April real estate report
In April 2025, the Shoreline real estate market recorded a 19% increase in home sales compared to the previous year, marking a resurgence in buyer activity. The median home price held steady at about $903,000, with a modest 1. 7% rise in the average price per square foot. Despite this positive trend, homes faced longer selling times, with the average days on market increasing by 37% from April 2024. Month-over-month comparisons show total sales remained flat, with median prices dropping from $960,000 in March.
Year-to-date figures indicate a 10% decline in closed sales, yet the median home price has risen by 3. 3% and the average price per square foot increased by 4. 7%. The overall market remains slightly behind last year's pace, but homes have sold faster in 2025, with average days on market improving from 38 days in 2024 to 34 days this year. These trends suggest that while buyer demand is recovering, market conditions are evolving with increased caution.
Lella Norberg of Shoreline Windermere emphasizes that the spring market has shown renewed vigor despite a slow start to the year.