The increase in stocks indicates a potential change to a more balanced market, analysts said.
SEATTLE – The active real estate lists in Washington have seen the highest increase from one year to another since 2022, according to June housing data published Thursday by the Northwest Multiple Listing Service (NWMLS).
The 27 counties in the NWMLS service area displayed two -digit gains in active announcements, which brought the total to 19,837 – an increase of 38.8% compared to June 2024 and an increase of 8.3% compared to May 2025. The increase in inventories signals a potential change to a more balanced market, analysts said.
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“This increase in the availability of houses for sale and the softening of house prices indicates that the region is experiencing a rebalancing of housing market trends,” said Selma Hepp, cotality economist.
The median price of houses in June has slightly reached $ 670,000 – up 1.5% compared to May and 3.1% compared to a year ago. High counties included San Juan ($ 1,035,000), King ($ 913,563) and Snohomish ($ 775,000), while Columbia, Adams and Ferry displayed the lowest state prices.
Despite high mortgage rates on average by 6.77%, the number of sales closed in June climbed 1% in annual sliding to 6,694. Sales increased by 3.5% per month.
“Continuous anticipation of inflation and concerns about the increase in public debt suggests that mortgage interest rates should not lower it soon,” said Steven Bourassa, director of the Washington Center for Real Estate Research.
Some counties displayed significant peaks in closed sales, including Adams (+ 55.6%), Columbia (+ 33.3%) and Lewis (+ 29.7%). The counties of Kitsap, Snohomish, Thurston, Pierce, King and Skag have recorded the lowest months of the inventory, suggesting continuous competition on these markets.
“While moderate prices, opportunities open to buyers who have been assessed, which can help stabilize the domestic market,” said Hepp.
