January 2025 Data

Published February 2026

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The market is finally starting to feel more balanced for both buyers and sellers. Inventory has climbed to 3.57 months, which is the closest we’ve been in a while to what experts consider a “balanced” market (4–6 months). This means that buyers have more options, and sellers are seeing a bit more competition.

Looking at our four-county region (Pierce, Kitsap, King, and Snohomish), pricing trends were mixed. Kitsap was the only county to show an increase in the average sales price, up +0.2% year-over-year. The other counties experienced small declines, with Snohomish seeing the largest decrease at -4.2%.

The increase in inventory is causing an uptick in the average days on market, and homes are taking longer to sell. However, we are seeing a healthier pace, more choices, and a market that rewards good strategy.

If you’re thinking about buying or selling, spring is still the best time. Buyers typically see the greatest number of new listings hit the market, and sellers benefit from stronger demand, better weather for showings, and homes that simply shine more with extra daylight and curb appeal.

And here’s the key: now is the perfect time to get started, because spring is right around the corner and the people who plan ahead are the ones who are ready to win when the market heats up.