Inventory surge cools Seattle housing market, pulling prices down

The Brief

  • Median home sale prices in June held at $650,000; a 3% decrease from $670,000 in June 2025, according to the latest NWMLS report.
  • Active listings hit 23,088 at the end of June, compared to 19,837 at the end of June 2025.
  • Over 11,000 new listings hit the market in June, up nearly 6% from June 2025.

SEATTLE Washington homebuyers finally have breathing room as active listings surged to a 2026 high in June, the Northwest Multiple Listing Service reported.

According to the NWMLS June 2026 Market Snapshot, active listings climbed 16.4% year over year to 23,088, while the state’s median sales price for homes and condominiums held steady at $650,000 – a 3% dip compared to June 2025.

If you’re planning to buy or sell, keep reading to learn what June’s home sales reveal about the state of Washington’s home market.

Home prices hold steady

According to the NWMLS, the median home price in June was $650,000 in Washington. This was unchanged from May, but marked a 3% dip compared to June 2025.

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