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Local Market Update – May 2026
Halfway through the spring season, and the story across our four markets is one of transition. Conditions look different than they did just 12 months ago: more homes are on the market, prices have pulled back from their peaks, and buyer-seller dynamics are quietly shifting. The opportunity is real on both sides, but geopolitical and economic uncertainty has potential buyers staying close to the sidelines, and affordability overall remains a compounding concern for many.
KING COUNTY
King County found a degree of balance in April, though fragile. The median residential sold price came in at $960K, down roughly 2% from March and 7% below where it was a year ago. On the supply side, active listings surged 37% year over year, but buyer demand didn’t keep pace. Pending sales edged down 2% and closed sales slipped 1%, suggesting buyers are taking more time and being more selective as their options expand. For the homes that did sell, 81% sold within 30 days and 32% closed above asking, signs that well-positioned homes are still moving quickly. King County’s condo market tells a similar story: the median price fell 7% year over year to $539K as active listings grew 19%.
SEATTLE
In April, Seattle remained one of the more competitive markets in the region, though the landscape is gradually shifting. The median sold price of a single-family home was $998,899 in April, down 3% from $1,025,000 a year ago. Despite the softening prices, 38% of homes still sold above asking, indicating that well-priced listings continued to attract strong interest. Active listings climbed 28% year over year, giving buyers considerably more options than they’ve had in recent years. That leverage is showing up in behavior: buyers are looking with more discerning eyes, and pending sales declined 3% year over year as a result. Though, closed sales held steady from April 2025, pointing to a market that is slower to start but still completing transactions. The condo market echoed these trends, with prices dipping 4% to $575K and active listings rising 10%.
EASTSIDE
The Eastside continued to navigate a meaningful market reset in April. Active listings soared 51% year over year, pushing inventory to nearly three months, the highest level of monthly supply the market has seen in over a decade. Buyers now have real choice, and they are using it. Last month, 44% of homes sold at or above list price, a striking contrast to 73% just one year ago. Much like Seattle’s market, that shift in leverage reflects a buyer pool that is much more deliberate in decision-making. As such, closed sales fell 13% year over year in April and pending sales dropped 2%. The median residential sold price settled at $1,612,000, down 5% from a year ago. The condo market followed suit, with the median sold price dropping 7% to $700K while active listings grew 28%. For sellers across the Eastside, pricing and presentation have never mattered more.
SNOHOMISH COUNTY
In Snohomish County, the year-over-year median sold price of a single-family home was essentially flat in April, sitting at $799,992. But stability at the price level is masking significant movement underneath. Active listings surged 56% year over year, flooding the market with options at a pace buyers have not absorbed. Closed sales fell 15% year over year, and while 31% of homes still closed above asking, 26% required a price reduction before selling. This combination is another signal that proper positioning is key in today’s market. For condos, the median price declined 5% year over year to $490K, while inventory jumped 65%, the sharpest supply increase for our four regions in April.
The window of opportunity is open for those ready to act. Buyers who have been waiting for more choices and better positioning now have both. Sellers who approach this moment with the right pricing and preparation are still winning. Whether the current momentum continues through peak season will likely depend on how consumer confidence and interest rates influence buyer engagement. In a market shaped by high inventory and affordability concerns, a Windermere advisor can provide the industry insights and local expertise you need to make confident real estate decisions.
EASTSIDE
KING COUNTY
SEATTLE
SNOHOMISH COUNTY
VIEW FULL SNOHOMISH COUNTY REPORT
This post originally appeared on GetTheWReport.com.
Local Market Update – April 2026
As spring gets underway, our region’s real estate market is sending mixed signals. March saw inventory climb across the board, yet buyer activity didn’t keep pace with that supply growth. Affordability remains a central theme: mortgage rate sensitivity continues to weigh on decision-making at higher price points, while markets that have seen meaningful price corrections are beginning to show signs of reengagement. The result is a regional landscape that looks quite different depending on where you’re standing.
KING COUNTY
King County’s median residential sold price was essentially flat year over year at $975,000, but the stability in price masks some hesitation beneath the surface. Active listings jumped 42% from last March, yet closed and pending sales fell 3% and 4%, respectively — a notable disconnect that likely points to continued price and rate sensitivity. Buyers had more options but didn’t enter the market at a faster pace. The condo market reflects a similar mood: the median sold price slipped 7% to $550,000, while active listings grew 25% year over year.
