August 2025 closed with 35 home sales, up from 31 in July but down 31% year-over-year compared to 51 sales in August 2024. This continues the theme of 2025: a slower pace of transactions compared to last year, even though month-over-month activity ticked up slightly.
Median Price
The median price rose to $890,000 in August from $830,000 in July, but is still 2.2% below August 2024’s $910,000. This reflects a rebound from July’s softer pricing, but on a yearly basis, values remain modestly lower.
Price per Square Foot
The average price per square foot fell to $512, down sharply from $542 in July and slightly below $515 in August 2024 (a 0.6% YoY decrease). This suggests that while the median price improved month over month, buyers may be purchasing larger homes or negotiating more value per square foot.
Days on Market
Homes are taking longer to sell. In August 2025, the average days on market increased to 26, up from 21 in July and 63% higher than the 16-day average in August 2024. This indicates a shift toward more measured buyer decision-making.
Sold-to-List Price Ratio
Homes are still selling close to asking, but the gap compared to 2024 has widened:
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2025 YTD ratio: 99.94%
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2024 ratio: 102.11%
This confirms bidding intensity has eased, and buyers now have slightly more negotiating room.
Summary
August 2025 shows a market that is slower and more value-driven than last year. Sales remain well below 2024 levels, homes are taking longer to sell, and buyers are paying slightly less relative to list prices than before. While median prices rebounded strongly from July, the decrease in price per square foot and list-to-sale ratios reflects affordability pressures, higher interest rates, and economic uncertainty weighing on buyer urgency.
The Shoreline market is still active and homes are selling at near-list prices, but sellers are no longer seeing the same level of competition as in 2024 and need to price strategically to secure offers in a more deliberate market.
July 2025 Market Overview: Slower Pace, Softer Pricing, and Growing Buyer Leverage
Sales Volume
July 2025 saw a steep drop in activity, with just 31 homes sold, down from 45 in June and a 36.7% decrease year-over-year compared to 49 sales in July 2024.
Year-to-date, total sales stand at 235, a 14.5% decline from 275 sales during the same period in 2024. This slowdown in buyer activity is influenced by a combination of affordability concerns, elevated interest rates, and an uncertain economic outlook, all of which have caused many buyers to proceed more cautiously or delay purchasing decisions.
As of July 31, 2025, there were 36 active listings in Shoreline — a relatively low inventory level that may be limiting options for motivated buyers and contributing to reduced sales despite some underlying demand.
Median Price
The median sale price in July dropped to $830,000, down from $880,000 in June, and 1.2% below July 2024’s $840,000.
Still, the year-to-date median price holds steady at $850,000, nearly matching $849,850 in 2024, indicating that overall home values have remained resilient despite month-to-month fluctuations.
Price per Square Foot
The average price per square foot rose to $542 in July, up from $505 in June, but still down 4.7% from $569 in July 2024.
Year-to-date, price per square foot is $536, an improvement over $524 in 2024, suggesting that buyers are still willing to pay for quality and location, even as broader affordability pressures weigh on the market.
Days on Market
Homes took an average of 21 days to sell in July, up slightly from 18 in June and just above 20 in July 2024.
Year-to-date, homes are taking an average of 25 days to sell, compared to 26 days in 2024, showing a consistent pace overall, though the longer July timeline reflects slightly slower buyer decision-making.
List-to-Sale Price Ratio
Buyers are gaining more negotiating power.
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In July 2025, homes sold at 100.69% of list price, compared to 101.01% in July 2024.
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Year-to-date, the ratio is 102.45%, down slightly from 103.06% in 2024.
While sellers are still generally achieving full asking price, bidding wars are less frequent, and buyers are negotiating with more confidence.
Summary
The Shoreline market cooled in July, with sales volume down significantly, prices softening, and buyer urgency slowing. While year-to-date pricing remains stable, the shift in sales activity and list-to-sale ratios reflects growing buyer caution.
A combination of high interest rates, affordability challenges, and broader economic uncertainty is dampening demand. At the same time, limited inventory — with just 36 active listings at the end of July — continues to constrain the market.
