Active Listings

The total number of properties listed for sale increased 25.2% year over year, with 23,519 active listings on the market at the end of October 2026, compared to 18,791 at the end of October 2025.

Buyers had access to more than 4,700 additional homes compared to a year ago, continuing a trend of expanding inventory across the Northwest MLS service area.

Twenty-six of the 27 NWMLS counties experienced year-over-year inventory growth. The five counties with the largest increases were Walla Walla (+52.3%), Douglas (+42.3%), Snohomish (+41.7%), Wahkiakum (+33.3%), and King (+32.8%). Inventory in Pierce County rose 19.7%.

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

New Listings

NWMLS brokers added 7,991 new listings to the database in October 2026, the same number as in October 2025.

With new listings unchanged from a year ago, the growth in inventory is coming from slower sales rather than an increase in homes coming to market.

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

Pending Sales

There were 5,541 residential and condominium units under contract in October 2026, a 17.8% decrease compared to October 2025, when 6,739 listings were under contract.

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

Closed Sales

Closed sales decreased 14.3% year over year, with 5,332 residential and condominium transactions completed in October 2026, compared to 6,222 in October 2025.

Of the 5,332 closed sales in October 2026, 4,741 were residential home sales and 591 were condominium sales.

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

Months of Inventory

At the October 2026 pace of sales, it would take approximately 4.41 months to sell every home currently listed in the NWMLS service area if no new homes came on the market, up from 3.02 months in October 2025.

The counties with the lowest months of inventory were Kitsap (3.23), Jefferson (3.54), Clallam (3.88), Pierce (3.94), and Island (4.01), indicating tighter market conditions in those areas. Among counties with at least 40 closed sales, Kittitas (7.92), Okanogan (7.60), and Walla Walla (6.25) had the most inventory relative to sales.

What this means: More inventory typically gives buyers more time to compare homes and more room to negotiate.

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

Median Sales Price

The median sales price for residential homes and condominiums sold in October 2026 was $620,000, a 3.1% decrease compared to October 2025 ($640,000). Prices held steady in Pierce County, where the median was unchanged at $560,000, and in Thurston County ($520,000). In King County, the median fell 4.1% to $851,250, and the median price of a single-family home fell 7.2% to $925,000.

Among counties with at least 40 closed sales, the highest median sales prices were in King ($851,250), Snohomish ($699,250), and Island ($611,500), while the lowest were in Grays Harbor ($328,000), Grant ($364,990), and Okanogan and Pacific ($367,500 each).

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

Single-Family Homes vs. Condominiums

The condo market softened more than the single-family market in October. Condo pending sales fell 24.2% year over year, compared to 16.9% for single-family homes. Condo months of inventory climbed to 6.59, up from 4.02 a year ago, while single-family homes had 4.14 months of inventory, up from 2.88.

The median condo price declined 13.0% to $435,000, while the median single-family home price slipped 2.4% to $644,000. In King County, condo buyers had 7.0 months of inventory to choose from, and the median condo price fell 15.5% to $465,000.

How Markets Compare Across the Region

King, Snohomish and Pierce counties held 58% of all active listings in the NWMLS service area. Inventory in the three counties rose 31.2% to 13,538, compared with a 17.8% increase across the rest of the service area, while pending sales fell 17.4%. Months of inventory rose to 4.19 from 2.66 a year earlier.

Pierce County’s median price was unchanged at $560,000, and its 3.94 months of inventory was the lowest of the three. Snohomish County again posted the largest inventory increase, up 41.7%, and its median price declined 5.4% to $699,250. In King County, the median declined 4.1% to $851,250, and the single-family median declined 7.2% to $925,000.

Kitsap County again had the tightest supply in the service area, with 3.23 months of inventory, followed by Jefferson County at 3.54. Pending sales in Kitsap declined 14.7%, while Jefferson bucked the trend with a 40.0% increase.

Prices rose in several markets. Among counties with at least 50 closed sales, Clark (+10.0% to $550,000) and Kittitas (+8.3% to $585,000) posted the strongest median price gains.

Supply was most plentiful east of the Cascades, where the nine NWMLS counties combined had 6.42 months of inventory and closed sales declined 13.8%.

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