As of May 13, 2026, the median sold price in King County is $850,000, a slight decrease of 5.9% year-over-year, indicating a cooling trend in this bustling market, according to Beyond Real Estate market data. Statewide, the median sold price stands at $640,000, reflecting broader stability across Washington. Active residential inventory across the state has reached 19,211 listings, with a current median days on market of 15, signaling a robust sellers’ market with a sale-to-list ratio of 99.7%.

Key Data Points

King County continues to lead with the highest median sold price at $850,000, with homes selling swiftly at an average of 11 days on the market. The sale-to-list ratio is at 100.1%, underscoring strong demand. Inventory levels here are at 6,504 active listings, with 3.3 months of supply, suggesting a tight market.

In contrast, Spokane County shows significant growth, with a median sold price of $365,000, up 14.1% year-over-year, and homes selling in 18 days. This county’s 101.6% sale-to-list ratio indicates competitive buying conditions. Meanwhile, Pierce County sees a median price of $579,975, with a slightly faster market at 14 days on market and a sale-to-list ratio of 100.2%.

Across the state, pending sales are at 8,336, showing consistent buyer interest despite rising mortgage rates, which currently average 6.35% for a 30-year fixed loan, as reported by Freddie Mac. This is a significant factor influencing buyer affordability and decision-making.

Regional Differences

Western Washington markets like King, Pierce, and Snohomish Counties remain hot, with limited inventory and high demand driving prices and quick sales. Conversely, Eastern Washington, particularly Spokane County, is experiencing rapid price increases but still offers more affordability compared to the west.

Clark County, with a median sold price of $539,900 and 26 days on market, shows a balanced market condition, reflecting varied dynamics compared to other regions. The slower pace here provides opportunities for buyers seeking less competitive environments.

Market Analysis and Outlook

For buyers, the current market conditions mean acting quickly and being prepared to face tight competition, especially in desirable areas like King County. Buyers may benefit from exploring counties like Spokane or Thurston, where the pace is slightly slower, and prices are more accessible.

Sellers in most Washington regions can expect favorable conditions, with high demand and strong sale-to-list ratios. However, they should be aware of increasing inventory which could lead to a gradual shift toward a more balanced market in the coming months.

Overall, Washington’s real estate market this week suggests a continuous sellers’ advantage, albeit with regional nuances. Buyers should consider their priorities and explore diverse markets, while sellers might want to capitalize on current conditions before potential adjustments later in the year. As always, consulting with real estate professionals for tailored advice is recommended.

Data Sources & Methodology

This report utilizes data from Beyond Real Estate, drawing from the Northwest Multiple Listing Service (NWMLS) as of May 13, 2026. National mortgage rate data is sourced from Freddie Mac’s Primary Mortgage Market Survey. Economic context is provided by the Federal Reserve’s May 2026 FOMC statement and related economic projections.