Washington Real Estate Market Report• Updated
Market Pulse: Hot 🔥
The Washington real estate market is currently a Seller's Market. Homes are selling at 98% of list price on average (Sale Price to List Price Ratio). With 1,761 active listings and 1,028 closed sales in the latest month, inventory remains at 0.8 months of supply. Trends over the last half-year show median values moving up by 8%, while Average Days on Market has increased by 32%.
Top Listing & Buyer's Agents in Washington
Source: third-party closed MLS records, data as of Oct 2026. Agents are compared within each home type and price range. How we score agents →
Detached Homes
Mobile/Manufactured Homes
Townhomes
Condos/Co-ops
Multi-Family (2-4 Unit)
Washington Real Estate Market Trends October 2026
Inventory Breakdown by Segment
| Property Type | Entry Level | High-End | Mid-Market | Ultra-Luxury | Total |
|---|---|---|---|---|---|
| Condo/Co-op | 55 | 5 | 31 | 5 | 96 |
| Detached Home | 101 | 350 | 859 | 115 | 1.4K |
| Mobile/Manufactured Home | 67 | 10 | 34 | — | 111 |
| Multi-Family (2-4 Unit) | 4 | 9 | 14 | 3 | 30 |
| Townhome | 23 | 2 | 74 | — | 99 |
Market Insights & FAQ
How is the real estate market in Washington performing right now?
The data indicates a high-intensity seller's market in Washington. Inventory is at 0.8 months of supply. Inventory is critically low, meaning well-priced homes move rapidly, often with multiple offers.
What are the current pricing trends for Washington real estate?
Currently, $586,000 represents the median entry point in Washington. Over the past half-year, home values in Washington have moved upward by approximately 8% based on regional transaction data.
Are sellers in Washington getting their full asking price?
Sellers hold the edge, though homes are closing slightly below asking in Washington, with a Sale Price to List Price Ratio of 97.8%. On average, properties in Washington are transitioning from active to sold status in 63 days.