Market Updates

Rates jumped to 6.77%, a new 2026 high and the highest in nearly a year — the last time they were higher was July 28, 2025. The buyer's year-over-year rate advantage has closed to zero. Meanwhile inventory growth slowed sharply as the July peak window arrives, meaning selection may be peaking too.

5 Min. Read Audio Version Tony Meier | Windermere Real Estate | 37 Years Experience | 798 Closed Eastside Sales The post-holiday distortion has cleared, and this week's data delivers the clean underlying read we have been waiting for. Pending sales recovered to 120, up 66.7% from last week's holiday-suppressed 72 but still down 12.4% year over year. Active listings climbed to another 2026...

This week's headline numbers are the most extreme readings of 2026, but they arrive with the Independence Day holiday firmly stamped on them. Pending fell to 72, MOI jumped to 5.78, and active listings declined for the first time all year. A clean read of underlying market conditions will not be available until next week.

Pending sales jumped 37% this week to 137, MOI pulled back to 3.10 returning to balanced territory, and active listings barely grew for the first time all year. But pre-holiday timing complicates the read, and next week's Independence Day suppression is likely to reverse the pending signal.

5 Min. Read Audio Version Tony Meier | Windermere Real Estate | 37 Years Experience | 795 Closed Eastside Sales This week marks a meaningful threshold crossing. Months of Inventory jumped to 4.23, moving the Eastside into buyer-favored market territory for the first time in 2026. Per the locally defined market pace, anything above 4 months is buyer-favored. We are now there. Pending...

The data this week reads in mixed directions: rates eased to 6.62%, pending sales firmed modestly to 126, and active listings climbed to 1,771 — another 2026 high. Four short-term signals moved in sellers' favor this week, but the structural conditions defining 2026 remain in place.

Three signals converged this week: pending sales fell sharply with the YOY gap widening to -17.2%, rates returned to the post-conflict high of 6.67%, and Months of Inventory jumped to 3.34 — the second-highest weekly reading of 2026, this time without holiday distortion to explain it.

Published on: June 3, 2026 Northwest Multiple Listing Service (NWMLS), the source for the most current, accurate market listing data in Washington state, today released its May 2026 Market Snapshot. Housing inventory continued to expand across the NWMLS service area in May, giving buyers more choices as the market moved into the summer season. Active listings increased 16.8% year over year and 15.2%...

Tony Meier & Team's Weekly Market Update 4 Min. Read Audio Version 🏡 June Opens With Demand 8% Below Last Year — and Inventory at a New 2026 High | Seattle's Eastside Real Estate Update 06-03-26 Tony Meier | Windermere Real Estate | 37 Years Experience | 793 Closed Eastside Sales Two important shifts arrived together this week. The Memorial Day distortion has cleared from the...

Tony Meier & Team's Weekly Market Update Audio Version 🏡 May Is Tracking as the Weakest Demand Month Since 2008 — The Seasonal Turn Is Underway | Seattle's Eastside Real Estate Update 05-27-26 Tony Meier | Windermere Real Estate | 37 Years Experience | 792 Closed Eastside Sales Memorial Day week arrived this week — the same holiday that suppressed pending sales to 112 in...

Tony Meier & Team's Weekly Market Update 5 Min. Read Audio Version 🏡 A New Rate High, a Pending Rebound, and a Market Still Searching for Direction | Seattle's Eastside Real Estate Update 05-20-26 Tony Meier | Windermere Real Estate | 37 Years Experience | 789 Closed Eastside Sales Two signals this week cut in opposite directions and deserve careful reading. Rates climbed to...

Published on: May 5, 2026 Northwest Multiple Listing Service (NWMLS), the source for the most current, accurate market listing data in Washington state, today released its April 2026 Market Snapshot. Market Recap Housing supply continued to expand across the NWMLS service area in April, with active listings rising 28.4% year over year and increasing more than 23% from March as the spring market...

Tony Meier & Team's Weekly Market Update 5 Min. Read Audio Version 🏡 Rates Hit a New Wednesday High — While Inventory Holds Its Breath | Seattle's Eastside Real Estate Update 05-13-26 Tony Meier | Windermere Real Estate | 37 Years Experience | 789 Closed Eastside Sales Two data points stand out this week above all others. At 6.57%, this week's rate is the highest recorded...

Tony Meier & Team's Weekly Market Update 3 Min. Read 🏡 Flat Demand, Rising Supply, and More Inventory Than Even Last Year's Disrupted Market | Seattle's Eastside Real Estate Update 05-06-26 Tony Meier | Windermere Real Estate | 37 Years Experience | 789 Closed Eastside Sales Spring break is behind us and the seasonal distortions have cleared. What remains is a market in a...

