market shift — Blog | Team Skally Real Estate — TEAM SKALLY

Uncertainty Creates Fear, Fear Creates Opportunity!

Our 2025 market predictions are playing out mostly as we expected. The seasonal wave repeated the trend of previous years, with the median sold price on the Eastside rising monthly from December through March. In March, the median sold price on the Eastside was $1.71M, nearly an 11% increase from December of 2024.

Home Buyer, Home SellerTeam SkallyApril 12, 2025real estate market update, market update, housing market, eastside market, seattle market, market shift, spring market, love where you live, best places to live

Team Skally | Market Update

While listings increased 17% over last year, persistent demand outpaced inventory. There was just 1.1 months of inventory on average throughout 2024, down 14% versus last year. The lack of inventory and moderating interest rates led to the median sold price on the Eastside being up to $1.59M or +12% vs. last year.

Home Seller, Home BuyerTeam SkallyDecember 16, 2024real estate market update, market shift, market update, eastside market, moving to seattle, team skally advantage

November 2022 Market Update for Seattle's Eastside

The traditional seasonal cooling is reflected in the median sold price on the Eastside dropping nearly 3% month over month. The longer view demonstrates that Homes are still selling for way more than they were two years ago, 24% to be exact!