The Eastside real estate market is showing strong signs of inventory recovery this July, offering a new wave of opportunities for both buyers and sellers. With active listings and months of supply climbing across all major cities—particularly in Bellevue, Woodinville, and Kirkland—competition is starting to balance after months of tight conditions.

Let’s break down this week’s trends across Seattle, Bellevue, and the broader Eastside:

🔑 Bellevue: A Shift Toward Buyer Opportunity

Bellevue continues to lead with a median sales price of $1,765,400, up 8.8% month-over-month, signaling sustained strength in luxury home demand. But what’s most noteworthy is the 90% increase in available homes for sale and 95.2% jump in months of supply—both suggesting that buyers now have significantly more options in this premium market. With median days on market rising to 8 days (+33.3%), sellers may need to re-strategize pricing and staging to stay competitive.

🏙️ Seattle: Balanced Momentum with Rising Prices

Seattle’s median sales price climbed to $915,000, a solid 8.3% increase over the previous month. Inventory rose to 2,942 homes (+36.5%), and months of supply sits at 4.1 months, indicating a market moving toward balance. With homes selling in just 8 days on average, Seattle remains fast-paced but not overly aggressive—appealing to both move-up buyers and first-time entrants.

🌲 Eastside Cities See Inventory Surge

This week brought standout shifts across the Eastside suburbs:

• Kirkland saw an 118.1% rise in active listings and a 95.2% increase in supply, yet median prices dipped 3.8%, indicating softening demand or price recalibration.

• Redmond and Issaquah both posted double-digit price growth (+11.8% and +13.5%, respectively), while days on market surged to 13 and 16 days—a sign that higher prices are slowing buyer urgency.

• Woodinville is perhaps the most dramatic mover: inventory up 219.4%, months of supply up 172.2%, and days on market doubled to 10 days. Sellers here will need to lean into value-add marketing.

📌 Key Takeaways for Buyers & Sellers

• Buyers: This is one of the best windows in months to explore Eastside listings, especially in Kirkland, Woodinville, and Sammamish where inventory has surged. More options mean more leverage.

• Sellers: While pricing remains strong in Bellevue, Issaquah, and Redmond, extended market times suggest a need for competitive pricing, standout presentation, and strategic timing.

As we head into late summer, we’re watching closely to see if this surge in inventory continues—and how quickly buyers absorb the fresh supply.

Thinking about your next move in Bellevue or the Eastside? Let’s talk strategy.