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Seattle & Eastside Market Report

August 2025 · 18cities · Single-family homes only

Key Takeaways

  1. Sammamish flipped to a buyer's market in August

    DOM nearly doubled from 17 to 35 days month-over-month, above-list sales collapsed from 14% to 8%, and volume fell 21% year-over-year. This is the steepest single-month deterioration of any reliable city this summer.

  2. Renton's days on market surged from 8 to 20 between July and August

    the most affordable reliable market lost its tight-pace advantage, and the median pulled back from $792,500 to $765,000. ZHVI is now -1.3% year-over-year, the weakest YoY reading in the dataset.

  3. Bothell crossed the 30-sale threshold for the first time this cycle (32 sales) and immediately showed the worst market temperature in the report

    buyer-market classification with 31-day DOM and volume down 26% YoY.

  4. Edmonds reversed sharply from July's standout

    DOM tripled from 8 to 25 days and above-list sales dropped from 28% to 19% — the August slowdown hit the prior month's tightest market hardest.

  5. Mortgage rates eased to 6.56% (4-month low), trimming the monthly payment on a $750K loan to roughly $4,770

    about $60 less than July. Meaningful? Yes. Enough to unlock stalled demand? Not yet, based on the volume data.

Mortgage Rates

Freddie Mac PMMS
30-Year Fixed
6.56%
15-Year Fixed
5.69%
12-Month Range
6.08% – 7.04%
+0.21% from a year ago

Rates are 0.21 points higher than a year ago. They peaked at 7.04% in January and bottomed at 6.08% in September. Purchasing power has tightened compared to a year ago.

Freddie Mac PMMS · as of August 28, 2025· Weekly data

Home Values

Zillow ZHVI

Zillow Home Value Index (ZHVI) estimates the value of a typical single-family home in each city — whether or not it sold. Based on the middle tier (33rd–67th percentile), excluding starter homes and luxury. Smoothed and updated monthly, not distorted by low sales volume.

Zillow Home Value Index by city — typical home value, year-over-year and month-over-month change, and 12-month trend
CityTypical Home ValueYoY
Mercer Island$2.37M+0.7%
Bellevue$1.71M+2.6%
Sammamish$1.67M+1.1%
Redmond$1.51M+1.6%
Newcastle$1.46M+1.8%
Kirkland$1.42M+1.0%
Woodinville$1.40M+1.1%
Issaquah$1.34M+0.8%
Bothell$1.10M+0.9%
Kenmore$1.09M+1.0%
Lake Forest Park$1.04M-0.6%
Brier$975K+0.9%
Edmonds$957K0%
Seattle$914K-1.5%
Shoreline$827K-1.6%
Lynnwood$799K-0.4%
Renton$783K-1.3%
Mountlake Terrace$708K-1.0%

12-Month Trends by Tier

Indexed to 100 at start — above 100 gained value, below 100 lost. Hover to highlight.

Premium

$1.5M+

Mid-Range

$1M–1.5M

Affordable

Under $1M

Market Activity

August 2025

Actual single-family home sales from Redfin Data Center. Cities with fewer than 30 sales are flagged — their medians can swing wildly.

Market activity by city — median sale price, year-over-year and month-over-month change, homes sold, inventory, months of supply, and days on market
CityMedianYoYSoldDOM
Brier*$1.08M-0.7%55 days — Fast
Lynnwood*$785K-3.4%245 days — Fast
Lake Forest Park*$1.10M-3.3%57 days — Fast
Mountlake Terrace*$775K+3.3%99 days — Fast
Bellevue$1.77M-3.3%9712 days — Fast
Issaquah*$1.64M+13.1%2412 days — Fast
Woodinville*$1.09M-22.1%1013 days — Moderate
Shoreline$922K+1.4%3613 days — Moderate
Kirkland$1.56M-0.2%6915 days — Moderate
Seattle$1.10M+8.3%44715 days — Moderate
Redmond$1.53M-7.0%3917 days — Moderate
Renton$765K-10.8%6420 days — Moderate
Mercer Island*$2.12M-26.4%1622 days — Slow
Kenmore*$1.20M+1.9%2522 days — Slow
Edmonds$1.15M+4.9%3125 days — Slow
Newcastle*$1.65M-15.1%1227 days — Slow
Bothell$1.23M-6.8%3231 days — Very slow
Sammamish$1.64M-8.9%6035 days — Very slow

* Fewer than 30 SFH sales — median unreliable (row muted). YoY = year-over-year median price. MoS = months of supply. Click headers to sort.

What does this mean for your home?

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Sources: Redfin Data Center, Zillow ZHVI, Freddie Mac PMMSCollected March 22, 2026Data gap: Insufficient SFH volume: Issaquah, Mercer Island, Woodinville, Newcastle, Lynnwood, Mountlake Terrace, Brier, Lake Forest Park, Kenmore