February 2025 Western Washington Real Estate Market Report

From the Northwest Multiple Listing Service here in Washington state, we have the video update for the month of May. You can see more of the trends in the charts below the video. Information and statistics derived from Northwest Multiple Listing Service.

Let’s talk about the market over the past month through the numbers and dissect what that means for us. We saw and increase in listings. This means there was more inventory from buyers to choose from. Sellers have more to compete with when getting their home listed. The amount of transactions under contract was down…

 Information and statistics derived from Northwest Multiple Listing Service.

Information and statistics derived from Northwest Multiple Listing Service.

As always, please find the lovely Market Snapshot from the Northwest MLS below and my synopsis for your pleasure.  Information and statistics derived from Northwest Multiple Listing Service. What’s That Mean for us? Depends on if you’re a buyer or seller, honestly. With 3 and half months of inventory on the market, that means there…

 Information and statistics derived from Northwest Multiple Listing Service.