According to one report from January 2025, this is just the way it is around Seattle:

According to the latest data from Zillow, the median home value in Seattle is currently $850,864, which is 3.7% higher than January 2024. And for the Seattle-Tacoma-Bellevue metropolitan area, the median home price was around $735,683 in January 2025. Their estimate was 4.9% higher than a year earlier.