January 2026 was a Seller's market! The number of for sale listings was down 100% from one year earlier. The number of sold listings decreased 50% year over year. The number of under contract listings was down 100% compared to previous month. The Months of Inventory based on Closed Sales was 0, down 100% from the previous year.
The Average Sold Price per Square Footage was 3,135 and up 1.6% compared to last year. The Median Sold Price was 17,370. The Average Sold Price was 17,370. Based on the 6 month trend, the Average Sold Price trend was "Appreciating" and the Median Sold Price trend was "Appreciating".
The Average Days on Market showed a upward trend, an increase of 364.7% compared to previous year. The ratio of Sold Price vs. Original List Price was 97%, a decrease of 2% compared to previous year.
Video edited on Kapwing

January property sales were 1, down 50% from 2 in January of 2025.
Versus last year, the total number of properties available this month was lower by 2 units of 100%. This year's smaller inventory means that buyers who waited to buy may have smaller selection to choose from. The number of current inventory was the same as the previous month.
There was a decrease of 100% in the pended properties in January, with 0 properties versus 1 last month. This month's pended property sales were the same as at this time last year.
All reports are published February 2026, based on data available at the end of January 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 January 2026 Average Sold Price per Square Footage of $3,135.
* 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 January 2026 was 79.
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 was 97% .
* Based on 6 month trend - Upward/Downward/Neutral
** Based on 6 month trend – Rising/Falling/Remains Steady
All reports are published February 2026, based on data available at the end of January 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 January was $0,000, down 100% from $8,740,000 in January of 2025.
The Average Sold Price in January was $17,370,000, up 91.4% from $9,075,000 in January of 2025.
The Median Sold Price in January was $17,370,000, up 91.4% from $9,075,000 in January of 2025.
* 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 January 2026 Months of Inventory based on Closed Sales of 0 was decreased by 100% compared to last year and the same compared to last month. January 2026 was Seller's market.
The January 2026 Months of Inventory based on Pended Sales of 0 was decreased by 100% compared to last year and the same compared to last month. January 2026 was Seller's market.
All reports are published February 2026, based on data available at the end of January 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 January 2026 Absorption Rate based on Closed Sales of 1 was decreased by 99% compared to last year and the same compared to last month.
The January 2026 Absorption Rate based on Pended Sales of 0 was down 100% compared to last month.
All reports are published February 2026, based on data available at the end of January 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.