Tony Meier & Team's Weekly Market Update 4 Min. Read Audio version: 🏡 April Listings Cross a 14-Year High — and the Demand Gap Tells the Real Story | Seattle's Eastside Real Estate Update 04-29-26 Tony Meier | Windermere Real Estate | 37 Years Experience | 789 Closed Eastside Sales Two milestones arrived together this week that place the current Eastside market in a context we...

Tony Meier | Windermere Real Estate | 37 Years Experience | 788 Closed Eastside Sales Audio version here: Spring break has wound down across King and Snohomish County school districts and this week's data reflects a more normal operating environment. Buyers are back, inventory is still climbing, and the underlying market dynamics that defined March continue to hold. 📌 WHAT'S...

Tony Meier | Windermere Real Estate | 37 Years Experience | 788 Closed Eastside Sales Audio Version here: Last week we cautioned that the spring-break-elevated MOI of 3.16 was not a reliable baseline, with several school districts still on break this week. That caution was well-placed. Here is what the data shows as spring break winds down. 📌 WHAT'S COVERED THIS...

If you've been watching the Puget Sound real estate market and wondering what's really going on beneath the headlines, you're not alone. After 37 years and more than 786 closed transactions across the Eastside and surrounding communities, our team has learned that the difference between a confident move and a costly one usually comes down to understanding three numbers — and what they mean in...

Tony Meier | Windermere Real Estate | 37 Years Experience | 785 Closed Sales Audio Version here: Spring break arrived this week across the majority of King and Snohomish County school districts — the same week it fell in 2025. That context is essential for reading this week's pending and closed sales numbers accurately. What is not seasonal is inventory, which set another 2026 high, and MOI,...

Published on: April 2, 2026 Northwest Multiple Listing Service (NWMLS), the source for the most current, accurate market listing data in Washington state, today released its March 2026 Market Snapshot. Market Recap A continued rise in inventory, combined with renewed pressure from rising mortgage rates, defined Washington’s housing market in March as listings climbed sharply while sales remained...

  There's a natural tendency in real estate to look at recent closings and draw conclusions about where the market is headed. It's understandable - closing data is concrete, specific, and easy to point to. But right now, it's also misleading. Every closing that hits the record in March and early April reflects a buyer decision made weeks or months earlier - often in mid-February or early March,...

The Eastside residential market has entered a new chapter. After nearly two years of strong seller conditions, the data through March 2026 tells a clear and consistent story - the market is rebalancing. Not crashing, not stalling, but recalibrating in ways that matter whether you're buying or selling. Here's what I'm seeing across my core markets of Bellevue, Redmond, Kirkland, Woodinville, Sammamish,...

Tony Meier & Team's Weekly Market Update 4 Min. Read. Audio Format Here: 🏡 A Record Month Closes — What the Data Shows Heading Into April | Seattle's Eastside Real Estate Update 04-01-26 Tony Meier | Windermere Real Estate | 37 Years Experience | 784 Closed Eastside Sales Last week we flagged three market milestones arriving simultaneously. This week, the March data closed...

Published on: March 4, 2026 Northwest Multiple Listing Service (NWMLS), the source for the most current, accurate market listing data in Washington state, today released its February 2026 Market Snapshot. Market Recap Inventory continued to expand across the region in February, providing buyers with significantly more options than a year ago. Active listings increased nearly 28% year over year to...

Published on: February 4, 2026 Northwest Multiple Listing Service (NWMLS), the source for the most current, accurate market listing data in Washington state, today released its January 2026 Market Snapshot. Market Recap January housing market data shows a continuation of recent trends, with growing inventory outpacing buyer demand across much of Washington state. Active listings increased nearly...

Published on: January 6, 2026 Northwest Multiple Listing Service (NWMLS), the source for the most current, accurate market listing data in Washington state, today released its December 2025 Market Snapshot. Market Recap The housing market in December closely mirrored conditions seen in October and November, continuing a pattern of rising inventory and softening prices. Active listings increased 23%...

3 Fed Rate Cuts... Mortgage Rates Don't Budge! Seattle's Eastside Real Estate Update • 12-10-25 **Hosted by Tony Meier • Windermere Real Estate • 36 Years Experience** Welcome back to your weekly Eastside housing update. Even with *three* recent Federal Reserve rate cuts, the mortgage market has barely moved — and the gap between policy and mortgage pricing is becoming a defining trend for...