SEATTLE
The Seattle market tells a different story. The median residential sold price fell 6% to $944,000 in March, and that correction seemed to move things along— closed and pending sales rose 7% and 1%, respectively, even as active listings climbed 29%. Increased affordability appeared to draw buyers in despite the expanded inventory. In the condo market, the median sold price dipped 4% to $602,750, with active listings up 17% year over year.
EASTSIDE
The Eastside continued to navigate market recalibration. The median residential sold price dropped 9% to $1,550,000, while active listings surged 60%. Even so, pending sales fell 15%, suggesting buyers were being highly selective despite having considerably more inventory to choose from. The gap between supply growth and transaction activity could mean more softening ahead. For condos, the median sold price rose 3% to $728,000, though active listings climbed 40% year over year, a level of growth that may test price resilience going forward.
SNOHOMISH COUNTY
Snohomish County saw active listings surge 49% year over year, but demand continued to lag — pending sales fell 8%, and while closed sales edged up 2%, that gain may be difficult to sustain given the pipeline. The median residential sold price declined 3% to $769,950, a modest but telling dip as inventory growth weighs on pricing. In the condo market, the median sold price fell 5% to $501,000, with active listings up 62% year over year, a steep increase, and one that will likely keep downward pressure on prices in the near term.
March’s trends reinforce that we’re in a market that rewards patience and preparation on both sides of the transaction. For buyers, expanding inventory and moderating prices in several markets represent a genuine shift from the conditions of recent years, creating more room to be thoughtful and deliberate. For sellers, strategy has never mattered more as buyers grow more discerning. For expert guidance tailored to your goals this spring, it helps to have a trusted Windermere advisor on your side.
EASTSIDE
KING COUNTY
SEATTLE
SNOHOMISH COUNTY
VIEW FULL SNOHOMISH COUNTY REPORT
This post originally appeared on GetTheWReport.com.
Local Market Update – March 2026
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.
Local Market Update – February 2026
The region’s housing market opened the year in a more balanced position, shaped by rising inventory, shifting buyer activity, and continued price adjustments across local markets. While affordability remains a central challenge, expanded housing supply and early signs of renewed buyer interest are beginning to influence market dynamics.
KING COUNTY
In January, King County’s median single-family home price dipped 1% year over year and 6% month over month to $850,000. Active listings climbed 31% from last year, giving buyers more choice than last winter. Buyer interest showed signs of reawakening coming out of the holidays, with pending sales up an impressive 37% month over month, signaling early momentum ahead of spring. Closed sales lagged, falling 4% from last year, showing that overall transaction volume remained softer despite improving buyer activity. In the condo market, the median sold price slipped 16% year over year to $502,475, even as listings grew 18%.
SEATTLE
Seattle began 2026 with clear signs of growing market balance. January’s median residential sold price slipped 1% year over year and 7% month over month to $850,000, while inventory rose 30% from last January. Although pending sales were down from last year, the 36% month-over-month increase points to renewed buyer activity heading into spring. Closed sales held steady compared to last year, indicating consistent underlying demand. For Seattle condos, the median price dropped 19% year over year to $557,000 as inventory climbed 22%.
EASTSIDE
Last month’s median residential sold price on the Eastside fell 16% year over year to $1,435,000, while active listings climbed 49% from last January and 19% month over month, suggesting both a market in transition and that sellers remained active despite seasonal factors. Buyer activity showed notable strength, with pending sales up 26% year over year and surging 69% from December—a sign that improved selection and pricing may be drawing buyers back in. Closed sales edged 4% higher than last year despite the much more crowded market. The median sold price for condos slipped 15% year over year to $628,000 and active listings increased 21%.
SNOHOMISH COUNTY
In Snohomish County, January’s median price for a single-family home declined 7% year over year and 6% month over month to $715,000. Active listings rose 39% from the same time last year and 10% from December. Buyer interest showed early signs of improvement, with pending sales increasing 29% month over month, even as closed sales fell 24% year over year, reflecting a thinner pipeline of completed transactions. In the county’s condo market, the median price dropped 18% to $470,000 as active listings rose 16%.
As the market moves deeper into the first quarter, inventory levels and buyer response will be key indicators to watch. Rising pending sales activity in several areas suggests that buyers are beginning to re-enter the market as pricing and selection improve. Whether this momentum carries forward will depend largely on interest rate stability and broader economic confidence. In a market defined by nuance, the expertise of a Windermere advisor is essential for understanding the latest changes in today’s real estate market.
EASTSIDE
KING COUNTY
SEATTLE
SNOHOMISH COUNTY
VIEW FULL SNOHOMISH COUNTY REPORT
This post originally appeared on GetTheWReport.com.
Local Market Update – January 2026
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.
