Woodinville WA Housing Market
Woodinville WA Housing Market
May 2026 was a Neutral market! The number of for sale listings was down 5% from one year earlier and up 22.6% from the previous month. The number of sold listings decreased 5% year over year and increased 22.6% month over month. The number of under contract listings was up 27.5% compared to previous month and up 6.3% compared to previous year. The Months of Inventory based on Closed Sales was 3, the same as the previous year.
The Average Sold Price per Square Footage was down 6.8% compared to previous month and down 10.4% compared to last year. The Median Sold Price increased by 2.5% from last month. The Average Sold Price also decreased by 22.4% from last month. Based on the 6 month trend, the Average Sold Price trend was "Neutral" and the Median Sold Price trend was "Neutral".
The Average Days on Market showed a downward trend, a decrease of 21.1% compared to previous year. The ratio of Sold Price vs. Original List Price was 98%, a decrease of 1% compared to previous year.
Video edited on Kapwing
It was a Neutral Market
Property Sales (Sold)
May property sales were 38, down 5% from 40 in May of 2025 and 22.6% higher than the 31 sales last month.
Current Inventory (For Sale)
Versus last year, the total number of properties available this month was lower by 6 units of 5%. 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 up 22.6% compared to the previous month.
Property Under Contract (Pended)
There was an increase of 27.5% in the pended properties in May, with 51 properties versus 40 last month. This month's pended property sales were 6.3% higher than at this time last year.
All reports are published June 2026, based on data available at the end of May 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 was Depreciating*
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 May 2026 Average Sold Price per Square Footage of $535 was down 6.8% from $574 last month and down 10.4% from $597 in May of last year.
* Based on 6 month trend – Appreciating/Depreciating/Neutral
The Days on Market Showed Downward Trend*
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 May 2026 was 15, the same as last month and down 21.1% from 19 days in May of last year.
The Sold/Original List Price Ratio was Rising**
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 98% was up 1% % from last month and down from 1% % in May of last year.
* Based on 6 month trend - Upward/Downward/Neutral
** Based on 6 month trend – Rising/Falling/Remains Steady
All reports are published June 2026, based on data available at the end of May 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 was Appreciating*
The Average For Sale Price in May was $2,076,000, down 10.2% from $2,313,000 in May of 2025 and up 0.4% from $2,067,000 last month.
The Average Sold Price was Neutral*
The Average Sold Price in May was $1,632,000, down 7% from $1,754,000 in May of 2025 and down 22.4% from $2,103,000 last month.
The Median Sold Price was Neutral*
The Median Sold Price in May was $1,588,000, down 1.1% from $1,605,000 in May of 2025 and up 2.5% from $1,550,000 last month.
* Based on 6 month trend - Appreciating/Depreciating/Neutral
It was a Neutral Market*
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
Months of Inventory based on Closed Sales
The May 2026 Months of Inventory based on Closed Sales of 3 was the same compared to last year and the same compared to last month. May 2026 was Neutral market.
Months of Inventory based on Pended Sales
The May 2026 Months of Inventory based on Pended Sales of 2.2 was decreased by 12% compared to last year and down 4.3% compared to last month. May 2026 was Seller's market.
All reports are published June 2026, based on data available at the end of May 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.
It was a Seller's Market*
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%
Absorption Rate based on Closed Sales
The May 2026 Absorption Rate based on Closed Sales of 33.3 was the same compared to last year and the same compared to last month.
Absorption Rate based on Pended Sales
The May 2026 Absorption Rate based on Pended Sales of 44.7 was increased by 11.8% compared to last year and up 4% compared to last month.
All reports are published June 2026, based on data available at the end of May 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.
