December 2025 was a Seller's market! The number of for sale listings was up 121.1% from one year earlier and down 32.3% from the previous month. The number of sold listings decreased 9.1% year over year and decreased 35.5% month over month. The number of under contract listings was down 55.6% compared to previous month and down 14.3% compared to previous year. The Months of Inventory based on Closed Sales was 2.1, up 138.9% from the previous year.
The Average Sold Price per Square Footage was down 6.7% compared to previous month and down 14.6% compared to last year. The Median Sold Price decreased by 16.2% from last month. The Average Sold Price also decreased by 12.1% from last month. Based on the 6 month trend, the Average Sold Price trend was "Neutral" and the Median Sold Price trend was "Depreciating".
The Average Days on Market showed a neutral trend, a decrease of 25.6% compared to previous year. The ratio of Sold Price vs. Original List Price was 95%, a decrease of 3.1% compared to previous year.
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December property sales were 20, down 9.1% from 22 in December of 2024 and 35.5% lower than the 31 sales last month.
Versus last year, the total number of properties available this month was higher by 23 units of 121.1%. 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 32.3% compared to the previous month.
There was a decrease of 55.6% in the pended properties in December, with 12 properties versus 27 last month. This month's pended property sales were 14.3% 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 $561 was down 6.7% from $601 last month and down 14.6% from $657 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 29, the same as last month and down 25.6% from 39 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 95% was down 2.1% % from last month and down from 3.1% % 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 December 2025, based on data available at the end of November 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 $2,206,000, down 18.1% from $2,694,000 in December of 2024 and up 11.8% from $1,973,000 last month.
The Average Sold Price in December was $1,524,000, down 15.1% from $1,794,000 in December of 2024 and down 12.1% from $1,734,000 last month.
The Median Sold Price in December was $1,412,000, down 17.1% from $1,703,000 in December of 2024 and down 16.2% from $1,685,000 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 2.1 was increased by 138.9% compared to last year and up 5% compared to last month. December 2025 was Seller's market.
The December 2025 Months of Inventory based on Pended Sales of 3.5 was increased by 154.7% compared to last year and up 52.3% compared to last month. December 2025 was Neutral 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 47.6 was decreased by 58.9% compared to last year and down 4.8% compared to last month.
The December 2025 Absorption Rate based on Pended Sales of 28.6 was decreased by 61.2% compared to last year and down 34.2% 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.