The Eastside’s median sold price for single-family homes held flat at $1,550,000, unchanged from October 2024. Inventory continued its sharp year-over-year rise, up 76% annually, but down 8% from September, as sellers stepped back for the slower season. Buyer activity softened: pending sales declined 14% year over year and 19% month over month, though closed sales rose 7% from September, hinting that demand remains steady for competitively priced homes. In the condo market, prices edged up 1% to $746,701, while active listings expanded 22%.
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Seattle’s market remained active in October. The median residential sold price climbed 8% year over year to $1,049,999, up from $972,500. Active listings grew 21%, offering buyers more selection. Still, pending sales fell 5% from last year and 9% from September, suggesting measured buyer engagement despite growing supply. Meanwhile, closed sales increased 7% annually and 29% month over month, signaling that demand remains solid for well-priced listings. Median condo prices held steady at $577,562, with inventory up 13%.
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