Home Value Trail

States › Washington › King County › Seattle

Permit-issuing place

Seattle

King County · Seattle-Tacoma-Bellevue, WA · Washington · 784,777 residents (2025 est.)

Permits through August 2026Yearly permits since 1995King County index 1975–2025
FHFA house price index for King County, which contains Seattle, 1975 to 2025Recession 1973–75Recession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202001,0002,0003,00019801990200020102020United States2025: 2,449
King County (100 = first year)United States, rebased to the same startNBER recession
House prices are indexed by county, not by city: this is King County's FHFA index, with the national index rebased to the same start.

Census Bureau notes: building permit figures cover new privately owned housing units authorised by permit-issuing places; permits do not mean the units were started or completed, and places that report less often than monthly are imputed in monthly totals. FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties.

Seattle, Washington (King County), authorised 4,916 housing units through building permits in the 12 months to August 2026, +35.3% on the previous 12 months.

716 of those units were single-family houses (15%), 761 were in two- to four-unit buildings and 3,439 in buildings of five or more units. That is 6.3 units per 1,000 residents, above the county's 4.9 and above the state's 4.9.

Since 1995 the place has authorised 173,898 units, with the busiest year 2021 (11,980 units). King County's FHFA house price index rose +100.6% over the ten years to 2025.

4,916units permitted, 12 months to August 2026+35.3% on the previous 12 months
716single-family units15% of the total
3,439units in 5+ unit buildings70% of the total
6.3units per 1,000 residentsKing County 4.9 · Washington 4.9

Permits by month and structure type

Housing units authorised in Seattle by month, latest 24 months05001,0001,500Sep 2024: 310 units (27 single-family, 283 in multi-unit buildings)Sep 2024Oct 2024: 531 units (31 single-family, 500 in multi-unit buildings)Nov 2024: 305 units (23 single-family, 282 in multi-unit buildings)Dec 2024: 674 units (35 single-family, 639 in multi-unit buildings)Dec 2024Jan 2025: 337 units (29 single-family, 308 in multi-unit buildings)Feb 2025: 229 units (32 single-family, 197 in multi-unit buildings)Mar 2025: 150 units (36 single-family, 114 in multi-unit buildings)Mar 2025Apr 2025: 426 units (55 single-family, 371 in multi-unit buildings)May 2025: 142 units (40 single-family, 102 in multi-unit buildings)Jun 2025: 119 units (35 single-family, 84 in multi-unit buildings)Jun 2025Jul 2025: 248 units (50 single-family, 198 in multi-unit buildings)Aug 2025: 163 units (47 single-family, 116 in multi-unit buildings)Sep 2025: 770 units (20 single-family, 750 in multi-unit buildings)Sep 2025Oct 2025: 484 units (41 single-family, 443 in multi-unit buildings)Nov 2025: 208 units (38 single-family, 170 in multi-unit buildings)Dec 2025: 1,090 units (45 single-family, 1,045 in multi-unit buildings)Dec 2025Jan 2026: 190 units (51 single-family, 139 in multi-unit buildings)Feb 2026: 228 units (34 single-family, 194 in multi-unit buildings)Mar 2026: 314 units (117 single-family, 197 in multi-unit buildings)Mar 2026Apr 2026: 150 units (86 single-family, 64 in multi-unit buildings)May 2026: 508 units (72 single-family, 436 in multi-unit buildings)Jun 2026: 395 units (66 single-family, 329 in multi-unit buildings)Jun 2026Jul 2026: 327 units (74 single-family, 253 in multi-unit buildings)Aug 2026: 252 units (72 single-family, 180 in multi-unit buildings)

Housing units authorised in Seattle by month, latest 24 monthssingle-family2+ unit buildings

Units, 12 months to August 2026SeattleKing CountyWashingtonUnited States
All housing units4,91611,40838,9111,418,086
Single-family (1 unit)716 (15%)2,398 (21%)17,298 (44%)888,241 (63%)
2 units6146621,29434,814
3–4 units14718561817,298
5 or more units3,439 (70%)8,163 (72%)19,701 (51%)477,733 (34%)
Units per 1,000 residents6.34.94.94.1
Change on previous 12 months+35.3%+41.1%+11.4%−0.1%

