The King County housing market continued to normalize in June 2026, with rising inventory levels, softer pricing, and a slower pace of sales. While buyer demand remains present, increased supply and longer selling timelines are creating a more balanced landscape than the highly competitive conditions seen in recent years.
Key Highlights
- Median home price declined to $999,000 (-4.7%) year over year
- Inventory increased 25.1%, providing additional options for buyers
- New listings rose 13.6% from a year ago
- Closed sales decreased 7.2% year over year
- Months of supply increased to 3.5 months (25%)
King County remains in a period of market adjustment, with increased inventory and moderating prices easing competition. Buyers are benefitting from greater choice and negotiating power, while sellers face a more measured selling environment.
