Seattle Real Estate Market Update – June 2025

As we move into the heart of summer, Seattle’s real estate market continues to evolve. The latest data shows changes in buyer behavior, seller strategy, and overall momentum. Here's a look at what happened in June 2025 and what it means for you.

Inventory Climbs Sharply

Seattle experienced a major increase in housing inventory this June. Active listings rose 61.6% compared to last year. The months supply of inventory increased from 1.8 to 2.9, signaling a strong move toward a more balanced market. While sellers still hold an advantage, buyers are gaining ground with more options available.

Homes Are Selling Faster Again

After a slight slowdown in May, homes are selling faster this month. The average number of days on market dropped to 19 from 21 last year. This suggests that well-priced homes are still attracting quick offers, particularly in desirable neighborhoods.

Median Prices Hold Steady

The median sales price remained unchanged year over year at $875,000. This stability shows that buyer demand is keeping pace with rising inventory, especially in Seattle’s most competitive areas.

Sale-to-List Price Ratios Show Competitive Offers

The average sale-to-list price ratio dipped slightly from 102.18% to 100.88%. While multiple-offer situations are still happening, the intensity is beginning to ease. Buyers are gaining a bit more leverage, but strong offers are still the norm in many neighborhoods.

Transaction Volume Rises

Closed transactions reached 907 in June, up from 761 in May. This 19.2% monthly increase reflects a seasonal rise in activity as more buyers re-enter the market and take advantage of the growing inventory.

What This Means for Buyers and Sellers

Sellers:
With more listings hitting the market, pricing and presentation are more important than ever. A strong marketing strategy, accurate pricing, and great staging will help your home stand out and attract serious buyers.

Buyers:
You now have more choices and slightly less competition. The rise in inventory means a better chance to find the right home without the same pressure to overbid. Be ready to act quickly and make competitive, but thoughtful offers.

Seattle’s market is changing, but it remains active and resilient. Whether you are thinking about buying, selling, or simply keeping an eye on the trends, now is a smart time to connect and make a plan.

Curious about your home’s current value or want details on your neighborhood? Let’s connect.