Reports  ›  Weekly · 2026-06-28

Washington real estate — week of Jun 26, 2026

Washington's major metros split this week: 2 negative, 3 positive on year-over-year median sale price. Range this week: seattle-tacoma-bellevue at -1.4% YoY to olympia-lacey-tumwater at +3.1%.

Headline numbers

Bellingham

$646K +2.7%

Kennewick

$432K +3.1%

Olympia

$541K +3.1%

Seattle

$880K -1.4%

Spokane

$369K -0.7%

This week's signals

Strength 4 / 5

$600K

Bellingham median price -9.2% YoY

Price-per-sqft also -12.4% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

$485K

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.

Strength 4 / 5

$495K

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.

Strength 4 / 5

17 days

Kent homes taking 17 days to sell — +183.3% 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.

Strength 4 / 5

19 days

Renton homes taking 19 days to sell — +137.5% 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.

Strength 4 / 5

15 days

Kirkland homes taking 15 days to sell — +87.5% 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.

Strength 4 / 5

97.9%

Redmond sale-to-list dropped below 1.0 — 97.9%

Typical closed deal now prints below list; buyers have real negotiating room for the first time in this market's recent cycle.

Source divergence

ZIP-level reconciliation will appear here once curated ZIP coverage lands for Washington.

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