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Seattle Home Prices Surge Amid Increased Inventory

7/26/2025

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Story summary
  • Seattle's median home price rose to $766,725 in June 2025, ranking third nationally.
  • King County's median price increased to $1,034,000, reflecting a $79,000 rise from the previous year.
  • The housing market offers 10,700 homes, a 50% increase compared to June 2024.
  • Buyers can negotiate favorable terms due to extended listing times and reduced competition.
  • With interest rates likely to remain high, buyers should prioritize affordability and long-term strategies.