May 2025 Data

Published June 2025

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Summer in the Pacific Northwest is pure magic! It is also one of the best times to explore new neighborhoods, tour open houses, and make a move! With inventory on the rise, buyers have more choices than we have seen in recent years.

According to the NWMLS, there were 18,310 active listings in May 2025—a 42.6% increase compared to May 2024.

Despite this boost in inventory, closed sales declined slightly. There were 6,467 closed sales in May 2025 versus 6,689 in May 2024, marking a 3.32% decrease. The dip in activity reflects the affordability challenges many buyers face as interest rates keep many buyers on the sidelines.

These numbers show that we are moving toward a more balanced market: more choices, more motivated parties, and the potential for win-win outcomes.

If you are out and about this summer soaking up the sunshine, or taking advantage of the longer days and warmer weather - give us a call, and let’s find your perfect place!