Hey there—December’s here, and the Seattle market is closing out the year with clearer lines and calmer expectations.

Inventory continued to build through November, with active listings up 32% year-over-year and months of supply reaching 2.5—giving buyers more choice than they’ve had in quite some time. Prices, however, are holding steady. The median closed price landed at $973,500, essentially flat year-over-year, signaling a market that’s stabilizing rather than slipping.

Demand softened seasonally, but the market’s character is clear: well-priced, well-presented homes are still moving, while others are needing adjustments to meet reality. With rates improved compared to last year and competition thinning during the holidays, this is a moment that rewards strategy over urgency.

Wishing you a warm, memorable holiday season with friends and loved ones—and a confident start to the year ahead.

— Erik

Jeff Tucker shares his 2026 housing and economic predictions. From a modest pickup in existing home sales and inventory returning to pre-pandemic levels, to roughly flat home prices and slightly lower mortgage rates (likely staying under 6.25% most of the year), here are the key takeaways to help you plan for the year ahead.

Download printable PDF.

Click to view YouTube video & full Market Update

Leverage up, confidence down.

We’re seeing a noticeable shift in the Seattle market: buyers have a bit more breathing room—more choices, more time to evaluate, and more opportunities to negotiate than we’ve seen in a while. At the same time, uncertainty around rates and the economy is keeping some shoppers cautious. KUOW breaks down what’s driving that push-pull, and what it could mean if you’re considering a move this season.

Click to view and listen at kuow.org

How to Help Those Affected by the Floods in Washington
The Windermere Foundation, in partnership with the American Red Cross Northwest Region, is raising money to help those affected by the recent flooding in Washington State. Click through this post to make a donation.

Click to donate!

CONGRATULATIONS JOE!

Celebrating Leadership & Community: Joe Easterday Honored with the 2025 Seattle King County REALTOR^® Good Neighbor Award

At Windermere Mount Baker, we believe that success in real estate is measured not only in transactions—but in the impact we make in people’s lives and in our communities. That’s why we are proud to highlight and celebrate Joe Easterday, our Owner and Designated Broker, for receiving the 2025 REALTOR^® Good Neighbor Award through Seattle King County REALTORS^®.

Join us in celebrating Joe’s award—and, more importantly, the spirit behind it.

Click to view the full story!

The Seattle Center Monorail was built for the 1962 World’s Fair, and it still zips people between Westlake and Seattle Center in under two minutes.