The Seattle and Eastside real estate markets are showing dynamic shifts this week, with changes in pricing, inventory, and days on market that signal evolving opportunities for both buyers and sellers. Whether you’re considering a purchase in Bellevue, exploring options in Kirkland, or preparing to list in Redmond, the latest data highlights the importance of timing and strategy in today’s market.
Median Home Prices: Cooling in Some Areas, Growth in Others
Median home prices tell a mixed story this week. Seattle’s median price dipped slightly to $860,000 (-1.6%), while Bellevue surged to $1,525,000 (+5.9%), reflecting continued demand for luxury living east of Lake Washington. Issaquah saw the most dramatic rise, climbing 16.3% to $1,116,500, while Redmond and Sammamish experienced sharp declines at -18.0% and -12.1%, respectively. For buyers, these dips represent potential entry points into competitive Eastside markets.
Inventory Levels: Strong Growth Across the Eastside
Across nearly every city, the number of homes for sale has increased significantly. Woodinville leads the pack with an extraordinary +217.7% increase, offering buyers more options in a market that had been tightly constrained earlier this year. Bellevue (+81.4%), Kirkland (+114.5%), and Redmond (+74.1%) also saw substantial gains. More inventory means buyers have additional negotiating power, while sellers should adjust pricing and marketing strategies to remain competitive.
Months of Supply: Toward a Balanced Market
Months of supply, a key indicator of market balance, continues to trend upward. Seattle sits at 4.0 months (+25.0%), while Bellevue and Kirkland hover around 4.1–4.2 months, both nearly doubling from last month. Woodinville now leads with 4.8 months of supply (+182.4%), edging closer to a balanced market where neither buyers nor sellers hold all the leverage.
Days on Market: Homes Taking Longer to Sell
Homes across the region are taking longer to go under contract. Bellevue properties now average 13 days on market (+85.7%), while Issaquah jumped to 16 days (+166.7%). Even fast-paced Sammamish saw an increase to 10 days (+66.7%). Buyers have more breathing room to evaluate options, while sellers must focus on strong presentation, competitive pricing, and standout marketing.
Key Takeaways for Buyers & Sellers
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Buyers: Expanded inventory and longer market times create opportunities to negotiate and explore more homes before making a decision.
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Sellers: With rising supply and extended selling timelines, strategic pricing and professional marketing are essential to attract qualified buyers.
The Eastside remains one of the most desirable regions in the Pacific Northwest, and this week’s data underscores the importance of expert guidance when making real estate decisions.