October 2025 was a Seller's market! The number of for sale listings was down 20% from one year earlier and the same as the previous month. The number of sold listings was 2. The number of under contract listings was down 100% compared to previous month. The Months of Inventory based on Closed Sales was 2, down 60% from the previous year.
The Average Sold Price per Square Footage was 3,040. The Median Sold Price was 8,484. The Average Sold Price was 8,484. Based on the 6 month trend, the Average Sold Price trend was "Appreciating" and the Median Sold Price trend was "Appreciating".
The Average Days on Market showed a neutral trend. The ratio of Sold Price vs. Original List Price was 86%.
Video edited on Kapwing

October property sales were 2, the same as in October of 2024.
Versus last year, the total number of properties available this month was lower by 1 units of 20%. This year's smaller inventory means that buyers who waited to buy may have smaller selection to choose from. The number of current inventory was the same as the previous month.
There was a decrease of 100% in the pended properties in October, with 0 properties versus 2 last month. This month's pended property sales were the same as 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 $3,040.
* 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 48.
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 was 86% .
* 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 $29,974,000, up 6.1% from $28,245,000 in October of 2024 and the same as last month.
The Average Sold Price in October was $8,484,000.
The Median Sold Price in October was $8,484,000.
* 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 2 was decreased by 60% compared to last year and down 50% compared to last month. October 2025 was Seller's market.
The October 2025 Months of Inventory based on Pended Sales of 4 was decreased by 20% compared to last year and up 100% compared to last month. October 2025 was Neutral 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 50 was and the same compared to last month.
The October 2025 Absorption Rate based on Pended Sales of 0 was down 100% 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.