As of June 2026, the median active listing price in Washington State is $674,993, reflecting a dynamic real estate market that continues to present both opportunities and challenges for buyers and sellers. According to Beyond Real Estate market data, the state currently has 21,436 active listings with a median sold price over the last 12 months of $645,000, indicating a modest 0.6% decrease from the previous year. This slight decline in year-over-year median prices suggests market stabilization, aligning with broader national trends of cooling price growth.
Key Data Points
Beyond Real Estate NWMLS data shows that the current market is characterized by 8,745 pending sales and 6,571 homes sold this month. The median days on market for sold properties is 14, reflecting the competitive nature of the market despite the increase in inventory. The sale-to-list ratio remains robust at 99.6%, underscoring that most homes are selling close to their listing prices. With 3.4 months of inventory, the market leans towards sellers, although the increasing inventory suggests a gradual shift towards balance.
County-by-County Breakdown
In King County, the median sold price is $875,000, with 7,042 active listings and homes typically spending 12 days on the market. The sale-to-list ratio is at 100%, and the county has 3.2 months of inventory, reflecting a 1.7% increase year-over-year. Pierce County’s median sold price is $575,000, with a similar 12 days on market and a 100.1% sale-to-list ratio, supported by 2,693 active listings and 2.8 months of inventory.
Snohomish County presents a different picture with a median sold price of $735,000, down 5.8% year-over-year. The county has 2,323 active listings, a 99.5% sale-to-list ratio, and 2.8 months of inventory, indicating potential opportunities for buyers. Thurston County’s median sold price is $522,000, with a 1% year-over-year decline, 989 active listings, and a 99.8% sale-to-list ratio with 2.9 months of inventory.
Spokane County stands out with a significant 34.5% year-over-year decline in median sold prices, now at $347,500. The county has just 36 active listings and 32 days on the market, with a high 102.7% sale-to-list ratio and 4 months of inventory. In contrast, Clark County’s market is more buoyant, with a 6.9% increase in median sold prices to $577,450. The county has 261 active listings, a 98.9% sale-to-list ratio, and 3.1 months of inventory.
Forward-Looking Analysis
Looking ahead, Washington’s real estate market may continue to feel the impact of national trends. Improving national inventory and a slight easing in mortgage rates could support steadier local market conditions if these trends persist. The Federal Reserve’s current monetary policy, maintaining a 3.5% to 3.75% federal funds rate, continues to influence buyer affordability. As mortgage rates are projected to average 6.3% in 2026, potential buyers might experience a modest improvement in affordability.
With national housing starts increasing and inventory normalization underway, Washington’s market may see reduced competitive pressure if local supply aligns with national patterns. However, the restrictive monetary environment may cap buyer demand, particularly if inflationary pressures persist.
Data Sources & Methodology
All Washington State market statistics, including prices, inventory, and sales figures, are sourced from Beyond Real Estate market data, derived from the Northwest MLS. National context and economic indicators are informed by sources such as the National Association of Realtors and Urban Realtor market trends. This analysis synthesizes data to offer a comprehensive view of the current and projected market conditions in Washington State.
