October 2025 was a Neutral market! The number of for sale listings was up 71.4% from one year earlier and the same as the previous month. The number of sold listings decreased 40% year over year and decreased 25% month over month. The number of under contract listings was down 75% compared to previous month and down 87.5% compared to previous year. The Months of Inventory based on Closed Sales was 4, up 185.7% from the previous year.
The Average Sold Price per Square Footage was down 8% compared to previous month and down 12.7% compared to last year. The Median Sold Price decreased by 40.5% from last month. The Average Sold Price also decreased by 42.1% from last month. Based on the 6 month trend, the Average Sold Price trend was "Depreciating" and the Median Sold Price trend was "Neutral".
The Average Days on Market showed a neutral trend, a decrease of 31.2% compared to previous year. The ratio of Sold Price vs. Original List Price was 96%, an increase of 6.7% compared to previous year.
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October property sales were 3, down 40% from 5 in October of 2024 and 25% lower than the 4 sales last month.
Versus last year, the total number of properties available this month was higher by 5 units of 71.4%. 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 the same as the previous month.
There was a decrease of 75% in the pended properties in October, with 1 properties versus 4 last month. This month's pended property sales were 87.5% lower than at this time last year.
All reports are published November 2025, based on data available at the end of October 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 October 2025 Average Sold Price per Square Footage of $957 was down 8% from $1,040 last month and down 12.7% from $1,096 in October 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 October 2025 was 33, up 22.2% from 27 days last month and down 31.2% from 48 days in October 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 the same as last month and up from 6.7% % in October of last year.
* Based on 6 month trend - Upward/Downward/Neutral
** Based on 6 month trend – Rising/Falling/Remains Steady
All reports are published November 2025, based on data available at the end of October 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 October was $10,960,000, up 67.8% from $6,532,000 in October of 2024 and up 6.4% from $10,303,000 last month.
The Average Sold Price in October was $2,430,000, down 49.9% from $4,854,000 in October of 2024 and down 42.1% from $4,200,000 last month.
The Median Sold Price in October was $2,380,000, down 34.8% from $3,650,000 in October of 2024 and down 40.5% from $4,000,000 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 October 2025 Months of Inventory based on Closed Sales of 4 was increased by 185.7% compared to last year and up 33.3% compared to last month. October 2025 was Neutral market.
The October 2025 Months of Inventory based on Pended Sales of 12 was increased by 1,268.6% compared to last year and up 300% compared to last month. October 2025 was Buyer's market.
All reports are published November 2025, based on data available at the end of October 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 October 2025 Absorption Rate based on Closed Sales of 25 was decreased by 65% compared to last year and down 24.9% compared to last month.
The October 2025 Absorption Rate based on Pended Sales of 8.3 was decreased by 92.8% compared to last year and down 75% compared to last month.
All reports are published November 2025, based on data available at the end of October 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.