Market Talking Points - May 2025

What Buyers & Sellers Need to Know Right Now in the Puget Sound Market
Spring is in full swing, and the market is shifting. Whether you're gearing up to buy or preparing to list, here's what you should know to stay one step ahead. 👇

👩‍💼 BUYERS – Opportunities Are Growing, But So Is Competition

1. 🔄 Inventory is on the rise—especially on Bainbridge Island and the Eastside:

Bainbridge: +76.7% MoM, +49% YoY in new listings

Eastside: +20.9% MoM, +34.8% YoY
✅ More options = more room to breathe.

2. ⏳ Homes are still moving fast in hot spots:

Eastside CDOM: 13 days (↓ 23.5% YoY)

King County CDOM: 19 days (↓ 18.7%)
⚡ Find the right fit? Be ready to move fast.

3. 🧠 Bainbridge = your best shot at negotiation:

Selling at 98% of asking

36 days on market
💡 Buyers here can negotiate on price and terms.

4. 💵 Affordability is starting to stabilize:

Slight YoY price dips in King County and the Eastside

Modest monthly gains = buyers pushing back on overpricing
🔍 Great time to hunt for smart value buys.

🏡 SELLERS – Still a Strong Market, But Strategy Matters

1. 💰 Homes are selling above asking in King County and the Eastside:

Eastside: 101% of asking

King County: 100% of asking
🔥 With the right strategy, you can still attract multiple offers.

2. 🌷 Spring surge is here—list now to beat the summer wave:

Inventory is building across all areas
📣 Listing early gives your home the spotlight.

3. 📉 Bainbridge sellers—pricing is critical right now:

Median price dropped 12% MoM

36 CDOM = buyers taking their time
🎯 Nail your pricing and presentation to stay competitive.

4. 🚀 Quick sales are still common in hot zones:

Eastside: 13 CDOM

King County: 19 CDOM
🏃‍♂️ A well-prepped home can still fly off the market—often under 2 weeks!

📬 Final Take:

Whether you're buying or selling, the market is moving—and timing is everything. Let's talk about your goals and create a plan tailored to the current trends.
📲 Reach out anytime—I’m here to help you navigate with confidence.