Market Snapshot: Rates, Inventory & Seasonal Shifts

The real estate market is doing its usual summer shuffle. Prices are adjusting, inventory is climbing, and buyer behavior continues to reflect a mix of caution and opportunity. While it’s typical to see a slowdown in July and August, the latest numbers offer important insights for both buyers and sellers looking ahead to fall.

Here's what we’re seeing across Seattle’s Eastside, Bainbridge Island, and King County.

📍 Eastside Market Trends – July 2025

• 🏡 Median Sold Price: $1,450,000
  🔻 -4.6% vs. last month | 🔻 -0.3% vs. last year

• ⏳ Average Days on Market (CDOM): 23 days
  🔺 +27.8% MoM | 🔺 +53.3% YoY

• 💰 Sold vs. Original List Price: 99%
  🔻 -1% MoM | 🔻 -2% YoY

• 📦 Months of Inventory (Closed Sales): 2.1
  📈 +6.3% MoM | 📈 +38.3% YoY

Takeaway: Pricing has softened slightly, and homes are taking longer to sell compared to last summer. But sellers are still achieving nearly full asking price on average, and inventory levels suggest a more balanced market.

📍 Bainbridge Island Snapshot – July 2025

• 🏡 Median Sold Price: $1,204,500
  🔺 +3.9% vs. last month | 🔻 -4.2% vs. last year

• ⏳ Average Days on Market (CDOM): 41 days
  🔻 -16.3% MoM | 🔺 +36.7% YoY

• 💰 Sold vs. Original List Price: 97%
  ➡️ No change MoM | 🔻 -3% YoY

• 📦 Months of Inventory (Closed Sales): 4.1
  🔻 -8.9% MoM | 📈 +78.3% YoY

Takeaway: Bainbridge Island continues to be a lifestyle-driven market with larger fluctuations. Sellers are seeing slightly improved prices month-over-month, even as overall inventory remains elevated compared to 2024.

📍 King County Overview – July 2025

• 🏡 Median Sold Price: $1,000,000
  🔻 -3.4% vs. last month | 🔺 +1% vs. last year

• ⏳ Average Days on Market (CDOM): 26 days
  🔺 +23.8% MoM | 🔺 +44.4% YoY

• 💰 Sold vs. Original List Price: 98%
  🔻 -1% MoM | 🔻 -2% YoY

• 📦 Months of Inventory (Closed Sales): 2.4
  📈 +4.4% MoM | 📈 +50.3% YoY

Takeaway: The numbers show a classic summer slowdown with longer days on market and sellers adjusting prices. However, slight price growth year-over-year and rising inventory mean more opportunities for strategic buyers.

What This Means for You

Whether you're thinking about buying, selling, or simply staying informed, understanding these monthly shifts can help you make smarter decisions. We’re keeping a close eye on how rates, inventory, and buyer activity evolve in early fall.

📩 Curious what these trends mean for your home or neighborhood? Let’s chat.