Seattle Rental Market Update – March 2025

Video Transcript – March 2025 Seattle Rental Market Update:

Aaron Janus: Curious about the Rental Market? Our team here at RE/MAX Integrity Property Management is here to keep you up to date: Starting with a look at prices. As you can see here, median prices for a 3-bedroom single-family home across King County were pretty flat from last month at just under $3800 per month. That’s about $400 more per month than the median 3-bedroom multi–family home. It’ll be interesting to see, with all that’s going on in the world and with our economy, how the Spring Rental Market will react. In the meantime, vacancy rates across the county are down year–over–year to 3.7%, while days on market are exactly the same 26 days, on average, that they were one year ago. There’s a quick look at some rental stats for you. And, if you’re an agent, we would love to partner up with you as your preferred Property Manager! Please reply to this email and let’s have a conversation. We are proud to be the preferred PM referral partner for many of your colleagues, and we value those relationships. Remember, your clients will always be your clients, and when they’re ready to sell, we send them right back to you. Plus, we’ll send you $500 check once they sign a management agreement. If you are curious about the rental market, or know of anyone interested in exploring the amazing investment opportunity that it is, please have them reach out to our PM team at RE/MAX Integrity Property Management.