April’s data reflects a market that continues to favor sellers, though some early signs of seasonal activity are emerging. New listings are ticking up, and pricing trends remain steady across the region. As we head deeper into the spring market, we’ll be watching closely for shifts in buyer behavior and inventory levels. Below are the latest numbers for Seattle and King, Snohomish and Pierce counties, or jump to the analysis for a closer look.
INTEREST RATE
In April, the average mortgage rate for a 30-year fixed rate loan was 6.86%.
(Source: Mortgage News Daily)
Jump to: Seattle | King County | Snohomish County | Pierce County | Analysis
Seattle
NEW LISTINGS
Listing activity continues to increase in Seattle. There were 1,651 new listings in April, a 17% increase over the previous month.
INVENTORY
While inventory is still limited, April marked the first time this year with at least three months of housing supply. There were 3.3 months of inventory last month.
MEDIAN SOLD PRICE
Seattle’s median sold price was $897,050 in April. This is a 5.1% increase over March.
MINIMUM SOLD:
SINGLE-FAMILY
A 2-bedroom, 1-bath home in the Westwood neighborhood sold for $475,000. There were no other single-family home sales under $500,000.
MINIMUM SOLD:
CONDO
A Queen Anne 1-bedroom, 1-bath co-op sold for the asking price of $229,950. While this is a 4.2% drop from March, co-op unit typically sell for less than traditional condos.
King County
NEW LISTINGS
There were 4,291 new listings in King County in April. This is a 17.7% increase over March.
INVENTORY
In April, there were 2.8 months of housing supply in King County. Inventory remains low, but it’s trending upward.
MEDIAN SOLD PRICE
The median sold price in King County in April was $900,000. This represents a 4.7% increase compared to March.
MINIMUM SOLD:
SINGLE-FAMILY
A 2-bedroom, 1-bath home in Tukwila sold for $365,000 in April. It was on the market for only five days.
MINIMUM SOLD:
CONDO
A 1-bedroom, 1-bath condo in Burien sold for just above asking price for $202,000. It spent three days on the market and was listed for $200,000.
Snohomish County
NEW LISTINGS
New listings in Snohomish County did not increase at nearly the same rate as Seattle, King County, or Pierce County. There were 1,337 new listings in April, only a 5.9% increase over March.
INVENTORY
Given the low amount of new listings in Snohomish County, it is unsurprising that housing supply remains low at 1.9 months. This is the only location in our breakdown that has less that two months of inventory.
MEDIAN SOLD PRICE
The median sold price in Snohomish County decreased month-over-month, but only by 1.3%. The median sold price in April was $730,000.
MINIMUM SOLD:
SINGLE-FAMILY
A 3-bedroom, 1-bath home in Darrington sold for $240,000 in April. The original asking price was $269,950.
MINIMUM SOLD:
CONDO
In Lynnwood, a 1-bedroom, 1-bath condo sold for $220,000. It was originally listed for $244,995.
Pierce County
NEW LISTINGS
There were 1,622 new listings in Pierce County in April, a 19.1% increase over March.
INVENTORY
Housing supply is increasing in Pierce County but remains low. In April, there were 2.6 months of inventory.
MEDIAN SOLD PRICE
The median sales price dipped in April compared to March, but not significantly. The median sales price was $539,500, a 1% decrease.
MINIMUM SOLD:
SINGLE-FAMILY
A 1-bedroom, 1.25-bath fixer-upper in McKenna sold for $190,000. The original asking price was $225,000.
MINIMUM SOLD:
CONDO
A 1-bedroom, 1-bath condo in Tacoma sold for $175,000. The original asking price was $190,000.
Analysis
Where the market stands
The spring market is gaining momentum, with new listings up across the region and inventory levels beginning to rise—especially in Seattle, which now has more than three months of housing supply for the first time this year. While this increase gives buyers slightly more to choose from, competition remains strong for well-presented homes. Price trends are mixed: Seattle and King County saw noticeable gains, while Snohomish and Pierce counties dipped slightly. These shifts reflect a market that’s still active, but not uniformly strong across all areas and price points.
What sellers need to know
Homes that are move-in ready and strategically priced are still commanding attention, especially in areas where prices are rising. The increase in listings means more competition for sellers, so focusing on preparation, presentation, pricing and promotion remains essential. Even though inventory is growing, we’re still in a seller’s market. But buyers remain cautious—they’ll pay for quality, but they’re less likely to overlook condition or overpay just to win.
What buyers need to know
The recent increase in listings may offer more choices, but buyers still need to act decisively, especially in areas like Seattle and King County where prices are climbing. Interest rates have remained fairly steady, and with more homes hitting the market, this could be a window of opportunity. Buyers who are well-prepared, fully pre-approved, and responsive to new listings will be best positioned to compete. Keep an eye on homes that sit for a couple of weeks, as they may offer more room to negotiate.