According to Beyond Real Estate market data, King County’s median home price now stands at $875,000 as of June 24, 2026, reflecting a year-over-year increase of 1.7%. This aligns with a broader Washington state median home price of $643,943, which has seen a slight decrease of 0.7% over the past year. This week, inventory levels statewide are at 23,463 active residential listings, and homes are moving quickly with a median of 14 days on the market.

Key Data Points

The current real estate landscape in Washington reveals distinct differences between Western and Eastern regions. King County remains a hot market with homes averaging just 12 days on the market and a sale-to-list ratio of 100%. In contrast, Spokane County, while experiencing a significant year-over-year median price drop of 34.5% to $347,500, has homes sitting for 32 days, indicating more buyer leverage with a 102.7% sale-to-list ratio.

Statewide, there are 8,839 pending sales, demonstrating continued buyer interest despite rising home prices. New listings this month total 8,765, while 6,664 homes have been sold, pointing to a relatively balanced market with 3.6 months of inventory available, which is generally tipping slightly toward sellers.

Market Analysis

This week’s data underscores a seller-friendly market across much of Washington, particularly in counties like King and Pierce. King County’s real estate remains robust, with a median price of $875,000 and a consistent demand reflected in its 3.4 months of inventory. Conversely, Snohomish County is experiencing a cooling off, with a 5.8% decrease in median prices to $735,000 and a sale-to-list ratio below 100%.

In Western Washington, counties such as Clark are showing resilience with a 6.5% increase in median prices to $575,000. Meanwhile, Eastern Washington’s Spokane County faces a challenging market, with inventory levels at 6.5 months, suggesting a buyer’s market. This disparity highlights regional differences with Western Washington experiencing more stability and growth.

Outlook for Buyers and Sellers

For buyers, this week offers opportunities in areas like Spokane County, where longer days on market and falling prices may allow for negotiation and better deals. Buyers should keep an eye on mortgage rate trends, as the current 30-year fixed rate hovers around 6.15%, with potential for slight decreases expected later in the year.

Sellers, particularly in King and Pierce Counties, can remain optimistic as demand continues to outstrip supply. Homes are selling quickly and often at or above list prices, especially in desirable areas. However, sellers in Eastern Washington should be prepared for longer marketing periods and consider strategic pricing to attract buyers.

Data Sources & Methodology

This report is based on market data from Beyond Real Estate, sourced from the Northwest MLS as of June 24, 2026. National mortgage rates and economic indicators are referenced from sources including Sammamish Mortgage, the National Association of Realtors, and the U.S. Bureau of Economic Analysis. These sources provide context for broader economic and housing trends affecting the Washington state market.

For more detailed statistics and analysis, visit our full market report.