As we head into late summer, sellers should focus on accurate pricing and strong presentation, while buyers may find more negotiating room in a market that is clearly tilting toward balance.
Total sales dropped to 35 homes sold, a 27% decrease year-over-year (from 48 in May 2024) and a noticeable decline from April’s 44 sales. Despite a strong April, May showed signs of cooling in buyer activity. On a year-to-date basis, sales reached 158, which is still down from 186 at this point in 2024, reinforcing the narrative of a softer start to 2025.
The median sale price in May fell sharply to $785,000, a 13% YoY decrease and a significant dip from $903,000 in April. This suggests that more modestly priced homes made up a larger share of May’s sales or that buyers are responding to affordability concerns. However, the YTD median price remains ahead of 2024 at $850,000 vs. $845,000, indicating stronger pricing earlier in the year has helped buoy the overall average.
Interestingly, average price per square foot surged to $595, up 11.4% from May 2024 ($534) and well above last month’s $535. This suggests buyers may be paying more per square foot for smaller or more updated homes, even while overall median prices dropped—often a signal of changing buyer priorities or a shift in product mix.
Homes in May sold much faster, averaging just 8 days on the market, which is a dramatic improvement from 37 days in April and even faster than May 2024’s 10-day average. Year-to-date, the average is 28 days, down from 38 days in 2024, reflecting improved buyer urgency in the spring months despite lower sales volume.
As seen in Shoreline Area News: https://www.shorelineareanews.com/2025/06/shoreline-real-estate-market-may-2025.html
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Shoreline Real Estate Market Report – APRIL 2025
The Shoreline real estate market showed signs of renewed activity this month as we enter the spring selling season. In April 2025, total home sales rose by 19% year-over-year, indicating a rebound in buyer demand after a slower start to the year. Prices remained stable, with the median home price holding virtually flat at around $903,000, and the average price per square foot nudging up 1.7% from the previous year.
However, homes took longer to sell in April 2025, with average days on market increasing by 37% compared to April 2024—suggesting that while demand has improved, buyers may be more cautious.
Compared to last month (March 2025), activity remained essentially flat in terms of total sales (44 vs. 43). The median price dropped slightly from $960,000 to $903,000, possibly reflecting a shift in the mix of homes sold or some softening in buyer competition. The average price per square foot also dipped from $558 to $535, aligning with the median price movement. Meanwhile, the average days on market increased notably, from 27 in March to 37 in April, which could reflect seasonal factors like increase in inventory.
As seen in Shoreline Area News: https://www.shorelineareanews.com/2025/05/april-real-estate-report.html
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Shoreline Real Estate Market Report – MARCH 2025
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Sales: Flat – 43 sales vs 44 in 2024
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Median Price: Up 18% – $960,000 vs $812,886
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Avg. $/Sq Ft: Up 12% – $558 vs $498
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Days on Market: Up 37% – 27 days vs 19 daysWhile the number of homes sold held steady compared to last year, prices surged significantly. The 18% rise in median price and 12% increase in price per square foot reflect strong buyer demand. However, the longer time on market (up 37%) suggests that buyers may be more selective or cautious amid higher prices — a sign of a shifting dynamic where pricing strategy and presentation matter more than ever.
As seen in Shoreline Area News: https://www.shorelineareanews.com/2025/04/march-real-estate-statistics.html
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Shoreline Real Estate Market Report – FEBRUARY 2025
The real estate market data reveals a decline in key metrics year over year (YoY):
Total Sales Decline: Sales have decreased by 23% YoY, from 26 transactions in 2024 to 20 in 2025. However, there is an increase compared to last month’s 15 sales.
Several factors may be influencing the number of sales:
- High Interest Rates: The increase in interest rates has made housing less affordable, resulting in fewer buyers entering the market.
- Economic Uncertainty: Concerns about job stability, inflation, and other economic factors are reducing buyer confidence.
- Typical Seasonal Fluctuations: Sales often slow during winter before increasing in the peak spring buying season.
