Key Local Market Trends & Overviews
For this half-yearly waterfront report, we analyzed Waterfront sales throughout the Puget Sound region, comparing Jan 1- June 30 for 2014, 2015, and 2016. The areas covered have been broken down into several regions: Northern Sound, North Seattle, Seattle, Seattle (Central), South Seattle, Eastside, Issaquah/Sammamish, Islands, and South Sound. Waterfront is defined as any homes residing next to: Bank, Bay, Bulkhead, Canal, Creek, Jetty, Lake, Ocean, River, Sound, Strait, or Tideland. We have included both single family residences and condominiums in our statistics.
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Whether you’re searching for the accessibility and convenience of a private dock for your boat, a shoreline to launch from on your kayak each morning, or golden sunset hues reflecting off the water right outside your door, Washington’s waterfront homes offer more than a property, they open the door to a whole new lifestyle.
Realogics Sotheby’s International Realty is proud to present the 2025 Waterfront Report, which guides you through the shifting tides of market trends within this desirable and niche segment of the Puget Sound region market as you search for your ideal waterfront property.
With year-over-year data across 12 counties and 16 of the region’s communities, the report dives into the data that highlights the unique qualities of the markets, from Seattle’s iconic floating homes to Mercer Island’s sprawling estates. Although the communities analyzed present variety, with a wide range in median sales prices and waterfront footage averages, one thing is certain: waterfront residences remain rare. In 2024, only 3.6% of single-family homes sold across the counties examined in the report were waterfront.
Realogics Sotheby’s International Realty brokers are equipped with the market expertise and resources to guide their buyers and sellers through their waterfront market moves. With a whole collection of considerations not present during a non-waterfront sale, like bulkhead, docks, banks, tidelands, and more, guiding clients through the purchase or sale of these properties requires intimate knowledge and proven results. Our advisors have the data-backed insights and experience to guide you to the state’s most coveted property lifestyle.
