The Seattle real estate market breaks its record-high median sales price! Both Seattle and Bellevue set their median sales price records in March. Prices continue to explosively increase on the Eastside and in the surrounding suburbs and low inventory is a large driving factor. The Seattle housing market is extremely competitive! We're in a heavy seller's market and homes are selling significantly above the asking price. In order to be competitive as a buyer, you'll need to be prepared and willing to be aggressive.