Seattle Homes and Condos 2025 RecapThe trends of Seattle real estate continue to closely follow what happens across the Northwest Multiple Listing Service. The residential real estate market remained steady in 2025, even as inventory increased more noticeably. According to the NWMLS 2025 Annual Report, there were 67,929 sales of homes and condos in 2025 totaling more than $55 billion in closed volume. By comparison, 2024 saw 67,788 sales for just under $54.5 billion. Hence, the number of sales increased slightly by 0.21%, while the median price rose a modest 0.7% ($644,500 vs. $640,000).Inventory played a larger role in shaping the 2025 market. Average active listings increased more than 34% year-over-year, and months of supply averaged 2.83 months, up from 2.11 months in 2024. Meaning,...
Comments
5