Washington housing-market dispatches
City- and metro-level reads across Washington, from The Pecan Street Index.
Olympia Lacey Tumwater, WA · 2026-08-14
Lacey homes taking 22 days to sell — +100.0% vs. a year ago
Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.
Seattle Tacoma Bellevue, WA · 2026-08-14
Bellevue homes taking 16 days to sell — +100.0% vs. a year ago
Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.
Seattle Tacoma Bellevue, WA · 2026-07-24
Renton homes taking 15 days to sell — +114.3% vs. a year ago
Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.
Bellingham, WA · 2026-07-10
Bellingham median price -9.2% YoY
Price-per-sqft also -12.4% YoY across 71 closed sales.
Kennewick Richland, WA · 2026-07-10
Richland avg sale price fell back under $500K — now $485K
Dropping back below $500K re-opens a buyer pool that had been priced out — and puts sellers on notice that the last few months' comps are no longer defensible.
Seattle Tacoma Bellevue, WA · 2026-07-10
Tacoma avg sale price fell back under $500K — now $495K
Dropping back below $500K re-opens a buyer pool that had been priced out — and puts sellers on notice that the last few months' comps are no longer defensible.
Bellingham, WA · 2026-07-03
Bellingham median price -9.2% YoY
Price-per-sqft also -12.4% YoY, confirming real depreciation vs. mix-shift noise.
Kennewick Richland, WA · 2026-07-03
Richland avg sale price fell back under $500K — now $485K
Dropping back below $500K re-opens a buyer pool that had been priced out — and puts sellers on notice that the last few months' comps are no longer defensible.
Seattle Tacoma Bellevue, WA · 2026-07-03
Tacoma avg sale price fell back under $500K — now $495K
Dropping back below $500K re-opens a buyer pool that had been priced out — and puts sellers on notice that the last few months' comps are no longer defensible.
Bellingham, WA · 2026-06-29
Bellingham median price -9.2% YoY
Price-per-sqft also -12.4% YoY, confirming real depreciation vs. mix-shift noise.
Kennewick Richland, WA · 2026-06-29
Richland avg sale price fell back under $500K — now $485K
Dropping back below $500K re-opens a buyer pool that had been priced out — and puts sellers on notice that the last few months' comps are no longer defensible.
Seattle Tacoma Bellevue, WA · 2026-06-29
Tacoma avg sale price fell back under $500K — now $495K
Dropping back below $500K re-opens a buyer pool that had been priced out — and puts sellers on notice that the last few months' comps are no longer defensible.