Median home price in Washington climbs to $670,000 | The housing market is slow. So why are the p…

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Median home price in Washington climbs to $670,000

SEATTLE — Active real estate listings across Washington saw the largest year-over-year increase since 2022, according to June housing data released Thursday by the Northwest Multiple Listing Service (NWMLS).

All 27 counties in the NWMLS service area posted double-digit gains in active listings, bringing the total to 19,837 — a 38.8% increase from June 2024 and an 8.3% increase from May 2025. The boost in inventory signals a potential shift toward a more balanced market, analysts said.

“This increase in the availability of homes for sale and the softening of home prices indicates the region is experiencing a re-balancing of housing market trends,” said Selma Hepp, an economist with Cotality.

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