December 2025 Market Snapshot

December 2025 Real Estate Snapshot

A calm year-end reset across King & Snohomish Counties

As we head into the final stretch of the year, the real estate market across King and Snohomish Counties is settling into a familiar winter rhythm. Activity has slowed from the fall, buyers are more selective, and pricing has softened modestly in several segments—but homes are still selling, and the market remains fundamentally healthy.

What we’re seeing right now is less urgency and more balance. That’s typical for December, and it’s giving both buyers and sellers space to make thoughtful decisions instead of rushed ones.

Across single-family homes and condos, prices are generally lower than earlier this fall and slightly below last year’s levels, while days on market have stretched out. Negotiations are more common, and sold prices are landing a few percentage points under list price in most areas.

In Snohomish County, single-family homes are holding up relatively well. The median price sits at $745,000, down slightly from October and from this time last year. Homes are averaging about 47 days on market, selling for roughly 96% of list price, with inventory hovering around 2 to 2.5 months. That’s still a fairly balanced market, but buyers clearly have more leverage than they did earlier in the year.

Snohomish County condos are a bit more price-sensitive. The median condo price is $498,000, with average days on market in the mid-40s and inventory just over three months. Condos are selling for about 97% of asking price, signaling that buyers are negotiating—but still moving forward when the numbers make sense.

In King County, the contrast between single-family homes and condos is more pronounced.

King County single-family homes continue to show resilience, even with softer pricing. The median price is now $925,000, down from October and slightly below last year. Homes are taking about 42 days to sell, with sellers receiving roughly 97% of list price on average. Inventory sits around 2.5 months, which keeps this segment relatively stable compared to others.

King County condos, however, are the most buyer-friendly segment of the market right now. The median condo price has landed at $500,000, down significantly from both October and last year. With nearly five months of inventory, longer marketing times (around 65 days), and an average sold-to-list ratio of 95%, buyers have time, options, and negotiating power—while sellers need to be strategic on pricing and presentation.

The big picture

This isn’t a market that’s racing ahead or pulling back sharply—it’s recalibrating.

• Prices are more realistic

• Homes are taking longer to sell

• Negotiation is normal again

• Preparation matters more than timing

For homeowners, this is a great time to plan. For buyers, it’s a window to move thoughtfully. And for sellers, success is still very achievable with the right strategy—even in a quieter season.

If you’re curious how these broader trends compare to your specific neighborhood or property type, just reply to this email and I’ll put together a quick, personalized snapshot for you.