Seattle Housing in 2025: The Market Shift Everyone Felt
Seattle’s 2025 market wasn’t driven by any single force—it was the intersection of economic pressure, shifting buyer behavior, and a meaningful rise in available homes. Together, these factors reshaped pricing across the city and especially influenced how quickly (or slowly) homes moved. High mortgage rates were the biggest drag on momentum. Elevated borrowing costs kept many would‑be buyers on the sidelines, stretching affordability and creating a more cautious, wait‑and‑see mindset. With fewer buyers ready to jump, demand softened, and some neighborhoods felt real downward pressure on prices. At the same time, inventory climbed. More homes—both resales and new construction—hit the…