Blog Michele Schuler May 9, 2025
As we move deeper into spring, April’s real estate data paints a nuanced picture of activity and sentiment across Bainbridge Island, the Eastside, and King County. From months of supply to median prices and competition indicators, let’s break down what these trends mean for buyers and sellers right now.
Months of Supply: 1.8 → A clear seller's market, well below the 4–6 month range considered neutral.
Median Sales Price: $1.65M
+0.7% MoM, -1.1% YoY
Prices have softened slightly year-over-year, but remain high, signaling continued demand.
Percentage of Asking Price: 101%
Flat MoM, -1.9% YoY
Buyers are still paying over asking, but with slightly less intensity than a year ago.
Homes Sold: 539
+23.6% MoM, -4.4% YoY
Activity is up month-over-month, indicating spring demand, though slightly below last year’s levels.
New Listings: 1,014
+20.9% MoM, +34.8% YoY
Inventory is finally expanding—a healthy sign for buyers who’ve been waiting for more options.
Cumulative Days on Market (CDOM): 13
-23.5% YoY
Homes are selling quickly, reflecting strong buyer engagement.
Key Insight: The Eastside remains highly competitive, but the modest YoY price dip and softening buyer aggressiveness suggest a slight easing of the frenzy. Still, it’s firmly a seller’s market.
Months of Supply: 2.4 → Leans seller-favored, but approaching a more balanced market.
Median Sales Price: $1.4M
-12% MoM, -3.1% YoY
Notable monthly price drop, though part of this may be due to mix of properties sold.
Percentage of Asking Price: 98%
+2.1% MoM, +1% YoY
Buyers are negotiating a bit more, but sellers are still capturing close to full price.
Homes Sold: 28
+55.6% MoM, Flat YoY
A solid increase in sales volume month-over-month, showing seasonal momentum.
New Listings: 76
+76.7% MoM, +49% YoY
Inventory surged—a welcome relief for buyers facing tight options earlier this year.
CDOM: 36
+28.6% YoY
Homes are taking longer to sell, reflecting a more deliberate pace in this market.
Key Insight: Bainbridge is showing signs of becoming more balanced. Inventory and buyer interest are both on the rise, and the slower pace suggests room for negotiation—good news for strategic buyers.
Median Sales Price: $1.04M
+0.7% MoM, -1.1% YoY
Prices are stabilizing after last year’s highs, showing resilience without overheating.
Percentage of Asking Price: 100%
Flat MoM, -1% YoY
Offers are still coming in at asking, with only slight softening from peak competitiveness.
CDOM: 19
-5% MoM, -18.7% YoY
Homes are selling faster than a year ago—indicating that buyers are acting decisively when the right property appears.
Key Insight: King County’s market is steady. While there’s evidence of softening compared to 2024, demand remains strong, especially in high-demand areas like the Eastside.
April 2025 reflects a market that is still active and competitive, especially on the Eastside—but with hints of moderation. Bainbridge Island, in particular, stands out as a market offering more breathing room and opportunity for buyers. King County as a whole continues to deliver relatively stable performance, with no sharp swings.
Whether you're looking to enter the market or make a move this season, understanding these local dynamics is essential. If you’re ready to strategize around these trends, let’s connect and tailor a plan that fits your goals.
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📩 Michele Schuler
Contact Me for custom market guidance.
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