Published on: November 5, 2025 Northwest Multiple Listing Service (NWMLS), the source for the most current, accurate market listing data in Washington state, today released its October 2025 Market Snapshot. Market Recap Mortgage interest rates continued to trend lower in October, ending the month at 6.17% for 30-year fixed-rate loans, the lowest level since early October 2024. Across NWMLS...

Published on: October 6, 2025 Northwest Multiple Listing Service (NWMLS), the source for the most current, accurate market listing data in Washington state, today released its September 2025 Market Snapshot. Market Recap Inventory is climbing, giving buyers more options, while home prices are showing signs of moderation after years of rapid growth. The median sales price in September dipped...

Published on: September 4, 2025 Northwest Multiple Listing Service (NWMLS), the source for the most current, accurate market listing data in Washington state, today released its Market Snapshot for August 2025. Market Recap In August, both active listings and home sales declined compared to July—by 2.7% and 7.7%, respectively—across the 27 counties in the NWMLS coverage area. This...

  This analysis of the Western Washington real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner to help you make informed real estate decisions.   WESTERN WASHINGTON ECONOMIC OVERVIEW The pace of job growth continues to slow in Western Washington, as the region added only 21,907 new positions over the past 12 months. This represented a growth...

If you've ever dreamed of buying your own place, or selling your current house to upgrade, you're no stranger to the rollercoaster of emotions changing home prices can stir up. It's a tale of financial goals, doubts, and a dash of anxiety that many have been through. But if you put off moving because you’re worried home prices might drop, make no mistake, they’re not going down. In...

https://youtu.be/zcmfPDjpGOs Have Buyer's Choices Peaked for 2023? Eastside Housing Market Update 8-2-2023 🏠 Have home buyers in the Eastside reached the zenith of their options for 2023? In this video, Tony Meier, a seasoned real estate expert with 34 years of experience at Windermere Real Estate, examines this query and provides an insightful update on the Eastside real estate...

https://youtu.be/I6Uinywr6b8 Housing's Recession Already Happened! Eastside Real Estate Market Update 7-26-2023 🏠 In this eye-opening market update, Tony Meier, a real estate veteran with 34 years of experience at Windermere Real Estate, breaks down the recent events in the Eastside housing market and discusses why he believes the 'housing recession' has already happened.  Link to...

https://youtu.be/wMZ_kq1TKmw Join real estate veteran Tony Meier of Windermere Real Estate on an an in-depth update on the latest trends in Seattle's Eastside housing market for April 26th, 2023. As home prices continue to climb, Tony explores the burning question on everyone's mind: "Where are the home sellers?" In this insightful video, Tony takes us through the most recent market statistics,...

https://youtu.be/cYQWKrr2eFQ This video is hosted by Tony Meier, a highly experienced real estate professional with 34 years of experience at Windermere Real Estate. In this video, Tony will provide a comprehensive update on the current state of the real estate market on Seattle's Eastside. The main topic of discussion will be the low inventory of homes for sale and how it is leading to higher prices...

https://youtu.be/pg7cv_foFLM In this video, I'm sharing with you an Eastside real estate update for April 12th, 2023. After a long winter, the market seems to be on the rebound and moving in an upward direction. If you're looking to buy or sell property in Seattle, be sure to watch this video to see what's happening on the Eastside! Hey there! If you have any questions while navigating your real...

https://youtu.be/E1Z66iowd2w Join real estate expert Tony Meier in this exciting update on the Eastside, Seattle, and Snohomish County real estate market for April 2023. In this comprehensive video, Tony breaks down the latest trends and provides valuable insights into the current market conditions, including improving interest rates, increasing prices, and overall market stabilization. 🌟 Key...

https://youtu.be/Ffjmqg_txG4 Join real estate expert Tony Meier 🎩 in this in-depth market update as he dives into the latest trends and statistics of Seattle's Eastside real estate market 🌇. With home prices continuing to rise 💹 and interest rates steadily declining ⬇️, it's an ideal time for both buyers and sellers to make their move. Tony breaks down the numbers...

https://youtu.be/Gl33a354qHU 🏠📉 Dive into the latest trends in Seattle's Eastside real estate market! In this comprehensive update, we explore how lower mortgage rates continue to fuel a healthy and thriving housing market. Join our expert host as he takes you through the most recent market data, including median home prices, and inventory levels. ✅ In this video, you'll...

https://youtu.be/6Y5DmWEId2A In this video, I'm sharing the latest news about the Eastside real estate market! Despite high rates, the Eastside real estate market is soaring higher, thanks to strong demand from buyers and sellers! If you're looking to buy or sell real estate in the Eastside, don't miss this video! I'll be shedding light on all the latest news and updates about the Eastside real estate...

https://youtu.be/IymNkGZJvLA In this video, we're going to discuss Seattle's Eastside Real Estate Market and see if it's booming or struggling as of February 15th, 2023. If you're looking to buy or sell real estate in Seattle's Eastside, now is the time to find out! This video will give you the latest information on the Eastside Real Estate Market and whether or not it's booming or struggling. So what...

