$983,000
King Co. Median
Puget Sound Monthly Market Report • June 2026
The Eastside & Seattle, decoded.
Eight markets, one clear read. Median prices, NWMLS buyer-demand momentum, macro context, and the zoning shifts quietly reshaping value — for buyers and sellers.
Generational Wealth Through Real Estate • Deepak Singh
-1.4%
Median YoY
22 days
Days on Market
+22.1%
Inventory YoY
6.52%
30-Yr Mortgage
King County residential • NWMLS Local Market Update, May 2026 • rate: Freddie Mac PMMS
By the numbers
Your neighborhood market
Seattle
King County
Tier 2 (75k+)
$879K
MedianThe middle sale price — half of homes sold for more, half for less. A steadier guide than the average, which a few luxury sales can distort.
-2.3%
Price YoYHow the median price compares with the same month a year ago. Month-to-month moves are noisy; the annual comparison is the meaningful one.
4.8
Buyer InterestNWMLS showings per listing — how much attention the average home is getting. A leading indicator: it moves before prices do.
Price · YoY
-2.3%
Demand · MoM
+7.1%
Demand · YoY
-0.7%
So what?
Demand is climbing (+7% MoM) while prices hold — the rebalanced market favors prepared buyers, yet well-priced homes still draw offers.
Bellevue
King County
Tier 2 (75k+)
$1.5M
MedianThe middle sale price — half of homes sold for more, half for less. A steadier guide than the average, which a few luxury sales can distort.
-11.3%
Price YoYHow the median price compares with the same month a year ago. Month-to-month moves are noisy; the annual comparison is the meaningful one.
5.2
Buyer InterestNWMLS showings per listing — how much attention the average home is getting. A leading indicator: it moves before prices do.
Price · YoY
-11.3%
Demand · MoM
+14.0%
Demand · YoY
-4.4%
So what?
The headline -11% YoY is mostly mix and rate-sensitivity at the top; demand jumped +14% MoM — real negotiating room on luxury now.
Kirkland
King County
Tier 2 (75k+)
$1.3M
MedianThe middle sale price — half of homes sold for more, half for less. A steadier guide than the average, which a few luxury sales can distort.
-8.6%
Price YoYHow the median price compares with the same month a year ago. Month-to-month moves are noisy; the annual comparison is the meaningful one.
4.1
Buyer InterestNWMLS showings per listing — how much attention the average home is getting. A leading indicator: it moves before prices do.
Price · YoY
-8.6%
Demand · MoM
+7.3%
Demand · YoY
-11.2%
So what?
Prices off ~9% YoY, demand ticking up +7% MoM — a buyer window before the NE 85th station-area upzone reprices the area.
Redmond
King County
Tier 2 (75k+)
$1.3M
MedianThe middle sale price — half of homes sold for more, half for less. A steadier guide than the average, which a few luxury sales can distort.
-0.06%
Price YoYHow the median price compares with the same month a year ago. Month-to-month moves are noisy; the annual comparison is the meaningful one.
4.7
Buyer InterestNWMLS showings per listing — how much attention the average home is getting. A leading indicator: it moves before prices do.
Price · YoY
-0.06%
Demand · MoM
+7.2%
Demand · YoY
-14.4%
So what?
Flattest prices on the list and demand up +7% MoM — Redmond is where stability meets new light-rail upside.
Bothell
King / Snohomish
Tier 1 (25k–75k)
$999K
MedianThe middle sale price — half of homes sold for more, half for less. A steadier guide than the average, which a few luxury sales can distort.
-13.1%
Price YoYHow the median price compares with the same month a year ago. Month-to-month moves are noisy; the annual comparison is the meaningful one.
4.3
Buyer InterestNWMLS showings per listing — how much attention the average home is getting. A leading indicator: it moves before prices do.
Price · YoY
-13.1%
Demand · MoM
+6.9%
Demand · YoY
+8.9%
So what?
The only area with demand up both MoM and YoY, median back under $1M — the best value-plus-momentum mix here.
Shoreline
King County
Tier 1 (25k–75k)
$770K
MedianThe middle sale price — half of homes sold for more, half for less. A steadier guide than the average, which a few luxury sales can distort.
-3.0%
Price YoYHow the median price compares with the same month a year ago. Month-to-month moves are noisy; the annual comparison is the meaningful one.
6.8
Buyer InterestNWMLS showings per listing — how much attention the average home is getting. A leading indicator: it moves before prices do.
Price · YoY
-3.0%
Demand · MoM
+8.5%
Demand · YoY
+5.8%
So what?
Demand rose both MoM (+8.5%) and YoY (+5.8%), bucking the region — light rail is repricing Shoreline. Buy near the stations.
Sammamish
King County
Tier 1 (25k–75k)
$1.6M
MedianThe middle sale price — half of homes sold for more, half for less. A steadier guide than the average, which a few luxury sales can distort.
-4.9%
Price YoYHow the median price compares with the same month a year ago. Month-to-month moves are noisy; the annual comparison is the meaningful one.
4.5
Buyer InterestNWMLS showings per listing — how much attention the average home is getting. A leading indicator: it moves before prices do.
Price · YoY
-4.9%
Demand · MoM
+21.0%
Demand · YoY
-10.4%
So what?
Demand surged +21% MoM as spring buyers returned even with YoY cooler — scarcity rebuilds competition fast on the best homes.
Mercer Island
King County
Tier 1 (25k–75k)
$2.5M
MedianThe middle sale price — half of homes sold for more, half for less. A steadier guide than the average, which a few luxury sales can distort.
-1.4%
Price YoYHow the median price compares with the same month a year ago. Month-to-month moves are noisy; the annual comparison is the meaningful one.
6.0
Buyer InterestNWMLS showings per listing — how much attention the average home is getting. A leading indicator: it moves before prices do.
Price · YoY
-1.4%
Demand · MoM
+5.2%
Demand · YoY
-27.8%
So what?
Demand thin (-28% YoY) but prices barely moved — scarcity protects value. Decisive buyers can negotiate; sellers should lead with condition.
The bigger picture
Macro, rates & the world
Rates & the Fed
Mortgage rates have hovered in the mid-6s through spring 2026. The 30-year fixed sits near 6.5% and the 15-year near 5.8%. With CPI still running ~4% year over year, the Fed has held its policy rate at 3.50–3.75% rather than cutting aggressively — so buyers should plan around 'higher-for-longer' financing rather than betting on a sharp drop.
National & state market
The market is rebalancing. In King County, active inventory is up 22% year over year while the median price is off just 1.4% — so buyers finally have choice without a price crash. Pending sales are up 8.5%, and homes take a median 22 days to sell (vs. 17 a year ago). Well-priced, move-in-ready homes still move fast; overpriced or dated listings now sit and cut.
Geopolitical & supply
Global cross-currents matter locally: tariff and trade tension has kept construction-material costs elevated, slowing new supply; tech-sector hiring (Amazon, Microsoft, and the AI build-out) drives Eastside demand; and global capital still treats Seattle-area real estate as a relative safe haven. Watch for foreign-buyer and immigration-policy shifts that move the high end.