Median Price Decrease: The median price has declined by 6.7% YoY, from $830,150 in 2024 to $774,500 in 2025. This represents a further decrease from last month’s $799,000.
Price Per Square Foot Slightly Down: The average price per square foot has decreased by 1.2% YoY, from $505 in 2024 to $499 in 2025. Nevertheless, it remains higher than last month’s $474.
Days on Market Improved: Homes are selling faster, with the average days on the market down by 43% YoY, from 51 days in 2024 to 29 days in 2025. This also marks an improvement from last month’s 48 days.
As seen in Shoreline Area News: https://www.shorelineareanews.com/2025/03/february-2025-shoreline-real-estate.html
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Shoreline Real Estate Market Report – JANUARY 2025
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Sales Volume Decline – The total number of sales dropped 40% year over year (YoY), from 25 sales in January 2024 to just 15 in January 2025. Additionally, sales fell sharply from 44 transactions last month, suggesting a seasonal slowdown.
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Median Price Drop – The median sale price fell by 7.6% YoY, from $865,000 in 2024 to $799,000 in 2025. This also represents a decline from last month’s $844,367, indicating downward price pressure.
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Price per Square Foot Decrease – The average price per square foot declined by 3.5% YoY, from $491 in 2024 to $474 in 2025. This suggests buyers negotiating better deals during our seasonally slow market.
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Days on Market Improving – The average time to sell a home decreased by 23% YoY, from 62 days in 2024 to 48 days in 2025. While homes are selling faster compared to last year, the increase in days on market from last month suggests shifting demand dynamics, possibly due to affordability constraints or a changing buyer mindset.
As seen in Shoreline Area News: https://www.shorelineareanews.com/2025/02/january-2025-shoreline-real-estate.html
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Shoreline Real Estate Market Report – NOVEMBER
Closed sales increased significantly from 29 in November 2023 to 40 in November 2024 but were down substantially from 57 sales last month.
The Median Price was higher in October 2024 ($816,000) and dropped to $780,000 in November 2024. Compared to November 2023 ($799,950), there is a year-over-year decline in median price.
The market slowed down significantly in November 2024, with properties taking longer to sell (43 days) than last month (27 days), in line with our typical seasonal variations.
Price per Square Foot rose significantly from $446 in November 2023 to $514 in October 2024, before slightly dropping to $479 in November 2024. This still reflects a substantial year-over-year increase in value.
Market Dynamics: November 2024 showed a cooling off compared to October but was still more active compared to November 2023.
Pricing Trends: Despite fluctuations in sales volume, the price per square foot has been on a general upward trend from November 2023 to November 2024, indicating a steady appreciation in property values. Hopefully, these insights can help in understanding market trends and making informed real estate decisions.
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Shoreline Real Estate Market Report – OCTOBER.
The October 2024 Shoreline real estate market shows significant changes compared to October 2023:
- Total Sales: Increased by 68%, with 57 homes sold in 2024, up from 34 in 2023.
- Median Price: Decreased by 4%, dropping from $848,000 in 2023 to $816,000 in 2024.
- Average Price per Square Foot: Rose by 10%, reaching $514 in 2024 compared to $469 in 2023.
- Average Days on Market: Reduced by 18%, with homes staying on the market for 27 days in 2024 versus 33 days in 2023.
These trends indicate a more active market with higher sales volume and faster turnover, despite a slight decrease in median home prices.
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Shoreline Real Estate Market Report – September.
The Shoreline real estate market continues to show strong growth. Compared to 2023, the median price has risen by 8%, signaling a healthy appreciation in home values. Total sales have increased by 14%, reflecting an uptick in buyer activity. Additionally, the average price per square foot has climbed by 9%, further indicating demand for homes in the area.
One of the most telling indicators of a competitive market is the average days on market, which has decreased by 7%, suggesting that homes are selling faster. With these trends, Shoreline remains a dynamic and sought-after market for both buyers and sellers.
Shoreline Real Estate Market Trends
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