June 2026 was a Neutral market! The number of for sale listings was up 54.1% from one year earlier and up 11.2% from the previous month. The number of sold listings decreased 16.7% year over year and increased 11.1% month over month. The number of under contract listings was up 8.3% compared to previous month and down 5.8% compared to previous year. The Months of Inventory based on Closed Sales was 3.8, up 82.7% from the previous year.
The Average Sold Price per Square Footage was up 6% compared to previous month and down 1.8% compared to last year. The Median Sold Price decreased by 7.4% from last month. The Average Sold Price also decreased by 0.9% from last month. Based on the 6 month trend, the Average Sold Price trend was "Neutral" and the Median Sold Price trend was "Depreciating".
The Average Days on Market showed a neutral trend, an increase of 26.7% compared to previous year. The ratio of Sold Price vs. Original List Price was 97%, a decrease of 1% compared to previous year.
Video edited on Kapwing

June property sales were 60, down 16.7% from 72 in June of 2025 and 11.1% higher than the 54 sales last month.
Versus last year, the total number of properties available this month was higher by 80 units of 54.1%. 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 11.2% compared to the previous month.
There was an increase of 8.3% in the pended properties in June, with 65 properties versus 60 last month. This month's pended property sales were 5.8% lower than at this time last year.
All reports are published July 2026, based on data available at the end of June 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 June 2026 Average Sold Price per Square Footage of $641 was up 6% from $605 last month and down 1.8% from $653 in June 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 June 2026 was 19, up 35.7% from 14 days last month and up 26.7% from 15 days in June 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 1% % in June of last year.
* Based on 6 month trend - Upward/Downward/Neutral
** Based on 6 month trend – Rising/Falling/Remains Steady
All reports are published July 2026, based on data available at the end of June 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 June was $2,067,000, down 15.2% from $2,437,000 in June of 2025 and down 2.7% from $2,125,000 last month.
The Average Sold Price in June was $1,814,000, up 0.6% from $1,804,000 in June of 2025 and down 0.9% from $1,831,000 last month.
The Median Sold Price in June was $1,568,000, down 7.1% from $1,688,000 in June of 2025 and down 7.4% from $1,693,000 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 June 2026 Months of Inventory based on Closed Sales of 3.8 was increased by 82.7% compared to last year and the same compared to last month. June 2026 was Neutral market.
The June 2026 Months of Inventory based on Pended Sales of 3.5 was increased by 65.3% compared to last year and up 2.9% compared to last month. June 2026 was Neutral market.
All reports are published July 2026, based on data available at the end of June 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 June 2026 Absorption Rate based on Closed Sales of 26.3 was decreased by 45.8% compared to last year and the same compared to last month.
The June 2026 Absorption Rate based on Pended Sales of 28.5 was decreased by 38.8% compared to last year and down 2.7% compared to last month.
All reports are published July 2026, based on data available at the end of June 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.