March Eastside Stats

Pricing is noisy — don’t let the headlines fool you. The market is more selective than ever, but homes are still selling. Sellers who price strategically and present well win. Buyers who show up with clarity and conviction find opportunity.

Median pricing is doing its usual thing: telling three different stories depending on which window you look through. Up 9% month-over-month, down 7% year-over-year — but that year-over-year figure compares against a month that was up 15% in 2025, so take it with a grain of salt. Zoom out to 2024 and we’re up 6.5%, which is probably the more honest read. For context, King County as a whole is up 2% year-over-year (after being essentially flat the year prior). The takeaway? Pricing is a genuinely difficult metric to measure — and anyone who tells you otherwise is oversimplifying.

On the inventory side, months of supply sits at 2.3 — technically a balanced market — but the direction of travel matters: more homes are being listed than purchased, so inventory is building.
That backdrop makes the buyer breakdown pretty telling. About 20% of homes sold with multiple offers at a median of 3% over asking. Another 18% sold at list. The remaining 62% sold below asking, and many needed a price reduction to get there. And yet — two-thirds of homes went under contract within 30 days. The sky is not falling. It’s just a market that has opinions.

So what does this all mean? Same as last month, honestly.
Sellers: Think price war and beauty competition. Price conservatively — if it’s truly too low, the market will pull it up. Present thoughtfully. The homes that are winning right now earned it.

Buyers: Clarity is your competitive advantage. Know your numbers, know your non-negotiables, and be ready to move when value shows up. In this market, indecision is more costly than patience.