Pending sales around Washington state reached the highest level since October and surged nearly 44% from December, according to the January report from Northwest Multiple Listing Service. Last month’s 5,776 mutually accepted offers were down about 9% from a year ago, but brokers seemed encouraged by the “favorable spike.” Prices on last month’s closed sales edged up slightly, at 0.41%,...

https://youtu.be/M9XALYeUzxo In this Seattle's Eastside Real Estate Update, we're going to share with you all the latest news and happenings on the Eastside real estate market. Since our last update, the market has continued to improve, with more and more Buyers choosing to buy a home today. We've got all the latest updates on the market, so be sure to check out our videos today! Whether you're...

https://youtu.be/zQ5JR7lE6gk In this weeks update for Seattle's Eastside Real Estate Market, we'll discuss the current market conditions and how they're affecting home prices in the Eastside of Seattle. Has the market turned the corner? Are we back in a sellers market? Where are prices headed? We will address these questions this week. Whether you're looking to buy or sell a home in Eastside...

https://youtu.be/zQ5JR7lE6gk In this weeks update for Seattle's Eastside Real Estate Market, we'll discuss the current market conditions and how they're affecting home prices in the Eastside of Seattle. Has the market turned the corner? Are we back in a sellers market? Where are prices headed? We will address these questions this week. Whether you're looking to buy or sell a home in Eastside...

https://youtu.be/fSVD93HoNKA Finally, good news for Seattle's Eastside real estate market this week! As you know, the market has been feeling a bit sluggish recently, but the market is shifting back towards a seller. Watch our video for all the details. Get in touch with our team today to find out more about the current market conditions in Seattle's Eastside! We'll be happy to help you out! This...

https://youtu.be/D0IXC4xPvZ8 In this video, I'm ranking the Top 5 Housing Numbers on Seattle's Eastside. These numbers are updated as of January 11, 2023 and will be a valuable resource for anyone looking to buy or sell property on the Eastside. Whether you're looking for a new home or you're selling your current property, these numbers will help you make an informed decision about where to buy or...

https://youtu.be/_sWwUTxA_Gk In this video, we'll share our latest market update for the Redmond & Woodinville Washington real estate market. We'll give you an overview of the current market conditions, and provide you with some tips on what to expect going forward. Whether you're looking to buy or sell a home in Redmond & Woodinville, be sure to check out our latest market update! We'll...

https://youtu.be/wjUCwZm2WfQ Are you looking for a new place to live? Or maybe you're just curious about the current housing market in your area? In this video, we'll share the top 3 housing numbers in Eastside, Seattle and Snohomish County – as of January 2023. Check out this video to see how the housing market is changing in your area – and find out what the current top three housing numbers...

January 6, 2023 Last year was a tale of two housing markets, suggested broker Dean Rebhuhn in commenting on the latest statistics from Northwest Multiple Listing Service. The MLS report for December shows continued growth in the number of active listings compared to the same month a year ago, but sharp drops in the number of pending and closed sales. Last month’s prices for single family homes...

https://youtu.be/f4nDjU4G1x8 Wednesday Update: Seattle's Eastside Residential Market Update for the week of 12/14/22. This Eastside Real Estate Market Update encompasses the cities of Bellevue, Bothell, Carnation, Clyde Hill, Duvall, Fall City, Issaquah, Kirkland, Kenmore, Medina, Mercer Island, Newcastle, North Bend, Redmond, Sammamish and Woodinville THE NUMBERS: Active Listings reached their...

https://youtu.be/f4nDjU4G1x8 Wednesday Update: Seattle's Eastside Residential Market Update for the week of 12/14/22. This Eastside Real Estate Market Update encompasses the cities of Bellevue, Bothell, Carnation, Clyde Hill, Duvall, Fall City, Issaquah, Kirkland, Kenmore, Medina, Mercer Island, Newcastle, North Bend, Redmond, Sammamish and Woodinville THE NUMBERS: Active Listings reached their...

https://youtu.be/oDNrLp1wFMA Wednesday Update: Seattle's Eastside Residential Market Update for the week of 12/7/22. This Eastside Update encompasses the cities of Bellevue, Bothell, Carnation, Clyde Hill, Duvall, Fall City, Issaquah, Kirkland, Kenmore, Medina, Mercer Island, Newcastle, North Bend, Redmond, Sammamish and Woodinville Holiday Cheers returns to the Real Estate Market this week. Watch...

https://youtu.be/Og1N-TGPL3E In this video, we're going to share with you the top three numbers you need to know when it comes to understanding the Seattle area's real estate market and home prices. If you're looking to buy or sell a property in the Seattle area, then you need to have a good understanding of the market condition and their effect on home prices. In this video, we're going to share with...

