April 2026 was a Neutral market! The number of for sale listings was up 2.2% from one year earlier and up 13.4% from the previous month. The number of sold listings decreased 23.1% year over year and decreased 6.2% month over month. The number of under contract listings was up 59.3% compared to previous month and up 30.3% compared to previous year. The Months of Inventory based on Closed Sales was 3.1, up 34.3% from the previous year.
The Average Sold Price per Square Footage was up 3.2% compared to previous month and down 4.7% compared to last year. The Median Sold Price decreased by 4.4% from last month. The Average Sold Price also increased by 23.1% from last month. Based on the 6 month trend, the Average Sold Price trend was "Appreciating" and the Median Sold Price trend was "Neutral".
The Average Days on Market showed a downward trend, an increase of 15.4% compared to previous year. The ratio of Sold Price vs. Original List Price was 97%, a decrease of 4.9% compared to previous year.
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April property sales were 30, down 23.1% from 39 in April of 2025 and 6.2% lower than the 32 sales last month.
Versus last year, the total number of properties available this month was higher by 2 units of 2.2%. This year's bigger inventory means that buyers who waited to buy may have bigger selection to choose from. The number of current inventory was up 13.4% compared to the previous month.
There was an increase of 59.3% in the pended properties in April, with 43 properties versus 27 last month. This month's pended property sales were 30.3% higher than at this time last year.
All reports are published May 2026, based on data available at the end of April 2026, except for the today’s stats. Information and statistics derived from Northwest Multiple Listing Service. Neither the Board or its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. Report reflects activity by all brokers participated in the MLS.

The Average Sold Price per Square Footage is a great indicator for the direction of property values. Since Median Sold Price and Average Sold Price can be impacted by the 'mix' of high or low end properties in the market, the Average Sold Price per Square Footage is a more normalized indicator on the direction of property values. The April 2026 Average Sold Price per Square Footage of $574 was up 3.2% from $556 last month and down 4.7% from $602 in April of last year.
* Based on 6 month trend – Appreciating/Depreciating/Neutral

The average Days on Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM trends to indicate a move towards more of a Buyer’s market, a downward trend indicates a move towards more of a Seller’s market. The DOM for April 2026 was 15, down 50% from 30 days last month and up 15.4% from 13 days in April of last year.
The Sold Price vs. Original List Price reveals the average amount that sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer’s market exists, a ratio at or above 100% indicates more of a Seller’s market. This month Sold Price vs. Original List Price of 97% was down 1% % from last month and down from 4.9% % in April of last year.
* Based on 6 month trend - Upward/Downward/Neutral
** Based on 6 month trend – Rising/Falling/Remains Steady
All reports are published May 2026, based on data available at the end of April 2026, except for the today’s stats. Information and statistics derived from Northwest Multiple Listing Service. Neither the Board or its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. Report reflects activity by all brokers participated in the MLS.

The Average For Sale Price in April was $2,067,000, down 16.7% from $2,482,000 in April of 2025 and up 7.1% from $1,930,000 last month.
The Average Sold Price in April was $2,107,000, up 13% from $1,864,000 in April of 2025 and up 23.1% from $1,711,000 last month.
The Median Sold Price in April was $1,525,000, down 1.6% from $1,550,000 in April of 2025 and down 4.4% from $1,595,000 last month.
* Based on 6 month trend - Appreciating/Depreciating/Neutral

A comparatively lower Months of Inventory is more beneficial for sellers while a higher months of inventory is better for buyers.
*Buyer’s Market: More than 6 months of inventory
Seller’s Market: Less than 3 months of inventory
Neutral Market: 3 – 6 months of inventory
The April 2026 Months of Inventory based on Closed Sales of 3.1 was increased by 34.3% compared to last year and up 19.5% compared to last month. April 2026 was Neutral market.
The April 2026 Months of Inventory based on Pended Sales of 2.2 was decreased by 21.8% compared to last year and down 26.3% compared to last month. April 2026 was Seller's market.
All reports are published May 2026, based on data available at the end of April 2026, except for the today’s stats. Information and statistics derived from Northwest Multiple Listing Service. Neither the Board or its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. Report reflects activity by all brokers participated in the MLS.

Absorption Rate measures the inverse of Months of Inventory and represents how much of the current active listings (as a percentage) are being absorbed each month.
*Buyer’s market: 16.67% and below
Seller’s market: 33.33% and above
Neutral market: 16.67% - 33.33%
The April 2026 Absorption Rate based on Closed Sales of 32.3 was decreased by 24.7% compared to last year and down 17.2% compared to last month.
The April 2026 Absorption Rate based on Pended Sales of 46.2 was increased by 27.3% compared to last year and up 40.4% compared to last month.
All reports are published May 2026, based on data available at the end of April 2026, except for the today’s stats. Information and statistics derived from Northwest Multiple Listing Service. Neither the Board or its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. Report reflects activity by all brokers participated in the MLS.