Reports  ›  Weekly · 2026-06-07

Washington real estate — week of Jun 5, 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 -1.4% YoY to olympia-lacey-tumwater at +3.1%.

Headline numbers

Bellingham

$646K +2.7%

Kennewick

$432K +3.1%

Olympia

$541K +3.1%

Seattle

$880K -1.4%

Spokane

$369K -0.7%

This week's signals

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

$485K

Richland avg sale price fell back under $500K — now $485K

Dropping back below $500K re-opens a buyer pool that had been priced out — and puts sellers on notice that the last few months' comps are no longer defensible.

Strength 4 / 5

$600K

Bellingham median price -9.2% YoY

Price-per-sqft also -12.4% YoY, confirming real depreciation vs. mix-shift noise.

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

$578K

Ferndale median price -8.9% YoY

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

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

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.

Source divergence

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

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