Permits by year since 1995

Housing units authorised in Seattle by year, 1995–202505,00010,00015,0001995: 1,571 units (450 single-family, 1,121 in multi-unit buildings)19951996: 2,368 units (464 single-family, 1,904 in multi-unit buildings)1997: 2,399 units (469 single-family, 1,930 in multi-unit buildings)1998: 4,064 units (530 single-family, 3,534 in multi-unit buildings)1999: 3,545 units (480 single-family, 3,065 in multi-unit buildings)2000: 4,732 units (449 single-family, 4,283 in multi-unit buildings)20002001: 3,646 units (484 single-family, 3,162 in multi-unit buildings)2002: 3,770 units (886 single-family, 2,884 in multi-unit buildings)2003: 2,705 units (914 single-family, 1,791 in multi-unit buildings)2004: 3,544 units (754 single-family, 2,790 in multi-unit buildings)2005: 3,718 units (533 single-family, 3,185 in multi-unit buildings)20052006: 6,020 units (482 single-family, 5,538 in multi-unit buildings)2007: 6,714 units (775 single-family, 5,939 in multi-unit buildings)2008: 4,851 units (595 single-family, 4,256 in multi-unit buildings)2009: 778 units (216 single-family, 562 in multi-unit buildings)2010: 2,697 units (241 single-family, 2,456 in multi-unit buildings)20102011: 3,173 units (316 single-family, 2,857 in multi-unit buildings)2012: 7,297 units (498 single-family, 6,799 in multi-unit buildings)2013: 6,677 units (822 single-family, 5,855 in multi-unit buildings)2014: 7,445 units (898 single-family, 6,547 in multi-unit buildings)2015: 11,340 units (810 single-family, 10,530 in multi-unit buildings)20152016: 9,999 units (797 single-family, 9,202 in multi-unit buildings)2017: 9,887 units (593 single-family, 9,294 in multi-unit buildings)2018: 7,918 units (523 single-family, 7,395 in multi-unit buildings)2019: 10,784 units (507 single-family, 10,277 in multi-unit buildings)2020: 5,726 units (247 single-family, 5,479 in multi-unit buildings)20202021: 11,980 units (264 single-family, 11,716 in multi-unit buildings)2022: 8,990 units (418 single-family, 8,572 in multi-unit buildings)2023: 5,299 units (473 single-family, 4,826 in multi-unit buildings)2024: 5,895 units (405 single-family, 5,490 in multi-unit buildings)2025: 4,366 units (468 single-family, 3,898 in multi-unit buildings)2025

Housing units authorised in Seattle by year, 1995–2025single-family2+ unit buildings

173,898 units since 1995; the busiest year was 2021. Annual figures include units imputed for months a place did not report.

Home prices in King County

FHFA's index for King County rose +100.6% over the ten years to 2025 (+7.2% a year) and +0.9% in the latest year, against +113.0% and +1.8% for Washington. Full county page: decade table, peak-to-low declines, every ZIP code and every permit-issuing place in the county.

Questions and answers

How many homes are being built in Seattle, WA?

4,916 housing units were authorised by building permits in the 12 months to August 2026, against 3,634 in the previous 12 months.

What kind of housing is being permitted in Seattle?

716 single-family units, 614 in two-unit buildings, 147 in three- and four-unit buildings and 3,439 in buildings of five or more units.

How does Seattle compare with its county and state?

6.3 units per 1,000 residents in Seattle, 4.9 in King County and 4.9 in Washington.

How have home prices moved in King County?

FHFA's index for King County rose +100.6% over the ten years to 2025 and +0.9% in the latest year; the county page has the full series.

What does a permit count?

A housing unit authorised by a building permit for new privately owned residential construction, as reported to the Census Bureau Building Permits Survey by the permit-issuing office. Permits are not completions; some permitted units are never built, and places that report only annually are imputed in monthly figures.

Provenance

Permits: US Census Bureau, Building Permits Survey, place-level monthly and annual files through August 2026 (permit office 475000); county and state comparisons from the county and state files. Population: Census Bureau vintage 2025 estimates for incorporated places, matched on FIPS place code where the permit office is one. House price index: Federal Housing Finance Agency. Public domain. Corrections · Building Permits Survey.