November statistics from Northwest Multiple Listing Service surprised few brokers. They point to holidays, inclement weather, and various economic factors for prompting pauses in listing and sales activity. Nonetheless, several industry leaders commented on positive signs, fueled in part by pent-up demand and evidence of easing inflation pressures. “Determined buyers are purchasing homes, with...

https://youtu.be/TOxaVFFS36U Wednesday Update: Seattle's Eastside Residential Market Update for the week of 11/30/22. This Eastside Update encompasses the cities of Bellevue, Bothell, Carnation, Clyde Hill, Duvall, Fall City, Issaquah, Kirkland, Kenmore, Medina, Mercer Island, Newcastle, North Bend, Redmond, Sammamish and Woodinville We have mixed news to share this week. Watch our video for all the...

https://youtu.be/oEF87T900Fw Wednesday Update: Seattle's Eastside Residential Market Update for the week of 11/23/22. This Eastside Update encompasses the cities of Bellevue, Bothell, Carnation, Clyde Hill, Duvall, Fall City, Issaquah, Kirkland, Kenmore, Medina, Mercer Island, Newcastle, North Bend, Redmond, Sammamish and Woodinville I cover some nice improvements for the Seattle's Eastside Real...

https://youtu.be/IbQLCQTBVTw THE NUMBERS: Active Listings reached their highest level this year on 7/27/22 at 1189. Active Listings are down from last week. 916 vs 944 a 3% decrease. Compared to a year ago this week, listings are up 589%.  Active List Prices peaked this year in the week of 3/9/22 with the median at $2,499,500. As of this week they are at a median price of...

We are talking Median Prices for the Eastside, Seattle and Snohomish County along with Months of...

Take a look past the headlines and see what is really going on with the Eastside Real Estate Market in our November...

Wednesday Update: Seattle's Eastside Residential Market Update for the week of 11/09/22 MARKET RECAP:  INTEREST RATES: In spite of the Fed's raising short term rates last week by 0.75%, the 30 year fixed rate only moved up slightly. As of today, 30 year fixed rates are at 7.21% THE MARKET:  The median closed sales price has held steady from August to October at $1,350,000. This is...

Brokers with Northwest Multiple Listing Service (NWMLS) are reporting a return to some creative financing methods as motivated home buyers and sellers grapple with higher mortgage rates. Despite that, and the seasonal slowdown in activity, 6,435 hopeful homebuyers succeeded in having sellers accept their offers to purchase during October.   “Buyers are benefiting from more choices in...

Wednesday Update: Seattle's Eastside Residential Market Update for the week of 11/02/22 MARKET RECAP: RATES: The Federal Reserve is set raise short term rates today. This will be the 6th time this year as they continue trying to rein in the economy through "demand destruction" making everything more expensive to finance including housing.  The 10 year treasury (what 30 year rates are based upon)...

Wednesday Update : Seattle's Eastside Residential Market Update for the week of 10/26/22 MARKET RECAP: RATES: Thankfully, there was some relief in interests rates this week. The 30 year fixed rates declined slightly from 7.22% to 7.15%, which is still 3.88% higher than it was a year ago.  THE MARKET: It is normal for active listings and pending sales to decline in the 4th quarter. However,...

RECAP: Rates continued to climb this week! The 30 year fixed rates are now 7.22%, which is 4.03% higher than it was a year ago. This has continued to put pressure on buyer affordability and the resulting decline in Pending Sales. All of this created another 2022 Months of Inventory high this week of 2.74 MOI.  I have been hearing from experts in the Mortgage Industry about is optimism that rates...

THE NUMBERS: Active Listings reached their highest level this year on 7/27/22 at 1189. Active Listings increased slightly from last week. 1014 vs 1004 a 1% increase. Compared to a year ago this week, listings are up 376%.  Active List Prices peaked this year in the week of 3/9/22 with the median at $2,499,500. As of this week they are at a median price of $1,675,000.  Pending Sales...

