The Brief

The number of active listings across NWMLS counties jumped 27% year-over-year to 18,791, giving buyers significantly more options.

The 30-year fixed mortgage rate trended lower, ending October at 6.17%, the lowest level seen since early October 2024.

The median sales price fell 1.5% year-over-year to $640,000, while the number of closed sales dropped 4% as affordability challenges continued to constrain transactions.

SEATTLE - A surge in active listings and a slight dip in mortgage interest rates provided a welcome measure of relief for prospective Seattle home buyers in October, according to a report released Wednesday by the Northwest Multiple Listing Service.

The October 2025 Market Snapshot showed that the number of properties listed for sale across NWMLS countie

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