counterparties and their advisors, and the ability to produce world-class editorial marketing. Christine Andreasen and Travis Foxx work exclusively at the highest end of the Seattle market.
Read answerBoth approaches have merit depending on the property and the seller's goals. An experienced advisor in this segment can evaluate which path is more likely to produce the right buyer at the right price — and can execute either strategy effectively.
Read answerRelated Articles
In Seattle's luxury market, 'The Sevens' refers to homes priced at $7 million and above — a tier defined not just by price, but by a completely different standard of buyer, marketing, and representation.
Read the articleReady to talk?