October 2025 was a Seller's market! The number of for sale listings was up 104.4% from one year earlier and down 14% from the previous month. The number of sold listings decreased 25.3% year over year and increased 1.8% month over month. The number of under contract listings was down 40.7% compared to previous month and down 23.9% compared to previous year. The Months of Inventory based on Closed Sales was 1.6, up 166.7% from the previous year.
The Average Sold Price per Square Footage was up 5.7% compared to previous month and up 5.5% compared to last year. The Median Sold Price decreased by 3.3% from last month. The Average Sold Price also increased by 8.8% from last month. Based on the 6 month trend, the Average Sold Price trend was "Appreciating" and the Median Sold Price trend was "Neutral".
The Average Days on Market showed a neutral trend, an increase of 10.7% compared to previous year. The ratio of Sold Price vs. Original List Price was 96%, a decrease of 2% compared to previous year.
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October property sales were 56, down 25.3% from 75 in October of 2024 and 1.8% higher than the 55 sales last month.
Versus last year, the total number of properties available this month was higher by 47 units of 104.4%. 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 down 14% compared to the previous month.
There was a decrease of 40.7% in the pended properties in October, with 35 properties versus 59 last month. This month's pended property sales were 23.9% 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 $654 was up 5.7% from $619 last month and up 5.5% from $620 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 31, up 6.9% from 29 days last month and up 10.7% from 28 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 up 1.1% % from last month and down from 2% % 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 $2,048,000, down 29% from $2,885,000 in October of 2024 and down 8% from $2,226,000 last month.
The Average Sold Price in October was $1,976,000, up 6.8% from $1,851,000 in October of 2024 and up 8.8% from $1,816,000 last month.
The Median Sold Price in October was $1,663,000, down 3.9% from $1,730,000 in October of 2024 and down 3.3% from $1,720,000 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 1.6 was increased by 166.7% compared to last year and down 15.4% compared to last month. October 2025 was Seller's market.
The October 2025 Months of Inventory based on Pended Sales of 2.6 was increased by 163.6% compared to last year and up 44.1% compared to last month. October 2025 was Seller'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 60.9 was decreased by 63.5% compared to last year and up 18.5% compared to last month.
The October 2025 Absorption Rate based on Pended Sales of 38 was decreased by 62.8% compared to last year and down 31% 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.