KIRKLAND, Washington (October 6, 2022) – “The shift in the market isn’t a surprise,” said broker Mike Larson when commenting on the latest statistics from Northwest Multiple Listing Service. The report on September activity shows active listings are nearly doubled from a year ago, pending sales declined more than 31%, but prices in most counties are still rising. “Buyers are finally...

Wednesday Market Update - Eastside Residential Market Stats as of 10/05/22: RECAP: Active listings remain steady this week, for the fourth week in a row. We would normally expect them to decline at this time of year, but many sellers still remain hopeful for a sale this year. Pending sales dropped 8% this week,  pushing the Months of Inventory to the second highest level this year at 2.44...

Wednesday Market Update - Eastside Residential Market Stats as of 9/28/22: RECAP: Active listings remain steady this week, for the third week in a row. Pending sales took a 20% drop this week as the impacts of interest rate increases have taken their toll. This brought the Month of Inventory Index back over 2 month again. Thankfully, the 10 year treasury declined today (what a 30 year mortgage is...

Wednesday Market Update - Eastside Residential Market Stats as of 9/21/22: RECAP: Active listings and Pending sales remain fairly steady this week.  The big news over the last week is interests rates. The 30 year fixed rate is at an average of 6.47% today. With a historical perspective, this is not particularly high, but it is a rate the market has not seen since 2008.  It becomes...

Wednesday Market Update - Eastside Residential Market Stats as of 9/14/22: RECAP: Active listings rose slightly this week. Pending sales continue to increase, which continues to tightened the Months of Inventory leading to the market strengthening.  Other notable items: The Median Price for Active Listings has not been above $1700k since the week of 6/22/22 at the same time the Median Price for...

Latest Press Release - August Statistical Data KIRKLAND, Washington (September 8, 2022) - Reports that we are entering a "bear market" are highly exaggerated, suggests an economist who tracks real estate activity when commenting on the latest statistics from Northwest Multiple Listing Service (NWMLS). A director with the multiple listing service said the latest data may just reflect a typical...

Wednesday Market Update - Eastside Residential Market Stats as of 9/7/22: RECAP: Active listings continue their decline this week. Pending sales showed a minor increase, which tightened the Months of Inventory. Normally, we would not expect the dynamics of the market to improve over a holiday weekend, but the rise again of interest rates likely pushed some buyers forward due to the fear of further rate...

RECAP: Not much change this week. Active listings remain flat, pending sales showed a minor decline which brought a small increase to the Months of Inventory. THE NUMBERS: Active Listings reached their highest level this year on 7/27/22 at 1189. Active Listings are slightly down again from last week. 1061 vs 1064 a 0% decrease. Compared to a year ago this week, listings are up 289%.  Active...

Wednesday Market Update: Here are the latest Eastside Residential Market Stats as of 8/24/22: This week is a mix of good news and bad news. The good... active listing continue to decline which would indicate the market is improving. The bad news... pending sales dropped 25% from last week. All this caused the Months of Inventory to rise above 2 months again.  Active Listings reached their...

Latest Press Release - July Statistical Data KIRKLAND, Washington (August 4, 2022) - New statistics from Northwest Multiple Listing Service confirm reports of a shifting housing market, prompting one industry leader to suggest "all parties involved in a transaction today have to recalibrate." "Today's buyers have their cups finally overflowing with options as residential inventory grows to about...

  Latest Press Release - June Statistical Data KIRKLAND, Washington (July 6, 2022) - Housing statistics from Northwest Multiple Listing Service for June show signs of a shifting market, creating opportunities for some buyers. Compared to a year ago, Northwest MLS (NWMLS) brokers reported a healthy jump in inventory, double-digit drops in both pending and closed sales, and the smallest...

Latest Press Release - May Statistical Data KIRKLAND, Washington (June 6, 2022) - "Home sellers really need to re-think their expectations," suggested Mike Larson, a member of the board of directors at Northwest Multiple Listing Service (NWMLS) when commenting on statistics summarizing May activity. The new report showed a significant increase in active listings compared to a year ago, a slowdown in...

Latest Press Release - March Statistical Data KIRKLAND, Washington (April 7, 2022) - Rising mortgage rates are not yet slowing home sales in most areas across Washington state, according to several brokers who commented on the latest statistical report from Northwest Multiple Listing Service. The report showed a 7.4% year-over-year drop in pending sales, but brokers suggested the decline is likely a...

Latest Press Release - February Statistical Data KIRKLAND, Washington (March 7, 2022) - Multiple offer situations are the norm for today's home buyers, but some brokers with Northwest Multiple Listing Service suggest February's improving inventory and a slowing pace of price increases may ease some of the competitive pressures. Commenting on the latest statistical report from Northwest MLS,...