Local Market Update – December 2025
In November, all four of our regions saw year-over-year growth and month-over-month declines in the number of active listings. While a seasonal dip is normal for this time of year, the annual increases in inventory levels are notable. Rising supply is playing a central role in moderating prices and creating a more balanced market environment. Ultimately, the long-term impact of this added housing stock will depend on whether buyers are able to overcome the still-high prices and re-engage the market.
KING COUNTY
Last month, King County’s median price for a single-family home fell 1% year over year, from $925,000 to $915,000. Compared to November 2024, the number of active listings jumped 35%. Closed sales didn’t keep pace with inventory levels, declining 13% from last year and 24% since October. For King County condos, the median sold price dropped 10% to $507,880, and active listings grew 16%.
SEATTLE
Seattle was the only one of our four markets to experience a year-over-year price increase, albeit a modest one. The city’s median residential sold price inched up 1% in November, from $968,000 to $973,500. Active listings advanced 32% year over year but saw a typical seasonal drop of 19% month over month. Closed sales dipped 11% compared to 2024. Seattle’s median condo price remained flat at $573,500, while active listings increased 21%.
EASTSIDE
On the Eastside, the median price for a single-family home decreased 7% year over year, from $1,537,312 to $1,430,000. Active listings were 73% higher than last November. Although more homes were on the market, the increase in supply wasn’t matched by sales activity. Pending sales rose 10% year over year, but closed sales sank 17%. Condos, a more affordable alternative to the Eastside’s seven-figure single-family home prices, saw annual price growth of 9% to $750,000, as buyers continued to look for lower-cost options.
SNOHOMISH COUNTY
In Snohomish County, the median residential sold price edged down 4% to $750,000 in November, dropping from $784,975 a year earlier. Active listings increased 39%. Despite more supply, buyer activity softened: closed sales fell 16% year over year, and pending sales dipped 6%. In the county’s condo market, the median price contracted 9% year over year to $485,000 and active listings climbed 51%.
As the holidays get underway, the real estate market is settling into a state of balance. Year-over-year gains in supply are influencing pricing and giving fresh options for the buyers still out there. The combination of seasonal patterns and shifting conditions ahead of the busy spring market may create opportunities for both buyers and sellers. In a continually evolving real estate landscape, the expert guidance of a Windermere agent remains essential.
EASTSIDE
KING COUNTY
SEATTLE
SNOHOMISH COUNTY
VIEW FULL SNOHOMISH COUNTY REPORT
This post originally appeared on GetTheWReport.com.
Local Market Update – November 2025
As the year moves further into fall, all four of our local regions remain balanced. Rising inventory and easing interest rates are having a measured impact on affordability, creating a steadier environment across the Puget Sound. With supply elevated and prices holding relatively firm, both buyers and sellers are adjusting to a more even playing field. How the market evolves through winter will depend largely on interest rate trends and broader economic confidence.
KING COUNTY
King County saw 4% annual price growth in October, with the median sold price for single-family homes rising from $960,000 to $997,000. Inventory remained strong, up 33% year over year, though it dipped 7% month over month as some sellers paused ahead of the seasonal slowdown. Sales activity was mixed: pending transactions fell 11% annually and 10% from September, while closed sales were down 8% year over year but rose 12% month over month, reflecting a slower pipeline of new deals but solid follow-through on earlier summer contracts. In the condo segment, the median price dipped 2% to $550,000, while active listings climbed 13%.
SEATTLE
Seattle’s market remained active in October. The median residential sold price climbed 8% year over year to $1,049,999, up from $972,500. Active listings grew 21%, offering buyers more selection. Still, pending sales fell 5% from last year and 9% from September, suggesting measured buyer engagement despite growing supply. Meanwhile, closed sales increased 7% annually and 29% month over month, signaling that demand remains solid for well-priced listings. Median condo prices held steady at $577,562, with inventory up 13%.
EASTSIDE
The Eastside’s median sold price for single-family homes held flat at $1,550,000, unchanged from October 2024. Inventory continued its sharp year-over-year rise, up 76% annually, but down 8% from September, as sellers stepped back for the slower season. Buyer activity softened: pending sales declined 14% year over year and 19% month over month, though closed sales rose 7% from September, hinting that demand remains steady for competitively priced homes. In the condo market, prices edged up 1% to $746,701, while active listings expanded 22%.
SNOHOMISH COUNTY
In October, Snohomish County’s median residential sold price fell 5% year over year to $770,000, as inventory surged 39%. Buyer activity slowed across both timelines: pending sales declined 8% annually and 9% from September, while closed transactions were down 9% from last year. In contrast, the condos market saw modest gains, with prices rising 3% to $525,000 and listings jumping 53%, giving buyers increased choice at more accessible price points.
