Across the Northwest MLS, the April 2026 housing market showed increasing inventory and steady buyer demand, alongside declining closed sales and longer time on market. While home prices held relatively steady overall, broader trends point to a shift toward more balanced conditions across the region.
Key Market Highlights
- Inventory increased 28.9% year over year
- Pending sales rose 11.6%, indicating ongoing buyer activity
- Closed sales declined 7.5% in April
- Days on market increased to 37 days (+23.3%)
- Median home price remained flat at $675,000
At a regional level, the market is shifting toward greater equilibrium, with increased supply easing competition and stabilizing pricing. Buyers are gaining more flexibility, while sellers are adjusting to longer timelines and more measured demand.
