December 2025 was a Seller's market! The number of for sale listings was up 5.9% from one year earlier and down 31.6% from the previous month. The number of sold listings increased 123.5% year over year and increased 58.3% month over month. The number of under contract listings was down 20% compared to previous month and up 26.3% compared to previous year. The Months of Inventory based on Closed Sales was 1.4, down 53.3% from the previous year.
The Average Sold Price per Square Footage was up 5.2% compared to previous month and up 7.6% compared to last year. The Median Sold Price increased by 10% from last month. The Average Sold Price also increased by 12.5% 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 upward trend, was the same compared to previous year. The ratio of Sold Price vs. Original List Price was 95%, an increase of 1.1% compared to previous year.
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December property sales were 38, up 123.5% from 17 in December of 2024 and 58.3% higher than the 24 sales last month.
Versus last year, the total number of properties available this month was higher by 3 units of 5.9%. 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 31.6% compared to the previous month.
There was a decrease of 20% in the pended properties in December, with 24 properties versus 30 last month. This month's pended property sales were 26.3% higher 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 $567 was up 5.2% from $539 last month and up 7.6% from $527 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 51, up 54.5% from 33 days last month and the same as 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 1% % from last month and up from 1.1% % 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 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 $1,764,000, down 37.1% from $2,805,000 in December of 2024 and down 4.2% from $1,841,000 last month.
The Average Sold Price in December was $1,532,000, down 9.8% from $1,699,000 in December of 2024 and up 12.5% from $1,362,000 last month.
The Median Sold Price in December was $1,380,000, down 6.4% from $1,475,000 in December of 2024 and up 10% from $1,255,000 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 1.4 was decreased by 53.3% compared to last year and down 57.7% compared to last month. December 2025 was Seller's market.
The December 2025 Months of Inventory based on Pended Sales of 2.3 was decreased by 14.9% compared to last year and down 11.4% 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 70.4 was increased by 111.3% compared to last year and up 131.7% compared to last month.
The December 2025 Absorption Rate based on Pended Sales of 44.4 was increased by 19.1% compared to last year and up 16.9% 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.