Q4 2025 Bellevue & Eastside Luxury Market Report | Key Trends
Q4 2025 Bellevue & Eastside Luxury Market Report: Key Insights for 2026
Published February 4, 2026 | By Freddy Delgadillo, Realogics Sotheby's International Realty
The final quarter of 2025 revealed a Puget Sound luxury real estate market in strategic transition—where increased inventory met sustained buyer demand, creating balanced opportunities for both sellers and purchasers. Our comprehensive Q4 2025 Luxury Market Report analyzes data across Seattle, Bellevue, Mercer Island, Kirkland, and the greater Eastside, providing the insights you need to navigate 2026 with confidence.
Here's what the data reveals: Eastside inventory increased 28% year-over-year to 647 luxury listings, yet the market maintained seller favorability with just 2.3 months of supply. Median pricing stabilized at $1,455,000 (down 2.02% from 2024's surge), while mortgage rates dropped to 6.2% in December—the lowest level of 2025. This convergence of moderate inventory, stable pricing, and improving rates positions spring 2026 for renewed transaction velocity across premium neighborhoods from Medina to Sammamish.
Q4 2025 Market Highlights
2.3
Months of Inventory
Eastside luxury market remains seller-favorable despite 28% inventory increase
$1.455M
Eastside Median Price
Down 2.02% YoY—healthy correction positioning 2026 for sustainable growth
6.2%
Interest Rates (Dec 2025)
Lowest mortgage rates of 2025 create late-quarter buyer momentum
$612
Price Per Square Foot
Eastside avg. holds steady—quality construction commands premiums
Our detailed analysis covers 8 key markets—from Seattle's urban luxury condominiums averaging 63 days on market, to Mercer Island's ultra-competitive 1.6 months of inventory, to Bainbridge Island's ferry-accessible waterfront estates holding median prices at $1.287M. King County's $1.65M median demonstrates sustained demand from Microsoft and Amazon executive relocations, while Snohomish County's $875,000 median offers compelling value for buyers prioritizing space and natural beauty.
Whether you're positioning a luxury estate for spring 2026 sale or identifying your family's next waterfront home, this quarter's data provides the foundation for confident, informed decisions. The spring market begins earlier each year—savvy sellers are preparing now to capture buyers emerging from Q1 corporate bonus distributions and tax planning strategies.
Read the Complete Q4 2025 Market Report
Access detailed analysis for all 8 Puget Sound markets, downloadable PDF reports, and expert insights to guide your 2026 real estate strategy.
View Full Market Report →
About Freddy Delgadillo
With 25+ years of Eastside luxury expertise, Freddy Delgadillo (CLHMS®) has sold 240+ luxury homes across Bellevue, Mercer Island, Kirkland, and Seattle. As a Global Real Estate Advisor with Realogics Sotheby's International Realty, he provides bilingual services and data-driven strategies for discerning buyers and sellers.