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As 2025 came to a close, December delivered a steadier-than-expected finish for the local real estate market. Inventory remained higher than a year ago, providing added options for buyers and easing prices. With December’s results closely aligned with October and November, the market’s long-term direction may hinge on whether active listings continue to grow as we move into spring.
KING COUNTY
In King County, December’s single-family home values remained resilient, with the median price rising 3% year over year to $899,950. Active inventory stayed elevated, finishing 35% higher than last December, giving buyers more choice than they had a year ago. Sales activity held relatively steady year over year, suggesting buyer engagement remained intact despite shifting affordability and inventory dynamics. In the condo market, the median sold price inched up 1% from last year to $530,000, while active listings increased 14%.
SEATTLE
Sales activity in Seattle softened at year-end, with closed sales down 10% year over year and declining further from November, as expected during the holiday season. Active listings were 28% higher than last December, contributing to a more balanced market environment. Pricing held relatively steady amid these shifts, with the median residential sold price up 2% year over year to $914,000. Seattle’s condo market also saw modest gains, with the median price rising 1% year over year to $555,000, while active listings grew 14%.
EASTSIDE
The Eastside closed December with a 3% year-over-year decrease in the median residential sold price, settling at $1,500,000. Closed sales activity showed renewed momentum, rising 29% compared to last year. Inventory continued to be the most pronounced shift in the Eastside market, with active listings 65% higher year over year, creating more balanced conditions than buyers experienced last winter. The Eastside condo market also posted gains, with the median price up 7% year over year to $741,250, alongside a 29% increase in active listings.
SNOHOMISH COUNTY
Snohomish County continued its shift to a more balanced market as the year ended. Inventory remained elevated, with active listings up 40% year over year, giving buyers increased leverage and reducing the urgency that defined earlier market conditions. Sales activity slowed compared to last year, with pending sales down 12% and closed sales declining 3%. Pricing adjusted alongside these shifts, as the median single-family home price fell 4% year over year to $760,000. In the condo segment, prices declined 8% year over year to $505,000, while inventory rose 30%.
As we settle into a new year, rising inventory continues to reshape the playing field—impacting buyer demand, pricing strategies, and overall market dynamics. The real test will come this spring, when increased selection meets peak buying season. In a rapidly evolving marketplace, having the up-to-the-minute insights and expert guidance of a trusted Windermere advisor is more important than ever.
EASTSIDE
KING COUNTY
SEATTLE
SNOHOMISH COUNTY
VIEW FULL SNOHOMISH COUNTY REPORT
This post originally appeared on GetTheWReport.com.
