Weekly Washington Real Estate Market Update

The median sold price in King County has reached $875,000, according to Beyond Real Estate market data, reflecting a year-over-year increase of 1.7%. Statewide, the median sold price is $644,475, showing a modest decline of 0.7% compared to last year. With 22,164 active listings and a median of 14 days on the market, Washington remains a seller’s market.

Key Data Points

Washington state’s real estate market continues to show resilience despite broader national trends. Current inventory stands at 22,164 active listings, with 3.5 months of supply, indicating a competitive market. The sale-to-list price ratio is strong at 99.6%, underscoring the demand from buyers.

In King County, homes sell quickly with a median of 12 days on the market, and the sale-to-list ratio is a perfect 100%. Pierce County follows closely with a median sold price of $575,000, also seeing homes sell in 12 days.

Snohomish County, with a median sold price of $732,250, has seen a 6.1% year-over-year price decrease, though homes typically sell within 13 days. Spokane County presents a stark contrast with a median sold price of $347,500 and longer days on the market at 32 days, reflecting a decrease of 34.5% in median prices year-over-year.

Regional Differences

Western Washington, particularly King County, remains a hotbed of activity with low days on market and high sale-to-list ratios. Eastern Washington, especially Spokane County, experiences a softer market with higher inventory levels and longer days on market. This divergence highlights the varied economic drivers and housing demands across the state.

What This Means for Buyers and Sellers

For buyers, the current market conditions present both opportunities and challenges. While inventory levels have increased, leading to more options, the competition remains stiff in many areas. Buyers should be prepared to act swiftly and consider working with experienced agents to navigate offers.

Sellers continue to benefit from high demand and favorable sale-to-list ratios, particularly in King and Pierce counties. Pricing homes competitively within market expectations can result in quick sales and potentially multiple offers.

Outlook for the Coming Months

The Washington real estate market is expected to remain robust through the summer months. While national trends suggest a stabilization in home prices and inventory, local conditions in Washington, especially in Western regions, favor sellers. Buyers should watch for any shifts in mortgage rates, which could influence affordability and demand. Consulting with local professionals will be crucial as the market evolves.

Data Sources & Methodology

This report is based on Beyond Real Estate market data sourced from the Northwest Multiple Listing Service (NWMLS) as of June 10, 2026. National context and economic indicators were referenced from industry reports. The analysis focuses on recent trends in median prices, inventory, and days on market to provide insights tailored to Washington state real estate conditions.