Southwest Washington Market Update – June, 2025
SW Washington Market Update – June, 2025
New listings (907) increased 8.5% from the 836 listed in June 2024, and decreased 8.0% from the 986 listed in May 2025. Pending sales (658) increased 0.9% from the 652 offers accepted in June 2024, and increased 6.8% from the 616 offers accepted in May 2025. Closed sales (579) increased 4.7% from the 553 closings in June 2024, and increased 8.4% from the 534 closings in May 2025.
Inventory decreased to 3.3 months in June. That means if no new homes were to come onto the market, that it would take 3.3 months to sell at the rate at which they are selling. Total market time decreased to 49 days.
Comparing the first six months of 2025 to the same period in 2024, new listings (4,698) increased 3.0%, pending sales (3,317) decreased 2.8%, and closed sales (3,025) increased 2.6%.
Comparing 2025 to 2024 through June, the average sale price has increased 4.4% from $595,700 to $622,200.
If you or someone you know is considering a move or would like specific insights about your local neighborhood market, feel free to reach out anytime. We’re here to help you and your loved ones plan your next steps and navigate real estate with confidence!
From the humblest homes to the finest estates, we would be honored to assist you with your next purchase or sale.
