November 2025 Market Snapshot

King & Snohomish County – Single-Family and Condo Trends

As we move deeper into November, the real estate picture in King and Snohomish counties is showing a consistent theme: prices are relatively stable, homes are still selling, and the pace is calmer than the peak years—giving both buyers and sellers a bit more breathing room.

This update is based on October 2025 closed sales across both counties for single-

family homes and condos.

Prices: Trending Up Across the Board

Prices moved up in all four segments:

• King County Single-Family:

Median sales price rose to $995,000 (from $980,000 in September).

• Snohomish County Single-Family:

Median sales price is now $755,000 (up from $750,000).

• King County Condos:

Median sales price climbed to $555,000 (from $520,000).

• Snohomish County Condos:

Median sales price increased to $485,000 (from $446,000).

This steady upward movement suggests that demand is still strong, even as buyers

take a bit more time and negotiate a bit more than they did during the most competitive

years.

How Long Are Homes Taking to Sell?

Days on market show a more measured pace, with single-family homes moving faster

than condos:

• King County Single-Family: ~37 days on market

• Snohomish County Single-Family: ~41 days on market

• King County Condos: ~57 days on market

• Snohomish County Condos: ~47 days on market

Single-family homes are generally selling within 5–6 weeks, while condos are taking a

bit longer—especially in King County—giving buyers more time to compare options and

make decisions.

Are Homes Still Selling Over Asking?

Overall, properties are selling under list price:

• King County (homes & condos): about 97% of list price

• Snohomish County Single-Family: about 97% of list price

• Snohomish County Condos: about 98% of list price

  
  

This tells us sellers are not full priced offers for their properties, and buyers no longer

need to drastically overbid just to have a chance. Well-priced, well-presented properties

are still performing best.

Inventory & Market Balance: Where Things Stand

Absorption rate is a helpful indicator of how “hot” the market is. It measures how many

months it would take to sell all current listings at the current sales pace, assuming no

new homes hit the market.

• King County Single-Family: 2.3 months

• Snohomish County Single-Family: 2.3 months

• King County Condos: 4.1 months

• Snohomish County Condos: 3.2 months

• 
  

Generally:

• Around 2–3 months = seller-leaning market (favors sellers but with some

  balance).

• Around 4+ months = more balanced, giving buyers a bit more leverage.

  
  

So, single-family homes in both counties remain in a mild seller’s market, while

condos—especially in King County—are closer to balanced conditions.

What This Means for You

If you’re thinking about selling:

• Stable prices and relatively low inventory, especially for single-family homes, still

offer a solid window to sell.

• Buyers are more price-conscious, so accurate pricing and strong presentation

(staging, photography, and marketing) are key to getting top-of-market results.

If you’re thinking about buying:

• You’re less likely to face intense bidding wars, particularly in the condo

segments and on homes that have been on the market longer.

• With most properties selling under list price, there is room to negotiate

while still being realistic about value.

• Condos in both counties remain a compelling option for buyers looking for a more

affordable entry point compared to many single-family homes.

If you’d like to know how these trends line up with your specific neighborhood or your

plans for 2025—whether that’s upsizing, downsizing, or making your first purchase—I’m

happy to walk you through what the numbers mean for your situation and timing.