The Seattle housing market entered a new phase in June 2025. Residential inventory across the region surged nearly 50% compared to last year, offering buyers more choice than they’ve had in years. But despite this influx of new listings, home prices held steady—with the median price for residential properties reaching $1,033,950, up 7.1% year-over-year.
If you’re buying or selling in Seattle this summer, this data matters. In this report, we break down what’s happening across the region’s single-family home market, with a close-up look at Seattle’s neighborhoods, market trends, and how you can take advantage of the current landscape.
The Numbers: A Countywide Residential Overview
The residential-only market across King County—single-family homes, excluding condos—recorded the following key stats for June 2025:
- Active Listings: 4,289 (up 49.7% from June 2024)
- Median Sale Price: $1,033,950 (up 7.1%)
- Closed Sales: 1,812 (up 3.4%)
- Pending Sales: 2,094 (up 3.8%)
- Months of Inventory: 2.37
In short: There’s more inventory, but homes are still selling—and for more money than last year. The market isn’t collapsing—it’s normalizing.
Regional Breakdown: What’s Happening Where?
Seattle Core (North, South, and Central Seattle)
- Active Listings: 1,389
- Median Sale Price: $1,079,950
- Closed Sales YoY: Up 23.3%
- Months of Inventory: 2.2
Seattle’s neighborhoods had one of the strongest Junes in recent memory. Prices jumped nearly 13% compared to last year, and closed sales were up more than 20%. Ballard, Green Lake, Beacon Hill, and West Seattle continue to attract buyers—especially under the $1.2M mark. Staged, move-in-ready homes are still seeing competitive offers.
Eastside (Bellevue, Kirkland, Redmond, Sammamish, Issaquah)
- Active Listings: 1,428
- Median Sale Price: $1.61M
- Closed Sales YoY: Down 2.4%
- Months of Inventory: 2.64
The Eastside saw the most dramatic jump in listings, but pricing has remained stable. Though the number of closed sales dipped slightly, Eastside homes—especially in top school districts—are still drawing well-qualified buyers. Sellers with homes priced above $2 million may start seeing longer days on market unless they price competitively.
Southeast King (Kent, Renton, Maple Valley, Auburn)
- Active Listings: 936
- Median Sale Price: $716,500
- Closed Sales YoY: Down 13.9%
- Months of Inventory: 2.60
This area saw one of the largest jumps in listings, but also one of the steeper declines in sales. Buyers are hesitant to make offers on homes that aren’t turnkey or are listed too high. That said, updated homes under $750K are still moving quickly when priced right and marketed well.
Southwest King (Burien, Des Moines, Federal Way)
- Active Listings: 389
- Median Sale Price: $672,000
- Closed Sales YoY: Down 1%
- Months of Inventory: 1.93
This area remains one of the more affordable regions in King County. Homes under $700,000 in good condition are still seeing strong interest. Sellers in this market should focus on presentation—staging and fresh interior updates can make a big difference in speed and price.
North King (Shoreline, Lake Forest Park, Richmond Beach)
- Active Listings: 102
- Median Sale Price: $900,000
- Closed Sales YoY: Up 13%
- Months of Inventory: 1.67
Despite relatively flat inventory growth, North King saw a strong increase in closed sales. This area remains competitive, and buyers continue to prioritize homes near parks, schools, and public transit.
Vashon Island
- Active Listings: 45
- Median Sale Price: $932,000
- Closed Sales YoY: Up 50%
- Months of Inventory: 2.5
Vashon Island remains a popular choice for buyers seeking space and privacy. The 28.6% price jump shows that well-presented island homes are commanding strong offers, especially when priced below $1 million.
What Buyers Should Know
With inventory at a multi-year high, buyers finally have time to shop, compare, and negotiate. We’re seeing fewer bidding wars, more price reductions, and increased flexibility from sellers—particularly for homes that have been on the market more than 2–3 weeks.
But don’t let the word “inventory” fool you. The best homes—those that are staged, well-located, and move-in ready—are still moving quickly and receiving strong offers.
Tips for Buyers:
- Get pre-approved so you’re ready to act fast
- Tour multiple homes to get a sense of value
- Look for price reductions and stale listings as negotiation opportunities
- Don’t expect deep discounts on turnkey homes—they’re still in demand
What Sellers Should Know
You can still sell for a great price—but you have to earn it. Buyers have options now, and they’re not chasing overpriced or poorly presented homes.
If your home is updated, clean, and priced to reflect current competition, it will still sell—and likely within a couple of weeks. If not, be prepared for price adjustments.
Tips for Sellers:
- Set your price based on recent local sales, not wishful thinking
- Stage the home or at least declutter and repaint key rooms
- Invest in professional photography—online presentation is key
- Be ready to adjust quickly if traffic or interest is low in the first 10 days