With mortgage rates at their second lowest level since November 2024 and inventory still well above last year’s levels, both local and national markets continue to stabilize. Sellers are becoming more flexible, buyers are gaining leverage, but affordability remains a challenge for many. As winter sets in, the pace of new listings will naturally slow, but declining rates and broader selection may keep the market moving for those ready to act. As market conditions evolve, a trusted Windermere advisor can provide real-time pricing strategies and personalized guidance.
EASTSIDE
KING COUNTY
SEATTLE
SNOHOMISH COUNTY
VIEW FULL SNOHOMISH COUNTY REPORT
This post originally appeared on GetTheWReport.com.
Local Market Update – October 2025
The local market continued its swing towards balance in September as inventory maintained its upward trajectory. After several years of strong demand and rising costs, prices are beginning to moderate. Three out of four of our regional markets are now considered balanced — a notable shift from the frenzied pace of prior years. While prices remain relatively firm, expanding supply could eventually apply downward pressure if current trends persist.
With inventory growth and more stable prices heading into the fourth quarter, the next few months will reveal how buyers and sellers adapt. Whether buyers take advantage of broader selection may depend largely on shifts in interest rates (now at 6.3%) and the overall economic climate.
KING COUNTY
King County’s median residential sold price rose 1% year over year to $957,000, up slightly from $950,000. Active listings climbed 4% month over month and 26% year over year. Buyers appeared more willing to meet the increased supply as pending sales edged up 1% and closed sales increased 3%. In contrast, the county’s condo median price fell 6% year over year to $527,500, even as active listings increased 20%.
SEATTLE
Seattle’s median sold price for single-family homes grew 4% year over year, from $938,006 to $975,000. Active listings increased 12%, giving buyers more opportunities. Closed sales climbed 7%, while pending sales dipped 2%. To remain competitive, sellers had to adjust: 37% of homes sold after a price reduction. Meanwhile, the median condo price declined 14% to $523,687, but closed sales surged 45%, indicating renewed activity at more approachable price points.
EASTSIDE
The Eastside posted 3% annual price growth, with the median sold price rising from $1,527,500 to $1,575,000. Active listings jumped 60% year over year, giving buyers increased leverage and prompting sellers to adjust expectations — 45% of homes closed after a price adjustment. While demand hasn’t fully matched supply growth, momentum is building: pending sales rose 6% year over year and 12% month over month. In the condo market, prices increased 6% to $730,000, while inventory climbed 32%.
SNOHOMISH COUNTY
Snohomish County’s single-family median price fell 3% year over year to $750,000, down from $775,000 last September. Inventory surged 39%, but buyer activity didn’t keep pace as closed sales dropped 11% and pending sales slipped 1%. Snohomish County remained the only one of our local markets to favor sellers. In the condo segment, prices declined 9% to $482,500, while inventory rose 55%.
As fall sets in, the Puget Sound housing market continues to normalize. Expanding inventory and measured price movement reflect a market reaching equilibrium, where neither buyers nor sellers hold a decisive advantage. The months ahead will depend on how economic confidence and interest rate trends evolve. In a shifting landscape, working with an experienced Windermere agent is key to making informed real estate decisions.
EASTSIDE
KING COUNTY
SEATTLE
SNOHOMISH COUNTY
VIEW FULL SNOHOMISH COUNTY REPORT
This post originally appeared on GetTheWReport.com.
Local Market Update – September 2025
In the waning days of summer, the local real estate market reflected a mix of shifting prices, easing mortgage rates, and continued annual growth in inventory. Some areas still favored sellers benefiting from demand, while others gave buyers increasing leverage. Together, declining interest rates and higher supply could motivate cautious buyers to re-enter the market this fall.
As of the second week of September, mortgage rates reached their lowest point in 10 months, sitting at 6.35% for a 30-year-fixed-rate loan. Whether this is enough to draw more buyers into action remains to be seen, but it is welcome news for sellers contending with significantly higher inventory and tempered demand amid broader economic uncertainty. How this dynamic plays out in the coming months — particularly as the market enters a seasonal slowdown — will be important to watch.
KING COUNTY
Last month, the median residential sold price in King County rose 4% year over year to $990,000, up from $955,000 in August 2024. The monthly trend was a bit more encouraging for buyers, however, as August’s median sold price dipped 1% from July’s $1,000,000. Active listings were 32% higher than a year ago, expanding options for buyers across the county. In the condo market, prices increased 4% year over year to $549,000, even as supply climbed 29%.
