On the Eastside, the median price for a single-family home decreased 7% year over year, from $1,537,312 to $1,430,000. Active listings were 73% higher than last November. Although more homes were on the market, the increase in supply wasn’t matched by sales activity. Pending sales rose 10% year over year, but closed sales sank 17%. Condos, a more affordable alternative to the Eastside’s seven-figure single-family home prices, saw annual price growth of 9% to $750,000, as buyers continued to look for lower-cost options.
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Seattle was the only one of our four markets to experience a year-over-year price increase, albeit a modest one. The city’s median residential sold price inched up 1% in November, from $968,000 to $973,500. Active listings advanced 32% year over year but saw a typical seasonal drop of 19% month over month. Closed sales dipped 11% compared to 2024. Seattle’s median condo price remained flat at $573,500, while active listings increased 21%.I'm a new paragraph block.
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