The Seattle housing market saw one of the largest drops in year-over-year home sales in September, according to the RE/MAX National Housing Report.

During the month, 3,668 homes were sold in Seattle. That’s a 25.6% decrease from last September, when 4,927 properties sold. That makes Seattle the No. 4 city in the country when it comes to the biggest year-over-year sales decreases.

Sales weren’t the only thing to fall during September, though. Seattle also ranked No. 5 in the country for the largest year-over-year decrease in active inventory with 6,135 available properties compared to 8,387 a year ago. That’s a decrease of 26.9%.

Home prices, however, are stable in Seattle, with no change year over year. The median sale price was $679,975 in September.

“The best definition I have heard regarding the Seattle area market is that it lacks clarity,” commented Zach Hensrude, managing broker of RE/MAX Elite in Lynwood. “We have a marketplace that is still affected by low inventory … With transaction totals being down, we are still seeing multiple areas in our marketplace that have had positive gains year over year in median home price.

“That said, when dissecting the area into micro markets, homes in mid to low price points still sell quicker than the area average,” Hensrude continued. “I encourage folks to dive deeper than the surface number to find a clear picture of the marketplace.”