SEATTLE
Seattle’s median single-family home price climbed 8% year over year to $1,000,000, though this marked a 1% dip from July’s $1,010,000. At the same time, inventory rose 17% compared to last August. Condo prices advanced 7% year over year from $555,000 to $595,000, with active listings up 24%. Throughout the summer, Seattle remained one of the more competitive markets in the region, with buyers and sellers adapting to higher prices and rising supply.
EASTSIDE
On the Eastside, the median sold price for a single-family home was $1,537,500 in August, down 1% year over year and 3% from July. Closed sales fell 16% annually, while inventory surged 69%. Motivated sellers had to be flexible to beat out competition last month as nearly 70% of homes sold under list or after a price reduction — a sharp contrast from 2024 when fewer than half did. Meanwhile, the Eastside condo market showed notable strength: median prices jumped 17% year over year to $717,500, with active listings up 48%.
SNOHOMISH COUNTY
Snohomish County saw softer activity in August. Pending sales of single-family homes declined 12% and closed sales dropped 11% compared to last year, while active listings increased 47%. Median sold prices inched up 1% year over year to $790,000 but slipped 2% from July’s $805,000. This month-over-month price dip aligns with the county’s shift toward a balanced market. The median sold price for a Snohomish County condo fell to $500,000, a 15% annual drop and a typical market response to rising inventory — which was 64% higher than a year ago.
As fall begins, our local real estate market is showing signs of equilibrium, with opportunities for both buyers and sellers. Inventory growth and easing rates suggest buyers may gain ground, but how supply responds this season remains an open question. In such a rapidly evolving landscape, expert guidance is essential. Partnering with an experienced Windermere agent can help you build a strategy tailored to today’s conditions and tomorrow’s opportunities.
EASTSIDE
KING COUNTY
SEATTLE
SNOHOMISH COUNTY
VIEW FULL SNOHOMISH COUNTY REPORT
This post originally appeared on GetTheWReport.com.
Local Market Update – August 2025
Price gaps between 2024 and 2025 began to narrow across all four markets in July. Even with softer prices, sales activity remained slow in most areas, doing little to offset the growing inventory. Today’s discerning buyers have more choices and are taking the time to wait, watch, and negotiate for the right home. And with the days of 3% interest rates likely behind us, affordability remains a hurdle for many across the Puget Sound. Getting buyers off the sidelines may depend on seller flexibility and broader economic forces.
In July, King County’s median sold price for a single-family home held steady at $1,000,000, nearly unchanged from last year. Active listings climbed 43% year over year, while pending sales rose just 2% and closed sales dipped 1%. Still, competition was brisk for the homes that did sell — 76% went under contract within 30 days. King County condos followed a similar pattern: the median price remained flat at $530,000 and active listings jumped 41% compared to last year.
On the Eastside, July’s median residential sold price dipped 2% year over year to $1,580,000, as buyers faced no shortage of options. Pending sales were down 6% and closed sales fell 8%, helping put active listings up 90% from last year to their highest level since 2011. And buyers took advantage — more than 60% of homes sold below asking or after a price change. Meanwhile, Eastside condos held steady at a median sold price of $629,000 and active listings surged 84% from a year prior.
Seattle’s active listings rose a modest 19% compared to July 2024, hinting at inventory leveling off. Pending sales were up 18% year over year — the strongest gain among our four markets — which likely helped lift the median residential sold price to $1,010,000, a 4% increase. Competition remained strong, with 81% of homes selling in 30 days or less. In Seattle’s condo market, active listings climbed 29% while the median price edged down 2% to $550,000.
Snohomish County’s inventory levels grew 48% from last July, pushing the area into a balanced market. Closed sales rose just 1% year over year, while pending sales remained flat. The median sold price for a single-family home slipped 2% to $805,000. The county’s condo market saw more dramatic shifts: active listings soared 83% and the median sold price dropped 5% to $529,975.
Across the Puget Sound, July’s trends point to a market in transition — one where pricing is starting to stabilize but sales momentum hasn’t yet caught up. Elevated inventory is creating opportunities for buyers, while sellers refine their strategies to stand out. The second half of the year may hinge on how economic confidence and seasonal demand play out. In this evolving landscape, partnering with an experienced Windermere agent can provide a clear advantage.
EASTSIDE
KING COUNTY
SEATTLE
SNOHOMISH COUNTY
VIEW FULL SNOHOMISH COUNTY REPORT
This post originally appeared on GetTheWReport.com.
