By RSIR Staff | March 12, 2025
As the real estate market continues to evolve, staying informed is key to making confident, strategic decisions. The 2025 Market Report, presented by Realogics Sotheby’s International Realty, delivers expert analysis on economic trends, housing forecasts, policy shifts, and market insights shaping the year ahead.
This comprehensive report is designed to empower buyers, sellers, and investors with thought-provoking insights that drive conversations and support informed decisions.
Read the Full Report →
What’s Inside the 2025 Market Report?
By the Numbers
The Puget Sound housing market rebounded in 2024, with home prices rising 9% in King County. Looking ahead, home sales are projected to increase by 10% in 2025, with prices forecasted to rise by 15% over the next two years.
Industry Pulse
Mortgage rates remain a critical factor in today’s market. Forecasts predict stabilization near 6% by year-end, but with 79% of Washington homeowners “locked in” at rates below 5%, new inventory remains constrained.
House Bill 1110
Legislative changes are shaping the future of housing. New zoning laws are expanding middle housing options, increasing opportunities for development in traditionally single-family neighborhoods and changing the landscape of communities across Washington.
Looking Ahead
The $90 trillion Great Wealth Transfer is in motion, shifting homeownership trends. Many parents are gifting down payments, co-signing loans, and strategically financing purchases to help the next generation enter the housing market.
Community & County Comparisons
This report features detailed year-over-year comparisons of median prices, closed sales, and price-per-square-foot across key counties and communities in Washington, helping you analyze market trends at a hyper-local level.
The Luxury & New Development Market
Downtown Seattle is seeing renewed demand, with buyers returning to the urban core. However, no new high-rise condominium developments have broken ground in five years, tightening future supply and increasing long-term demand.
For inquiries or to stay informed on future market updates, email us at AtYourService@rsir.com.
At Realogics Sotheby’s International Realty, we remain committed to keeping our clients and peers informed with data-driven insights and expert analysis. Explore the full report and stay ahead of the trends shaping real estate in 2025.