By the Numbers
Middle-income seniors stand to be affected most by projected shortages — those who don’t qualify for subsidized housing but can’t afford new construction.
NWMLS noted that the median home price reflects “a decade of sustained home value growth,” given the median of $310,000 in 2015.
These are the five most expensive homes sold in greater Seattle in 2025, as well as the brokers responsible for the transactions.
Affordability challenges continue to bedevil homebuyers, despite mortgage rates falling to a three-year low, the National Association of Home Builders reported.
Buyers for two of the 10 most expensive homes sold in the greater Seattle area in December will be neighbors on the same street in Medina.
Sales of existing homes jumped 5.1% month over month, topping analyst expectations.
The priciest new listing in Seattle is a $6.5 million, 3,000-square-foot penthouse at The Nexus.
Contract signings were up in all four U.S. regions.
There’s a tie on this month’s list of the most expensive homes sold in greater Seattle — two penthouses in Seattle’s Escala high rise.
The NAHB’s monthly survey found the nation’s homebuilders remain optimistic about home sales next year.
Geographically, trends varied widely, with formerly hot areas like Florida and the Southeast posting the deepest declines and formerly cool areas, like the Midwest, showing healthy gains.
Windermere agents are responsible for half of the 10 most expensive new listings in Seattle.
By region, sales rose in the Midwest, Northeast and South but fell in the West.
The typical asking rent for an average rental unit reached $2,224. Though that’s a 2.7% increase from last year, the median household income outpaced this acceleration, growing 3.9% during the same time frame.
The chief economist for the National Association of REALTORS® also predicts home prices will climb 4% compared to 2025.
A $25 million waterfront estate on Mercer Island was the most expensive home sold in greater Seattle in October.
