Property listed by Matthew Paige & Danny Varona | 14433 Silven Ave NE, Bainbridge Island
Realogics Sotheby’s International Realty presents Market Trends From Around the Sound, the latest quarterly report examining all of the most relevant data from 13 of the Puget Sound region’s communities. Through year-over-year analysis of Q3, the report analyzes everything from median sales prices to the number of sales. The data paints a picture of where the market trends landed and how they differed from the same time last year.
Most communities saw a significant increase in the number of homes listed for sale, signifying a boost in seller activity. However, despite the rise in listings, all except two markets analyzed remained seller’s markets. Homes generally were on the market for a longer period of time compared to Q3-2024, indicating that buyers did not feel pressured to make quick decisions while searching for their ideal property.
Seattle | Single-Family Homes
For homebuyers searching for their ideal in-city residence, Seattle’s market awaits, and with even more homes for sale in Q3-2025 than there were in Q3-2024, the market was ideal for those who have been waiting for a boost in inventory.
Eastside | Single-Family Homes
As we examine the Eastside year-over-year changes, one of the most notable differences between Q3-2024 and Q3-2025 can be found in the number of homes for sale, which was up by 63.57% year-over-year from 711 to 1,163 homes.
Mercer Island | Single-Family Homes
With the highest median sales price ($2,413,000) of any of the communities analyzed in our reporting, Mercer Island’s luxury properties create a unique market, one with less inventory, higher sales prices, and less activity than more affordable areas.
Bainbridge Island | Single-Family Homes
During Q3-2025, buyers appeared even more motivated than the previous year to purchase single-family homes on the island, as evidenced by the 4.59% year-over-year increase in homes sold.
Seattle | Condominiums
The market’s popularity continued in Q3-2025, with a 9.63% year-over-year increase in homes sold. The number of homes for sale was also up year-over-year, increasing 14.16%.
Kitsap County (Excluding Bainbridge Island) | Single-Family Homes
In our examination of Kitsap County (which is analyzed separately in our reporting due to the market’s unique nature compared to the rest of the county), we observed generally more seller activity and less buyer activity.
King County | Single-Family Homes
There was more inventory to choose from in the county during Q3-2025, with a 26.49% year-over-year increase in homes for sale and 2.5 months of supply to explore.
Pierce County | Single-Family Homes
With the second-lowest median sales price of the single-family communities analyzed in our reporting (following Kitsap County with Bainbridge Island excluded), Pierce County opens the door to more buyers.