Latest Press Release - January Statistical Data KIRKLAND, Washington (February 7, 2022) - A frigid first week of January, surges in coronavirus cases, and depleted inventory were among factors brokers from Northwest Multiple Listing Service cited for last month's slower than year-ago sales. In newly released statistics for January, the MLS reported 6,350 pending sales of single family homes and...

KIRKLAND, Washington (January 6, 2022) - Severe shortages of inventory, record-low temperatures and snow restrained December housing activity around Washington state beyond expected seasonal slowdowns, according to a new report from Northwest Multiple Listing Service. Summary statistics from the MLS show the volume of new listings added area-wide dropped 12.3% during December compared with the same...

KIRKLAND, Washington (December 6, 2021) - Historically soggy weather and the onset of holidays did not deter thousands of buyers and sellers during November, based on the latest report from Northwest Multiple Listing Service. Numbers for new listings, pending sales, and closed sales were comparable to year-ago totals, while prices rose a little more than 15%. "The so-called seasonal slowdown normally...

KIRKLAND, Washington (November 4, 2021) - Northwest Multiple Listing Service brokers are detecting indecisiveness by some buyers who are getting mixed "work from home" messages from their employers. The hesitancy, coupled with cooler, wetter weather and increases in mortgage rates were likely factors in slower listing and sales activity during October. Northwest MLS brokers reported 10,620 pending sales...

The following analysis of the Western Washington real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact your Windermere Real Estate agent. REGIONAL ECONOMIC...

KIRKLAND, Washington (October 6, 2021) - September's housing market remained "very active" to "frenzied" around Washington state with brokers reporting year-over-year (YOY) gains in new listings, closed sales, and prices. Brokers with Northwest Multiple Listing Service also detected growing stability in the condominium market. "Historically low interest rates continue to drive the real estate market,"...

KIRKLAND, Washington (September 7, 2021) - August typically brings a dip in housing activity and this year was no different, according to representatives from Northwest Multiple Listing Service when commenting on newly-released statistics. Figures comparing July to August show month-to-month drops in new listings, total inventory, pending sales, close sales, and median prices. "August showed a more...

KIRKLAND, Washington (August 5, 2021) - Competition for homes eased slightly in July across much of Washington state, but brokers from Northwest Multiple Listing Service expect the respite to be short-lived, with inventory still tight and prices still climbing. "Although the local market is intense, buyers can find some relief because there aren't as many offers to compete with compared to earlier...

The following analysis of the Western Washington real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact me. REGIONAL ECONOMIC OVERVIEW Employment levels in Western...

KIRKLAND, Washington (July 7, 2021) - Homebuyers may find some good news in the latest report from Northwest Multiple Listing Service (NWMLS). The number of active listings at the end of June, 6,358, reached the highest level since November when buyers could choose from 6,505 properties. The volume of new listings added last month was the highest number in 17 months (13,111 last month versus 14,689 at...

KIRKLAND, Washington (June 7, 2021) - May was a month of record-setting highs and lows for some key housing market indicators tracked by Northwest Multiple Listing Service. Northwest MLS director Robb Wasser, branch manager at Windermere Real Estate/East in Bellevue, noted the number of active listings for single family homes dropped from April to May for the first time in at least 20 years. The...

KIRKLAND, Washington (May 5, 2021) - Finally, some good news for home buyers! Sizeable increases in new listings compared to a year ago and reports of moderating prices "might mean we are seeing some relief for buyers," suggested John Deely, a board member at Northwest Multiple Listing Service. In commenting on the latest statistics from Northwest MLS summarizing April activity, Deely said the market...

KIRKLAND, Washington (April 7, 2021)   – Brokers with Northwest Multiple Listing Service (NWMLS) added 10,562 new listings to inventory during March --  the highest volume since September when they added 11,210 properties to the selection. Even so, demand continued to outstrip supply, keeping inventory depleted. The latest statistical summary from Northwest MLS shows double-digit...

KIRKLAND, Washington (March 4, 2021) – Housing activity during February remained hot around much of Washington state despite significant accumulation of lowland snow over the Valentine’s Day weekend, according to latest statistical report from the Northwest Multiple Listing Service. “It’s amazing how close the February numbers are when compared to February 2020, which was, of course, right...

KIRKLAND, Washington (February 4, 2021) – Home buyers who have been precluded from entering Puget Sound’s competitive market may want to consider condominiums as an option, according to industry experts who commented on the latest housing statistics from Northwest Multiple Listing Service.   “With the trend toward telecommuting and moving to outlying suburban areas, the Seattle/King County...

