Presenting Realogics Sotheby’s International Realty’s 2025 Waterfront Report
Welcome to a lifestyle shaped by access, scarcity, and stewardship: this is the waterfront.
Realogics Sotheby’s International Realty is proud to present our 2025 Waterfront Report, diving into the data, unique qualities, and rarity that make this niche market one of the most desirable in the country. In 2024, merely 3.6% of single-family homes sold were waterfront properties. That means, for those looking to purchase their own pristine piece of the shoreline, the opportunity was rare, and in many markets, the price was high. However, for those interested in the waterfront dream, whether it’s to take advantage of the bounty of seafood in our region’s waters, park a boat at their private dock, or end each day with an unreal sunset reflecting off the waves right outside their door, the dream is worth the search.
Our annual report covers 16 distinct communities and compares the year-over-year data on everything from the median sales price to the average days on market to the number of closed sales. Additionally, the report provides insight into some of the region’s top waterfront locales, from Lake Union to the San Juan Islands, highlighting the market’s diversity.
As our report indicates, the price range of the communities analyzed offers enough variation to open the door to ownership to a wide pool of motivated buyers. With the highest median sales price in Mercer Island at $8,112,500 and the lowest in Port Angeles and Sequim at $937,000, the market has range–and in more ways than just pricing. From iconic floating homes in Seattle to sprawling lakefront estates in Four Points to charming cabins on Bainbridge Island, there’s every style for every lifestyle. Just add water.
Discover your own precious piece of shoreline with RSIR’s exclusive portfolio of waterfront listings here →
Explore the full report Waterfront Report and reach out to a trusted RSIR advisor if you’d like to discuss the findings or begin your own waterfront home search.