July 2026 was a Neutral market! The number of for sale listings was up 13.1% from one year earlier and up 5.8% from the previous month. The number of sold listings decreased 30% year over year and decreased 44% month over month. The number of under contract listings was up 38.5% compared to previous month and up 33.3% compared to previous year. The Months of Inventory based on Closed Sales was 5.3, up 61.5% from the previous year.
The Average Sold Price per Square Footage was up 4% compared to previous month and up 4.4% compared to last year. The Median Sold Price increased by 5.7% from last month. The Average Sold Price also increased by 21.6% from last mont
The Average Days on Market showed a neutral trend, an increase of 73.3% compared to previous year. The ratio of Sold Price vs. Original List Price was 96%, a decrease of 1% compared to previous year.
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July property sales were 28, down 30% from 40 in July of 2025 and 44% lower than the 50 sales last month.
Versus last year, the total number of properties available this month was higher by 17 units of 13.1%. 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 5.8% compared to the previous month.
There was an increase of 38.5% in the pended properties in July, with 36 properties versus 26 last month. This month's pended property sales were 33.3% higher than at this time last year.
All reports are published August 2026, based on data available at the end of July 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 July 2026 Average Sold Price per Square Footage of $567 was up 4% from $545 last month and up 4.4% from $543 in July 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 July 2026 was 26, up 23.8% from 21 days last month and up 73.3% from 15 days in July 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 96% was down 1% % from last month and down from 1% % in July of last year.
* Based on 6 month trend - Upward/Downward/Neutral
** Based on 6 month trend – Rising/Falling/Remains Steady
All reports are published August 2026, based on data available at the end of July 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 July was $2,117,000, down 5.2% from $2,232,000 in July of 2025 and up 0.8% from $2,101,000 last month.
The Average Sold Price in July was $1,878,000, up 24.8% from $1,505,000 in July of 2025 and up 21.6% from $1,544,000 last month.
The Median Sold Price in July was $1,515,000, down 2.6% from $1,555,000 in July of 2025 and up 5.7% from $1,433,000 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 July 2026 Months of Inventory based on Closed Sales of 5.3 was increased by 61.5% compared to last year and up 89.9% compared to last month. July 2026 was Neutral market.
The July 2026 Months of Inventory based on Pended Sales of 4.1 was decreased by 14.5% compared to last year and down 22.4% compared to last month. July 2026 was Neutral market.
All reports are published August 2026, based on data available at the end of July 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 July 2026 Absorption Rate based on Closed Sales of 19 was decreased by 38.4% compared to last year and down 47.3% compared to last month.
The July 2026 Absorption Rate based on Pended Sales of 24.5 was increased by 17.8% compared to last year and up 31% compared to last month.
All reports are published August 2026, based on data available at the end of July 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.

Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID.
IDX information is provided exclusively for consumers' personal non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID.
Based on information submitted to the MLS GRID as of 9/5/2026 2:54 PM.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.