Fall 2025 Seattle Real Estate Market Update

By Matt Stark

Matt Stark is a top 1% REALTOR® in Seattle with over 19 years of experience. A Seattle native, he began his career in 1999 as an investor before transitioning to full-time real estate.

Fall has arrived, and with it comes renewed movement in the real estate market. Many people assume the season slows down after summer, but this year’s story is different. Over the past 60 days, mortgage rates have dropped more than half a percent, a shift that’s already sparking more buyer activity and opening opportunities for both sides of the market.

If you’re thinking about buying or selling a home this fall, here’s everything you need to know:

Interest rates are creating new momentum. Lower rates make a significant difference in affordability, especially for buyers who were previously priced out of the market earlier this year. As rates have eased, we’ve started to see an increase in showings and offers, along with a stronger sense of confidence from buyers who want to lock in before any future changes. Sellers are also noticing this pickup, particularly those with well-priced, move-in-ready homes.

Inventory remains strong. There are currently over 1,600 homes on the market, many of which remain available due to pricing or presentation issues rather than a lack of demand. That creates real opportunity. Buyers have more choices, and sellers who make smart adjustments, whether in pricing or marketing, can stand out quickly in a busy fall market.

Prices are holding steady. Despite earlier price reductions this year, overall prices remain stable. From January to September, the average sale price has increased by approximately 3.2% compared to the same period in the previous year. That consistency demonstrates the market’s resilience, even in shifting conditions.

What to expect heading into the holidays. As we approach the holidays, both buyers and sellers are becoming increasingly motivated to close before the end of the year. Sellers who make one final price adjustment in early October often see renewed attention from buyers eager to move before Christmas. Meanwhile, buyers who act now may find better deals and less competition than they would in the spring.

The next few months could be an ideal time to make your move, whether that means listing your home or finding the right one to buy. If you’d like to talk about your options, reach out anytime at 206-940-4557, email matt@mattstarkrealestate.com, or visit searchhomesnw.com. The market is shifting in your favor, and taking action this fall could set you up for a strong start to the new year.