December 2025 was a Seller's market! The number of for sale listings was up 69.1% from one year earlier and down 27.1% from the previous month. The number of sold listings decreased 22.2% year over year and decreased 8.3% month over month. The number of under contract listings was down 36.1% compared to previous month and down 1.9% compared to previous year. The Months of Inventory based on Closed Sales was 1.8, up 122.2% from the previous year.
The Average Sold Price per Square Footage was down 13.9% compared to previous month and down 9.6% compared to last year. The Median Sold Price increased by 1.6% from last month. The Average Sold Price also decreased by 4% from last month. Based on the 6 month trend, the Average Sold Price trend was "Neutral" and the Median Sold Price trend was "Neutral".
The Average Days on Market showed a neutral trend, an increase of 31% compared to previous year. The ratio of Sold Price vs. Original List Price was 96%, a decrease of 3% compared to previous year.
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December property sales were 77, down 22.2% from 99 in December of 2024 and 8.3% lower than the 84 sales last month.
Versus last year, the total number of properties available this month was higher by 56 units of 69.1%. This year's bigger inventory means that buyers who waited to buy may have bigger selection to choose from. The number of current inventory was down 27.1% compared to the previous month.
There was a decrease of 36.1% in the pended properties in December, with 53 properties versus 83 last month. This month's pended property sales were 1.9% lower than at this time last year.
All reports are published January 2026, based on data available at the end of December 2025, except for the today’s stats. Information and statistics derived from Northwest Multiple Listing Service. Neither the Board or its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. Report reflects activity by all brokers participated in the MLS.

The Average Sold Price per Square Footage is a great indicator for the direction of property values. Since Median Sold Price and Average Sold Price can be impacted by the 'mix' of high or low end properties in the market, the Average Sold Price per Square Footage is a more normalized indicator on the direction of property values. The December 2025 Average Sold Price per Square Footage of $459 was down 13.9% from $533 last month and down 9.6% from $508 in December of last year.
* Based on 6 month trend – Appreciating/Depreciating/Neutral

The average Days on Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM trends to indicate a move towards more of a Buyer’s market, a downward trend indicates a move towards more of a Seller’s market. The DOM for December 2025 was 38, up 15.2% from 33 days last month and up 31% from 29 days in December of last year.
The Sold Price vs. Original List Price reveals the average amount that sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer’s market exists, a ratio at or above 100% indicates more of a Seller’s market. This month Sold Price vs. Original List Price of 96% was down 1% % from last month and down from 3% % in December of last year.
* Based on 6 month trend - Upward/Downward/Neutral
** Based on 6 month trend – Rising/Falling/Remains Steady
All reports are published January 2026, based on data available at the end of December 2025, except for the today’s stats. Information and statistics derived from Northwest Multiple Listing Service. Neither the Board or its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. Report reflects activity by all brokers participated in the MLS.

The Average For Sale Price in December was $1,260,000, up 7.7% from $1,170,000 in December of 2024 and up 3.8% from $1,214,000 last month.
The Average Sold Price in December was $1,168,000, down 0.6% from $1,175,000 in December of 2024 and down 4% from $1,217,000 last month.
The Median Sold Price in December was $1,050,000, down 6.2% from $1,119,000 in December of 2024 and up 1.6% from $1,033,000 last month.
* Based on 6 month trend - Appreciating/Depreciating/Neutral

A comparatively lower Months of Inventory is more beneficial for sellers while a higher months of inventory is better for buyers.
*Buyer’s Market: More than 6 months of inventory
Seller’s Market: Less than 3 months of inventory
Neutral Market: 3 – 6 months of inventory
The December 2025 Months of Inventory based on Closed Sales of 1.8 was increased by 122.2% compared to last year and down 17.9% compared to last month. December 2025 was Seller's market.
The December 2025 Months of Inventory based on Pended Sales of 2.6 was increased by 73.3% compared to last year and up 13.2% compared to last month. December 2025 was Seller's market.
All reports are published January 2026, based on data available at the end of December 2025, except for the today’s stats. Information and statistics derived from Northwest Multiple Listing Service. Neither the Board or its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. Report reflects activity by all brokers participated in the MLS.

Absorption Rate measures the inverse of Months of Inventory and represents how much of the current active listings (as a percentage) are being absorbed each month.
*Buyer’s market: 16.67% and below
Seller’s market: 33.33% and above
Neutral market: 16.67% - 33.33%
The December 2025 Absorption Rate based on Closed Sales of 56.2 was decreased by 54% compared to last year and up 25.7% compared to last month.
The December 2025 Absorption Rate based on Pended Sales of 38.7 was decreased by 42% compared to last year and down 12.2% compared to last month.
All reports are published January 2026, based on data available at the end of December 2025, except for the today’s stats. Information and statistics derived from Northwest Multiple Listing Service. Neither the Board or its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. Report reflects activity by all brokers participated in the MLS.