Market Talking Points - August 2025

We’re in a classic Pacific Northwest summer slowdown, but underneath that seasonal rhythm, inventory is rising, buyer behavior is shifting, and interest rate expectations are evolving. Whether you're buying or selling, understanding these dynamics can help you make smarter, more confident decisions. Here’s what you need to know:

👩‍💼 FOR BUYERS

The market is slowly tilting in your favor, but patience and preparation are key.

📈 Inventory is up significantly year-over-year in Seattle, the Eastside, and Bainbridge Island, giving buyers more choice across all price points.
🏷️ Sellers are adjusting pricing, particularly in mid-range and luxury segments, where longer days on market are becoming more common.
🧭 Buyers have more negotiating power, especially on homes that need updates or have been sitting on the market.
📊 Interest rates remained steady following the July Fed meeting, but expectations for a potential rate cut in September are growing.
🕰️ Don’t wait too long, if rates do fall in Q3 or Q4, buyer competition could heat up again.

🏡 FOR SELLERS

We’re still in a seller-friendly market, but only if your home is priced and prepped to compete.

📦 Competition is up, with more homes hitting the market than this time last year in most areas.
⏳ Homes are sitting longer, especially if they’re overpriced or poorly presented.
💡 Presentation and pricing are make-or-break, today’s buyers are cautious and won’t overpay.
📈 Price appreciation has softened, but King County still saw modest year-over-year growth.
📆 Timing matters, listing before fall may help avoid increased competition and shifting demand as rates potentially change.

📌 Bottom Line

The market is adjusting, not collapsing. Buyers have more options, and sellers can still succeed, but strategy is everything. If you're navigating a buy or sell this year, working with an expert who understands local trends will be critical.

📩 Reach out to review your goals and create a smart plan tailored to today’s market conditions.