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Despite Falling Rates, King County Housing Market Flops to End Forgettable Year

Will Springer Realtor

The 802 new listings in December was a low not seen since records were archived online from 1990. No other month has fallen below 1000 new listings in more than three decades of record keeping. Prices mostly fell from the previous month but were higher year-on-year (YoY). Inflation currently stands at 3.1%.

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IS THE REAL ESTATE WINDOW CLOSING SHUT?

Will Springer Realtor

Estimated opening is 2026. New listings are up 6.3% Condo sales are in a similar boat, with new listings higher – by 4.3% across King and up 17% in Seattle and the Eastside – while active listings are falling 3.3% It’s a similar tale for single-family homes as a subset of the market. 1 vs. Sept.

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FINDING THE KEY TO UNLOCK ‘STUCK’ HOMEOWNERSHIP RATE

Will Springer Realtor

After a continued rise in sales activity through March, the number of Seattle listings under contract and new listings have eased. Pending condo sales in May fell 10% (326) from April and 13% from this time last year, while new listings were down 3.8% month to month (436) and 6.1%

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