Active Listings

The total number of properties listed for sale increased 23% year over year, with 11,718 active listings on the market at the end of December 2025, compared to 9,524 at the end of December 2024. Month over month, active inventory declined by 24.7% (3,839 listings), down from 15,557 in November 2025.

Nearly all NWMLS counties experienced year-over-year inventory growth, with 19 of 27 counties posting double-digit increases. The counties with the largest increases were Jefferson (+55.7%), Ferry (+54.6%), Thurston (+54.4%), Clallam (+44%), Okanogan (+39.5%) and Walla Walla (+38%).

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

New Listings

NWMLS brokers added 3,202 new listings to the database in December 2025, a year-over-year increase of 1.1% compared to December 2024 (3,166). When compared to the previous month (November 2025), new listings decreased by 31.5%, when 4,677 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 14 counties, decreased year-over-year in 12 counties, and remained the same in 1 county (Whatcom).

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

Pending Sales

There were 4,239 residential units & condo units under contract in December 2025, a slight decrease of 1.7% when compared to December 2024 (4,312). When compared to the previous month, the number of pending listings decreased by 24.3%, down from 5,600 listings under contract in November 2025.

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

Closed Sales

Closed sales increased 4.1% year over year, with 5,010 transactions in December 2025 compared to 4,812 in December 2024. Month over month, sales rose 2.9% from 4,870 in November 2025.

Year-over-year closed sales increased in 21 of 27 counties, while five counties saw declines and one county (Kittitas) reported no change. The total dollar value of closed sales in December 2025 was $3.43 billion for residential homes and $394.6 million for condominiums, for a combined total of $3.83 billion.

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 two and a half months (2.34) to sell every home that is active in the NWMLS inventory. The six counties with the lowest months of inventory in December 2025 were Snohomish (1.61), Kitsap (1.68), King (2.00), Pierce (2.09), Thurston (2.35), and Skagit (2.38).

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 December 2025 was $612,250, down 1.8% from December 2024 ($623,500). Month over month, the median price declined 2.8% from $630,000 in November 2025.

The counties with the highest median sales prices were San Juan ($900,000), King ($808,500), and Snohomish ($730,000), while the lowest median prices were recorded in Columbia ($237,500), Okanogan ($300,000), and Pacific ($365,000).

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

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