Is the Market Finally Balancing Out? What Buyers & Sellers Need to Know
For the past few years, sellers have had the upper hand in the housing market. With limited inventory and intense competition, buyers had to fight hard just to get an offer accepted. But now, things are shifting. Inventory is rising, and while we’re still technically in a seller’s market, buyers in certain areas are gaining more leverage than they’ve had in years.
So, what does this mean for you? Let’s break it down.
Where the Market Stands Now
Recent data shows that inventory levels have jumped significantly over the past year:
- February 2024 Inventory: 1.79 months
- February 2025 Inventory: 2.45 months (+36.8% YoY)
A balanced market is generally considered 4-6 months of inventory, so we’re not there yet. But this increase means homes are taking a little longer to sell, giving buyers more room to negotiate.
Regional Breakdown
Some areas are feeling the shift more than others:
- King County: 1.5 months (2024) → 2.1 months (2025)
- Pierce County: 1.6 months (2024) → 2.1 months (2025)
- Snohomish County: 0.9 months (2024) → 1.4 months (2025)
These numbers show that while sellers still have an advantage, the power dynamic is starting to level out in some areas.
What This Means for Buyers & Sellers
🔹 For Buyers:
With more homes to choose from and less competition, you have a better shot at finding the right home without overpaying. In some areas, sellers may even offer price reductions or concessions—something that was unheard of in the peak frenzy.
🔹 For Sellers:
Homes are still moving, but pricing strategically is more important than ever. Overpricing could leave a home sitting on the market longer than expected, while competitively priced homes still sell quickly.
Bottom Line
Yes, the market is shifting, but it’s not fully balanced yet. Whether you’re buying or selling, having the right strategy and expert guidance is key. If you want to know how these changes impact your real estate goals, let’s chat!
