The Puget Sound real estate market continues to show dynamic movement this week, with notable shifts across Seattle, Bellevue, and the Eastside’s top neighborhoods. Whether you’re planning to buy or sell this fall, the latest data highlights new opportunities in an evolving market landscape.

Seattle: Cooling Prices, Expanding Inventory

Seattle’s median sales price dipped slightly to $850,000 (-1.7%), while inventory climbed +22.7%, bringing total active listings to 2,858. With 3.9 months of supply (+11.4%) and homes spending an average of 18 days on market (+20%), Seattle buyers are gaining leverage as more options enter the market. For sellers, strategic pricing and presentation are key in this competitive phase.

Bellevue: Luxury Market Correction Continues

Bellevue’s luxury segment shows signs of recalibration, with median prices at $1,475,000 (-4.1%) and inventory rising +34.1%. Despite these shifts, days on market soared to 25 (+257%), reflecting a more deliberate buyer pool. The Eastside’s tech-driven economy still underpins long-term value, but sellers should expect longer negotiations this quarter.

Kirkland & Issaquah: Steady Growth Amid Activity

Kirkland recorded a +2.0% price increase, reaching $1,409,950, while Issaquah climbed +2.5% to $1,064,250. Both areas show healthy market absorption, with Kirkland’s months supply up +66.7% and Issaquah’s up +59.1%, signaling growing balance. Buyers looking for modern builds and suburban amenities continue to find strong value here.

Redmond & Sammamish: Holding Strong in Demand

Redmond’s prices remained steady at $1,299,950 (0.0%), maintaining resilience even as inventory rose +62.1%. Sammamish, however, stands out this week—prices climbed +6.0% to $1,680,000, driven by limited availability of newer luxury homes. With homes selling in around 20 days (+233%), the market here remains highly attractive to relocation buyers seeking space and privacy.

Woodinville: Rebalancing After Summer Highs

Woodinville’s median price adjusted to $1,250,000 (-11.5%), a notable softening following a strong summer surge. Inventory, however, remains robust (+55.5%), with a 4.6-month supply (+27.8%)—the most balanced in the region. This suggests opportunities for move-up buyers entering the market before year-end.

Key Takeaway

Across the Seattle–Eastside corridor, inventory is rising and market times are extending, signaling a transition toward a more balanced environment. Buyers now have room to negotiate, while sellers should focus on standout presentation and strategic pricing.

If you’re considering your next move in the Bellevue or greater Eastside area, the Jacob Weaver Group can guide you with data-driven expertise and luxury market insight.