RealTrends Market Report

Washington, WA

Single-Family Homes

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Washington, WA

Sat Jul 11 2026
This week the median list price for Washington, WA is $697,250 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has increased to 21,592. Click here to stay informed with the Washington market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Washington, WA

Sat Jul 11 2026
This week the median list price for Washington, WA is $697,250 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has increased to 21,592. Click here to stay informed with the Washington market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Washington market.
Median List Price $697,250
Median Price of New Listings $675,000
Per Square Foot $333
Average Days on Market 89
Median Days on Market 49
Price Decreased 40%
Price Increased 1%
Relisted 9%
Inventory 21,592
Median Rent
Market Action 36
Slight Seller's Advantage

Prices appear to be hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,525,000 3,212 0.25 - 0.5 acre 4 3 25 450 370 49
$825,000 2,429 0.25 - 0.5 acre 4 3 26 524 415 49
$590,000 1,969 8,000 - 10,000 sqft 3 2.5 27 560 472 42
$399,000 1,456 6,500 - 8,000 sqft 3 2 49 517 531 49