The following analysis of the Western Washington real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact your Windermere agent. REGIONAL ECONOMIC OVERVIEW After the...

KIRKLAND, Washington. (January 19, 2021) - Northwest Multiple Listing Service member-brokers reported 95,760 closed sales during 2020 valued at more than $56 billion. Both the number of transactions and dollar value eclipsed the totals for 2019. Last year's sales of residential (single family) homes and condominiums outgained 2019 by 3,257 transactions for a 3.5% increase. Of the total completed...

KIRKLAND, Washington (January 6, 2021) – “Insatiable buyer demand” is keeping inventory scarce as house hunters try to outmaneuver and outbid each other, according to reports from Northwest Multiple Listing Service (NWMLS). Its statistical summary for December showed strong activity throughout the holiday season with double-digit increases in new listings, pending sales, closed sales, and...

  Northwest MLS brokers say real estate activity across Washington remains strong KIRKLAND, Washington (December 7, 2020) – Some real estate brokers expect the competition for homes to ease somewhat over the holidays, but the latest statistics from Northwest Multiple Listing Service indicate activity is unusually strong heading into December.   “The rush is on for housing,” exclaimed...

  KIRKLAND, Washington (November 5, 2020) – “Finding and buying a home today is more difficult than at any time in the past 40 years of my career,” was how broker Dick Beeson summed up the latest statistics from Northwest Multiple Listing Service.   The Northwest MLS report recapping October activity showed a 40% drop in active listings compared to the same month a year ago, an...

KIRKLAND, Washington (October 7, 2020) – Northwest Multiple Listing Service brokers completed 10,175 sales transactions during September – the highest monthly volume since June 2018 when MLS members reported 10,072 closed sales. September’s closings also marked a jump of nearly 28% from the same month a year ago, according to the latest statistical summary from the MLS. “I believe this...

Watch the latest episode of our Kirkland Real Estate Market Update for a recap on our local housing market. We will dive into current inventory levels and housing prices for homes in Kirkland Washington. Would you like to know more about our local real estate market? Contact us here. We are happy to...

Watch the latest episode of our Redmond Real Estate Market Update for a recap on our local housing market. We will dive into current inventory levels and housing prices for homes in Redmond Washington. Would you like to know more about our local real estate market? Contact us here. We are happy to...

Watch the latest episode of our Bellevue Real Estate Market Update for a recap on our local housing market. We will dive into current inventory levels and housing prices for homes in Bellevue Washington. Would you like to know more about our local real estate market? Contact us here. We are happy to...

Watch the latest episode of our Redmond Real Estate Market Update for a recap on our local housing market. We will dive into current inventory levels and housing prices for homes in Redmond Washington. Would you like to know more about our local real estate market? Contact us here. We are happy to...

Watch the latest episode of our Kirkland Real Estate Market Update for a recap on our local housing market. We will dive into current inventory levels and housing prices for homes in Kirkland Washington. Would you like to know more about our local real estate market? Contact us here. We are happy to...

Watch the latest episode of our Woodinville Real Estate Market Update for a recap on our local housing market. We will dive into current inventory levels and housing prices for homes in Woodinville Washington. Would you like to know more about our local real estate market? Contact us here. We are happy to...

Watch the latest episode of our Eastside, King & Snohomish County Real Estate Market Update for a recap on our local housing market. We will dive into current inventory levels and housing prices for homes in the Eastside, King & Snohomish County Washington. Would you like to know more about our local real estate market? Contact us here. We are happy to...

Watch the latest episode of our Eastside, King & Snohomish County Real Estate Market Update for a recap on our local housing market. We will dive into current inventory levels and housing prices for homes in the Eastside, King & Snohomish County Washington. Would you like to know more about our local real estate market? Contact us here. We are happy to...

Watch the latest episode of our Woodinville Real Estate Market Update for a recap on our local housing market. We will dive into current inventory levels and housing prices for homes in Woodinville Washington. Would you like to know more about our local real estate market? Contact us here. We are happy to...

Watch the latest episode of our Kirkland Real Estate Market Update for a recap on our local housing market. We will dive into current inventory levels and housing prices for homes in Kirkland Washington. Would you like to know more about our local real estate market? Contact us here. We are happy to...

Watch the latest episode of our Redmond Real Estate Market Update for a recap on our local housing market. We will dive into current inventory levels and housing prices for homes in Redmond Washington. Would you like to know more about our local real estate market? Contact us here. We are happy to...