A new year always brings a sense of fresh beginnings—new goals, new perspectives and a chance to reset. We welcomed 2026 doing exactly that, ringing in the New Year on Whidbey Island with family, sparklers in hand, and a little coastal tradition that’s become one of our favorite ways to pause, reflect and recharge before diving into what’s ahead. It was the perfect reminder of how important home, community and balance really are, which is one of my new year goals to focus more on.
On the real estate front, the year is already off to an encouraging start. Buyer activity has picked up, interest rates have come down compared to last year, and we’ve seen strong momentum carry over from the end of 2025. We launched our first listing of the year to great interest and multiple offers, welcomed a couple of new buyers into the fold, and recently helped two clients successfully close on long-awaited new construction homes—one of which required navigating a sale contingency that ultimately lined up perfectly (nail-biting included!) for a same-day close.
As we step into 2026, here’s a quick look back at how the local housing market performed in King and Snohomish Counties, both for the full year of 2025 and in a December year-over-year comparison.
As always, if you’re thinking about a move this year, have questions about your home’s value, or simply want to chat through the market, don’t hesitate to reach out. I’m happy to be a resource and am just a call, text or email away whenever you need real estate support. -Phillip
2025 Market Recap & December Year-Over-Year Snapshot
King County
Single-Family Homes
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2025 median price: $975,000 (up ~2% from 2024)
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December 2025 median: $910,000
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December YoY: +4.0% vs December 2024
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Inventory increased significantly year-over-year, giving buyers more choice, while prices remained resilient.
Condos
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2025 median price: $564,300 (up ~2.6% from 2024)
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December 2025 median: $537,500
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December YoY: −3.2% vs December 2024
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Condo pricing softened slightly at year-end, while days on market increased, signaling a more balanced environment.
Snohomish County
Single-Family Homes
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2025 median price: $775,000 (slightly down ~0.6% from 2024)
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December 2025 median: $750,000
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December YoY: −4.9% vs December 2024
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Sales activity held steady, with inventory growth giving buyers more leverage late in the year.
Condos
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2025 median price: $505,000 (down ~3.8% from 2024)
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December 2025 median: $495,000
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December YoY: −5.6% vs December 2024
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Condo demand slowed compared to 2024, paired with higher months of supply and longer market times.
Deep Dive into Seattle:
Michou Deli
If you’ve ever wandered through the vibrant corridors of Seattle’s iconic and historic Pike Place Market, you already know it’s more than just a place to grab groceries or flowers. It’s a sensory experience that’s bustling, aromatic, and full of character. Tucked among the shops and craft vendors, one particular spot quietly steals the show: Michou Deli. While Seattle is famous for its coffee and seafood, Michou Deli has carved out a name for itself by doing something refreshingly simple: making fantastic food fast, and doing it really, really well.
Whether you’re a local looking for a solid lunch or a traveler craving something memorable without sitting down for a full-service meal, Michou delivers. With bold flavors…
On a Personal Note:
January kicked off with a fresh start—ringing in the New Year with a cold-water swim on Whidbey Island, followed by my 45th birthday celebration. Spending the New Year in our happy place has become a cherished tradition, celebrating both East Coast and West Coast time zones before diving into the new year (literally). It’s the perfect way to recharge, reset, and feel energized for what’s ahead. Ready for a superb year!
January Home Tips
Don't hesitate to reach out if you'd like any service provider recommendations and for a complete home maintenance checklist.
Thank You for Your
Recent Review!
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“I couldn't say enough good things about Phillip and his team. Phillip went beyond and above to make the process smooth for me. He was always very responsive to questions and concerns I had. He was knowledgeable about the geographic area and had a good working relationship with other brokers. I also must compliment Shane on his knowledge and ability to select the perfect materials and colors for updates, and for scheduling contractors in a timely fashion. I think you will find working with Phillip and his team a rewarding experience.”
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Lucy C.
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Market Stats
(Median Sales Price - Live Data)
King County
Residential or Condo
Snohomish County
Residential or Condo
