What’s Happening

Market Update

Affordability and inventory remain challenges for the market

Traditionally a quiet month, February’s market activity reflected consumer sentiment in two important areas: affordability and available inventory.

Market Snapshot

Market Snapshot January 2025

There was a 44.6% increase in total number of properties listed for sale year-over-year, with 10,241 active listings on the market at the end of January 2025, compared to 7,084 at the end of January 2024.

Market Update

Market activity is increasing, but affordability remains questionable

Traditionally a quieter month in the winter season, January’s activity continued the year-over-year growth trends observed in market activity over the last twelve months.

Press Release

NWMLS Announces Officers for its Board of Directors

David Maider, designated broker of Windermere Real Estate M2 LLC in Everett, was elected as the 2025 chairperson of the board. He served as vice chairperson of the NWMLS board in 2024.

NWMLS In The News

2024 Housing Report Recaps King, Snohomish Counties’ Price Gains

NWMLS In The News

2024 Housing Report Recaps South Sound Counties’ Price Gains

Blog

Going Green in the Pacific Northwest

In 2024, Northwest MLS brokers sold more than 1,000 residential homes and condominiums that were “green certified.” What is “Green Certified”? Green certification is an endorsement given to homes that are built to meet specific environmental sustainability criteria, such as resource efficiency, energy conservation, and waste reduction. When listing or [..]

Press Release

NWMLS brokers log 67,788 sales during 2024

Transactions are valued at nearly $54 billion Northwest MLS, the source for the most current, accurate market listing data in Washington state, today released its Annual Report on sales and listing activity for 2024. The activity in the report reflects the work of its more than 32,000 brokers in over [..]

Market Snapshot

Market Snapshot December 2024

December 2024 Overview Interactive County Charts Visualize year-over-year real estate statistics for specific counties, such as active listings, new listings, pending sales, closed sales, and months of inventory. Access data for individual counties by using the drop-down filter menu. You may download and share or publish these charts and infographics [..]

Market Update

Mortgage rate increase throws curveball into market

Despite hopes among potential home buyers and sellers, as well as economists’ predictions, the Federal Reserve Bank’s three interest rate cuts in 2024 have not led to reduced mortgage rates or a significant boost in the housing market.