Published on: October 6, 2025 Northwest Multiple Listing Service (NWMLS), the source for the most current, accurate market listing data in Washington state, today released its September 2025 Market Snapshot. Market Recap Inventory is climbing, giving buyers more options, while home prices are showing signs of moderation after years of rapid growth. The median sales price […]
Dog days of August cool sales but expand opportunities for buyers
Published on: September 4, 2025 Northwest Multiple Listing Service (NWMLS), the source for the most current, accurate market listing data in Washington state, today released its Market Snapshot for August 2025. Market Recap In August, both active listings and home sales declined compared to July—by 2.7% and 7.7%, respectively—across the 27 counties in the NWMLS coverage […]
Early Spring Shows Initial Signs of Market Warm Up
Published on: April 3, 2025 Northwest MLS, the source for the most current, accurate market listing data in Washington state, today released its Market Snapshot for the month of March 2025. Market Recap March’s market activity showed some expected seasonal growth as we move into spring, but an imbalance still lingers between buyers and sellers. 30-year […]
Market activity is increasing, but affordability remains questionable
Published on: February 5, 2025 Northwest MLS, the source for the most current, accurate market listing data in Washington state, today released its Market Snapshot for the month of January 2025. Market Recap Traditionally a quieter month in the winter season, January’s activity continued the year-over-year growth trends observed in market activity over the last twelve […]
December Recap and a Rise in Interest Rates
Published on: January 6, 2025 Northwest MLS, the source for the most current, accurate market listing data in Washington state, today released its Market Snapshot for the month of December 2024. Market Recap Despite hopes among potential home buyers and sellers, as well as economists’ predictions, the Federal Reserve Bank’s three interest rate cuts in 2024 […]
Will Increases in Inventory and Lower Mortgage Rates Ease Affordability?
Published on: September 5, 2024 Northwest MLS, the source for the most current, accurate market listing data in Washington state, today released its Market Snapshot for the month of August 2024. Market Recap Mortgage rates are at their lowest level since March 2023 (6.35% for a 30-year fixed rate mortgage as of August 29th), and August […]
High Interest Rates Still a Problem, but Markets Are Improving
Published on: August 5, 2024 Northwest MLS, the source for the most current, accurate market listing data in Washington state, today released its Market Snapshot for the month of July 2024. Market Recap High mortgage interest rates continue to be a drag on home sales, discouraging both potential buyers facing high-rate mortgages and would-be sellers wanting […]
Increased inventory leads the way to market stabilization
Published on: July 3, 2024 Northwest MLS, the source for the most current, accurate market listing data in Washington state, today released its Market Snapshot for the month of June 2024. Market Recap Washington counties covered by NWMLS continue to follow seasonal trends with respect to inventory levels yet divert from typical patterns with regard to […]
Monthly Market Update: While interest rates remain high, an increase in inventory and closed sales transactions signal that buyers and sellers are adjusting
Published on: June 5, 2024 Northwest MLS, the source for the most current, accurate market listing data in Washington state, today released its Market Snapshot for the month of May 2024. Market Recap The real estate market has continued to pick up in accordance with typical seasonal patterns, with further increases in activity expected as we […]
Monthly Market Update: Market activity increases despite “constrained” mortgage rate impacts
Published on: May 6, 2024 Northwest MLS, the source for the most current, accurate market listing data in Washington state, today released its Market Snapshot for the month of April 2024. Market Recap The real estate market has begun to pick up consistent with typical seasonal patterns, with further increases in activity expected over the next […]