Active Listings

The total number of properties listed for sale increased 20.9% year over year, with 12,376 active listings on the market at the end of January 2026, compared to 10,241 at the end of January 2025. Month over month, active inventory increased by 5.6%, up from 11,718 in December 2025.

Nearly all NWMLS counties experienced year-over-year inventory growth, with 16 of 27 counties posting double-digit increases. The counties with the largest increases were Jefferson (+59.5%), Walla Walla (+58.6%), Thurston (+50.8%), Okanogan (+36.4%), Adams (+36.4%), and Clallam (+35.3%).

Use the drop-down menu in the chart below to view the available inventory counts in each county:

New Listings

NWMLS brokers added 6,882 new listings to the database in January 2026, a year-over-year increase of 2.8% compared to January 2025 (6,693). When compared to the previous month (December 2025), new listings increased by 114.9%, when 3,202 listings were added to the NWMLS database.

When looking at the 27 individual counties in NWMLS’s primary service area, the number of new listings increased year-over-year in 16 counties, and decreased year-over-year in 11 counties.  

Use the drop-down menu in the chart below to view the number of new listings added in each county:

Pending Sales

There were 5,419 residential units & condo units under contract in January 2026, a decrease of 2.6% when compared to January 2025 (5,564). When compared to the previous month, the number of pending listings increased by 27.8%, up from 4,239 listings under contract in December 2025.

Use the drop-down menu in the chart below to view the pending sales in each county:

Closed Sales

Closed sales decreased 7% year over year, with 3,465 transactions in January 2026 compared to 3,727 in January 2025. Month over month, sales decreased 30.8% from 5,010 in December 2025.

Year-over-year closed sales decreased in 16 of 27 counties, while ten counties saw increases and one county (Ferry) reported no change.

Use the drop-down menu in the chart below to view the number of closed sales in each county:

Months of Inventory

A balanced market is considered to be 4 to 6 months by most industry experts. At the current rate of sales, it would take about three and a half months (3.57) to sell every home that is active in the NWMLS inventory. The six counties with the lowest months of inventory in December 2025 were Kitsap (2.4), Pierce (2.82), Snohomish (2.84), Skagit (3.17), Island (3.27), Clallam (3.27), and Thurston (3.4).

Use the drop-down menu in the chart below to view the months of inventory in each county:

Median Price

The median sales price for residential homes and condominiums sold in January 2026 was $595,000, down 3.25% from January 2025 ($615,000). Month over month, the median price declined 2.8% from $612,250 in December 2025.

The counties with the highest median sales prices were San Juan ($969,000), King ($770,000), and Snohomish ($678,500), while the lowest median prices were recorded in Columbia ($265,000), Okanogan ($330,000), and Grant ($339,900).

Use the drop-down menu in the chart below to view the median sales price in each county:

---