October 2026 was a Neutral market! The number of for sale listings was up 113% from one year earlier and down 17.6% from the previous month. The number of sold listings increased 1.8% year over year and increased 16% month over month. The number of under contract listings was down 28.8% compared to previous month and up 20% compared to previous year. The Months of Inventory based on Closed Sales was 3.4, up 111.5% from the previous year.
The Average Sold Price per Square Footage was down 10.6% compared to previous month and down 7% compared to last year. The Median Sold Price decreased by 10.2% from last month. The Average Sold Price also decreased by 19.2% from last month. Based on the 6 month trend, the Average Sold Price trend was "Neutral" and the Median Sold Price trend was "Neutral".
The Average Days on Market showed a neutral trend, an increase of 12.9% compared to previous year. The ratio of Sold Price vs. Original List Price was 95%, a decrease of 1% compared to previous year.

October property sales were 58, up 1.8% from 57 in October of 2025 and 16% higher than the 50 sales last month.
Versus last year, the total number of properties available this month was higher by 104 units of 113%. This year's bigger inventory means that buyers who waited to buy may have bigger selection to choose from. The number of current inventory was down 17.6% compared to the previous month.
There was a decrease of 28.8% in the pended properties in October, with 42 properties versus 59 last month. This month's pended property sales were 20% higher than at this time last year.
All reports are published November 2026, based on data available at the end of October 2026, except for the today’s stats. Information and statistics derived from Northwest Multiple Listing Service. Neither the Board or its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. Report reflects activity by all brokers participated in the MLS.

The Average Sold Price per Square Footage is a great indicator for the direction of property values. Since Median Sold Price and Average Sold Price can be impacted by the 'mix' of high or low end properties in the market, the Average Sold Price per Square Footage is a more normalized indicator on the direction of property values. The October 2026 Average Sold Price per Square Footage of $608 was down 10.6% from $680 last month and down 7% from $654 in October of last year.
* Based on 6 month trend – Appreciating/Depreciating/Neutral

The average Days on Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM trends to indicate a move towards more of a Buyer’s market, a downward trend indicates a move towards more of a Seller’s market. The DOM for October 2026 was 35, down 7.9% from 38 days last month and up 12.9% from 31 days in October of last year.
The Sold Price vs. Original List Price reveals the average amount that sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer’s market exists, a ratio at or above 100% indicates more of a Seller’s market. This month Sold Price vs. Original List Price of 95% was up 1.1% % from last month and down from 1% % in October of last year.
* Based on 6 month trend - Upward/Downward/Neutral
** Based on 6 month trend – Rising/Falling/Remains Steady
All reports are published November 2026, based on data available at the end of October 2026, except for the today’s stats. Information and statistics derived from Northwest Multiple Listing Service. Neither the Board or its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. Report reflects activity by all brokers participated in the MLS.

The Average For Sale Price in October was $2,039,000, down 0.4% from $2,048,000 in October of 2025 and up 3.1% from $1,978,000 last month.
The Average Sold Price in October was $1,712,000, down 12.6% from $1,958,000 in October of 2025 and down 19.2% from $2,120,000 last month.
The Median Sold Price in October was $1,433,000, down 13.7% from $1,660,000 in October of 2025 and down 10.2% from $1,595,000 last month.
* Based on 6 month trend - Appreciating/Depreciating/Neutral

A comparatively lower Months of Inventory is more beneficial for sellers while a higher months of inventory is better for buyers.
*Buyer’s Market: More than 6 months of inventory
Seller’s Market: Less than 3 months of inventory
Neutral Market: 3 – 6 months of inventory
The October 2026 Months of Inventory based on Closed Sales of 3.4 was increased by 111.5% compared to last year and down 29.4% compared to last month. October 2026 was Neutral market.
The October 2026 Months of Inventory based on Pended Sales of 4.7 was increased by 79.9% compared to last year and up 17.4% compared to last month. October 2026 was Neutral market.
All reports are published November 2026, based on data available at the end of October 2026, except for the today’s stats. Information and statistics derived from Northwest Multiple Listing Service. Neither the Board or its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. Report reflects activity by all brokers participated in the MLS.

Absorption Rate measures the inverse of Months of Inventory and represents how much of the current active listings (as a percentage) are being absorbed each month.
*Buyer’s market: 16.67% and below
Seller’s market: 33.33% and above
Neutral market: 16.67% - 33.33%
The October 2026 Absorption Rate based on Closed Sales of 29.6 was decreased by 52.3% compared to last year and up 40.9% compared to last month.
The October 2026 Absorption Rate based on Pended Sales of 21.4 was decreased by 43.6% compared to last year and down 13.7% compared to last month.
All reports are published November 2026, based on data available at the end of October 2026, except for the today’s stats. Information and statistics derived from Northwest Multiple Listing Service. Neither the Board or its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. Report reflects activity by all brokers participated in the MLS.

Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID.
IDX information is provided exclusively for consumers' personal non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID.
Based on information submitted to the MLS GRID as of 11/9/2026 3:44 PM.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.