Inventory continued to grow across all four of our local market areas in June, creating a more balanced environment than we’ve seen in recent years. Compared to June 2025, home prices softened in each market area, and buyers are benefiting from increased selection and more negotiation power. Well-prepared, competitively priced homes continue to attract strong interest, so seller strategy matters more than ever.
KING COUNTY
King County continued its transition toward a more balanced market as active listings increased 16% year over year. The additional inventory likely contributed to the 5% decline in the median residential sold price, bringing it to $986,250. As buyers gained options, sellers showed more flexibility, with nearly one-third of homes selling after a price reduction. Pending sales slipped 8% from a year ago, a sign that buyers are active but more selective. In the condo segment, the median price dropped 11% while active listings increased 18%.
SEATTLE
In June, Seattle remained one of the more competitive markets in the region, even as conditions continued to balance out. Active listings increased just 3% year over year, the smallest bump among our four market areas. The median residential sold price fell to $1,010,000, down 6% from last year and 3% from May. Well-positioned homes remained in demand, with 30% selling above asking price and 80% going under contract within 30 days. At the same time, buyers were more deliberate and patient than in years past, and pending sales dropped 11% while closed sales fell 7%. The condo market followed similar trends, with the median price dropping 5% to $557,475 as active listings rose 9%.
EASTSIDE
The Eastside posted the region’s largest inventory gain in June, with active listings climbing 29% year over year. Available inventory reached 3.3 months of supply, a new 10-year high. The median price for a single-family home edged down 3% year over year to $1,560,000. Sellers adjusted to lowering prices and growing inventory, with nearly 40% of sales closing only after a price reduction. Buyers acted quickly: 78% of homes sold within 30 days. Pending sales declined 9% year over year, highlighting the importance of preparation and pricing. Eastside condos followed the same pattern, with the median price down 11% and active listings up 29%.
SNOHOMISH COUNTY
Snohomish County stood out last month as the only one of our four markets with year-over-year increases in both pending sales and closed sales, rising 8% and 3%, respectively, even as active listings rose 26%. The median residential sold price settled at $750,000, down 8% from last year and 6% from May. Sellers adapted to the shift, and 32% of homes sold after a price adjustment. Buyer activity remained high, with nearly three-quarters of homes going under contract within 30 days. In the county’s condo market, the median price fell nearly 20% to $487,500 as active listings increased 43%.
LOOKING AHEAD
As we move through the heart of summer, inventory growth continues to reshape our local housing market. Buyers are gaining options and leverage, while sellers who price strategically and prepare their homes thoughtfully are achieving the strongest results. Although elevated interest rates and affordability challenges will likely influence buyer decisions in the months ahead, today’s more balanced market creates opportunities on both sides of the transaction. An experienced Windermere advisor can help you understand local conditions, identify opportunities, and develop a strategy aligned with your real estate goals.
