09/10/2025
📉 Eastside Market Update
Since peaking in March 2025 at $1,710,000, the median closed sale price on the Eastside has declined 9.4%—about 2% per month—landing at $1,549,000 in August.
So, what should sellers do?
✔️ If you need to sell now, pricing must reflect current conditions to stay competitive.
✔️ If you want to sell but don’t have to, you can either hold firm and risk further declines or step out of the market until early 2026 when activity typically picks back up.
Time on market matters: the longer a home sits, the more value erodes. In today’s environment, pricing within 3% of where buyers are willing to act is critical.
The hard truth: success isn’t measured against a Zestimate or a neighbor’s March sale. Overpricing leads to delays, added costs, and weaker outcomes. The right broker can help navigate these dynamics and guide you toward the best results.
