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The spring real estate market got off to an early start this year, with all four of our local markets seeing a surge in homes selling above list price in February compared to January, pointing to increased buyer activity. More sellers are entering the market, giving buyers a wider selection of homes to choose from. At the same time, prices have remained relatively stable, a sign that these markets are finding their footing and normalizing. And with mortgage rates lower than a year ago, buying a home is becoming a little more attainable for many even without dramatic price changes.
KING COUNTY
The median price for a single-family home in King County nudged up 2% compared to February last year, from $915,000 to $936,000. Sellers showed up in force, with active listings jumping 42% year over year, but buyer activity didn’t keep pace, with pending sales dipping 3%. For King County condos, prices fell 11% to $545,000, while active listings climbed 25%.
SEATTLE
Seattle’s median residential sold price held steady at $962,500 in February, essentially flat compared to last year. Listings rose 34% year over year, and while pending sales were up 8%, closed sales dropped 9%. In the condo market, prices dipped 5%, dropping from $625,000 to $596,275, and active listings grew 20%.
EASTSIDE
The Eastside saw a 58% year-over-year jump in active listings in February. Though demand did not rise to meet the supply, as pending sales were flat year over year and up just 1% from the previous month. With less competition among buyers, prices adjusted accordingly. The median price for a single-family home fell 7%, from $1,685,000 to $1,566,782. For Eastside condos, the median sold price dropped a staggering 23% to $607,750, while inventory rose 37%.
SNOHOMISH COUNTY
Snohomish County saw strong growth in available homes, with active listings up 47% compared to February 2025. The median residential sold price slipped 4% year over year, from $785,000 to $749,997. Pending sales were up 3%, but closed sales fell 8%. Condo prices edged up 1% to $530,000, while active listings surged 62%.
With the busy season underway, lower interest rates and more homes on the market are reshaping the landscape for buyers and sellers alike. More inventory and steady demand mean that success in today’s market comes down to strategy and execution, not just waiting for the right moment. Whether you’re buying or selling, working with an experienced Windermere agent who knows the market makes all the difference.
EASTSIDE
KING COUNTY
SEATTLE
SNOHOMISH COUNTY
VIEW FULL SNOHOMISH COUNTY REPORT
This post originally appeared on GetTheWReport.com.
