Seattle- Eastside:
The Eastside real estate market has shifted as active inventory jumped 49% and pending sales declined 17% year-over-year, bringing the median closed price down 10% to $1,425,000. While lower prices offer buyers more choices and leverage, higher mortgage rates—averaging around 6.86% to 7.28% compared to 6.35% last year—mean affordability has barely improved, keeping buyers picky.
Because trying to time the market bottom is nearly impossible, major life changes like career moves, growing families, or relocation continue to drive real estate decisions. If a home meets your long-term needs and you plan to own it for six years or longer, focusing on a clear plan and realistic expectations matters far more than short-term market shifts.
Condo Report : eastside-condo-only-market-update-2026-09
Townhouse Report: eastside-townhouse-market-update-2026-09
Residential Report: eastside-res-only-market-update-2026-09
Seattle:
The Seattle real estate market is rebalancing rather than crashing, with housing inventory at its highest September level since 2011 (3.0 months of supply) and active listings up about 18% over the 20-year average. While overall sales volume is lower and buyers enjoy more negotiating power—particularly in the condo market, which sits at 7.3 months of supply—well-priced homes in high-demand price bands still sell quickly, often in under a week and above asking price.
For sellers, proper initial pricing is crucial, as homes that require late price reductions lose significant value compared to those that sell quickly. For buyers, while lower prices and increased choices offer leverage, rising interest rates have pushed monthly payments higher than last year, meaning strategic planning and local market knowledge remain essential.
Condo Report: seattle-condo-only-market-update-2026-09
Townhouse Report: seattle-townhouse-market-update-2026-09
Residential Report: seattle-res-only-market-update-2026-09
King County:
The King County housing market has shifted toward a more balanced, buyer-friendly environment as inventory continues to expand. Active residential listings jumped 36% year-over-year to 5,578 homes, pushing months of supply up to 3.4 months, while pending sales slowed down by 14%. Despite this surge in choices and a slight 1% dip in the median residential sales price to $949,975, higher mortgage interest rates (averaging around 6.9%) have kept monthly ownership costs elevated, offsetting the benefit of lower home prices.
Meanwhile, the King County condo market faces even more pronounced buyer-advantage conditions, with inventory surging to 6.1 months of supply and median prices sliding 6% to $496,000. While well-priced single-family homes that avoid price cuts still sell quickly—with about 46% going above list price or at full asking within 15 days—nearly a quarter of sellers are adjusting list prices downward, highlighting that strategic pricing and thorough preparation are essential for success
Condo Report:all-king-co-condo-only-market-update-2026-09
Townhouse Report: all-king-co-townhouse-market-update-2026-09
Residential Report: all-king-co-res-only-market-update-2026-09
Snohomish County:
The Snohomish County housing market is shifting toward balanced conditions as active inventory jumped 45% year-over-year to 2,375 listings, while pending sales dropped to a ten-year low. Despite this slowdown and increased competition—with nearly 40% of sellers requiring price reductions—the median sales price remains remarkably resilient at $750,000, unchanged from the previous year.
With more choices and longer decision timelines, buyers have greater flexibility to negotiate terms and inspect properties thoroughly. However, because well-priced homes that sell quickly still capture full asking price, success for both buyers and sellers hinges on realistic pricing, strong home preparation, and local market expertise.
Condo Report: all-sno-co-condo-only-market-update-2026-09
Townhouse Report: all-sno-co-townhouse-market-update-2026-09
Residential Report: all-sno-co-res-only-market-update-2026-09
Island County:
The Island County real estate market is seeing a shift toward more balanced conditions, with active listings up nearly 10% year-over-year to 361 homes and months of inventory rising to 3.92 months. At the same time, overall closed sales dropped 25.5% compared to last year, and the median home price edged down 3.8% to $618,000.
With more homes on the market and buyers taking their time, pricing accuracy has become critical. Nearly 48% of residential sellers had to reduce their price before securing a sale, and those homes took an average of over 95 days to close. However, well-priced properties that avoid price cuts continue to move quickly, highlighting the importance of strategic positioning and realistic expectations for anyone looking to buy or sell.
Condo Report: island stats
List VS Sale Price Stats:
King County Condo: kc condo
King County Residential: kc resi
Snohomish County Condo: sno co condo
Snohomish County Residential: sno co res
Island County Condo: island co condo
Island County Residential: Island co res
