Reports  ›  Weekly · 2026-05-24

Washington real estate — week of May 22, 2026

Washington's major metros split this week: 2 negative, 3 positive on year-over-year median sale price. Range this week: seattle-tacoma-bellevue at -0.7% YoY to bellingham at +9.6%.

Headline numbers

Bellingham

$661K +9.6%

Kennewick

$427K +3.3%

Olympia

$523K +1.8%

Seattle

$836K -0.7%

Spokane

$351K -0.3%

This week's signals

Strength 4 / 5

13 days

Redmond homes taking 13 days to sell — +160.0% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

46 days

Olympia homes taking 46 days to sell — +76.9% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

45 days

Ferndale homes taking 45 days to sell — +350.0% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

$534K

Lacey avg sale price crossed $500K — now $534K

Crossing $500K is a narrative hinge — buyer shopping-by-price bands and seller list-price anchoring both reset when a market moves past a round number.

Strength 4 / 5

15 days

Lacey homes taking 15 days to sell — +66.7% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

30 days

Bellingham homes taking 30 days to sell — +150.0% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

$578K

Ferndale median price -8.9% YoY

Price-per-sqft also -9.7% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

15 days

Kent homes taking 15 days to sell — +87.5% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Source divergence

ZIP-level reconciliation will appear here once curated ZIP coverage lands for Washington.

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