Seattle Peak-Buyers Face Losses as Market Cools and Inventory Rises

Seattle-area buyers who purchased near the market peak are increasingly selling at a loss as listings rise and prices soften. ATTOM data show about 5% of Seattle-area single-family homes sold for less than purchase price in 2025 (roughly 10% for condos/townhomes), while some recent buyers like a Fremont townhouse bought for $945,000 in 2025 have had to cut prices to move. Northwest MLS data in August show King County with about 7,703 active listings, fewer closed sales, and a median price dip from $875,000 to $845,000, with around 4.3 months of inventory. Despite losses for some, the broader market remains volatile, as the typical Seattle-area home sold in Q1 2026 for about $284,450 above its prior purchase, suggesting buyers may gain leverage but sellers under financial pressure may not be able to wait out the market.