Luxury Homes Hold Strong on the Eastside Despite Broader Market Shifts

While the overall real estate market continues to adjust to high interest rates and affordability pressures, luxury properties on the Eastside remain surprisingly resilient. Areas like Bellevue, Medina, Bainbridge Island, and Kirkland continue to attract well-positioned buyers who are more focused on quality of life and long-term value than short-term rate changes.

💡 Market Highlights:

Bellevue and Medina remain top-tier locations for privacy, proximity to tech hubs, and architectural design.

Kirkland stands out for its vibrant downtown core and walkability.

Bainbridge Island attracts those looking for more space and a quieter lifestyle without losing access to Seattle.

🎯 Why Luxury Is Performing:

Many buyers in this price bracket are paying in cash or using equity from other investments.

The luxury market has less inventory, creating natural demand for high-quality listings.

Post-pandemic preferences for wellness spaces, home offices, and outdoor living areas continue to drive interest.

🗝️ What Sellers Should Know:

Well-presented luxury homes with updated features are still moving quickly. Buyers in this segment are selective but willing to act when they see a compelling property.

Sources:

Mansion Global: "Luxury Real Estate Market Remains Active in High-Value U.S. Suburbs"
NWMLS Data for King and Kitsap Counties – July 2025
Redfin: “Luxury Sales Hold Steady Despite Broader Market Slowdown”