Cascade

Cascade is a rapidly evolving neighborhood between Capitol Hill and South Lake Union that has transformed from an industrial district into one of Seattle's most dynamic urban communities. With a median of $820,000 and $622/sqft — the highest price-per-square-foot in this batch — and prices surging 15.3% year-over-year, Cascade is attracting buyers who want proximity to Amazon's headquarters and the tech core. The 80 DOM suggests an active but selective buyer pool navigating a premium-priced market.

Cascade sits at the intersection of Seattle's tech economy and urban lifestyle, with South Lake Union's restaurants, breweries, and parks just steps away and Capitol Hill's nightlife a short walk up the hill. The neighborhood is undergoing significant residential development, bringing modern condo and apartment buildings that attract young professionals working in the adjacent tech corridor. Cheshiahud Lake Union Loop and Lake Union Park provide waterfront recreation, giving residents a surprising connection to nature amid the urban density.

Tech workers at Amazon or South Lake Union employers — Living within walking or biking distance of the office eliminates commute stress and maximizes time in one of Seattle's fastest-appreciating neighborhoods. Urban investors and developers — Cascade's 15.3% YoY appreciation and ongoing densification make it a compelling play for buyers seeking both rental income and equity growth. Buyers priced out of Capitol Hill — Cascade offers a comparable urban lifestyle at a slight discount to Capitol Hill proper, with the added upside of being earlier in its gentrification cycle.