Current Market Data
Nationally, home sales in the 51 metro areas surveyed by REMAX showed measured growth of 8.9% month over month and 7.8% year over year, REMAX said.
The annual and monthly declines of 0.3% and 5.4%, respectively, do not fully capture the geographic variability of market performance.
Last month, greater Seattle’s priciest home sale was a Mercer Island mansion with 101 feet of Lake Washington water frontage.
The city boasted a median income of $93,717 for graduates — higher than nearly any other large city in the country — plus 477 leisure establishments and 9 coworking spaces for every 100,000 residents.
The median sales price of a home hit an all-time high of $440,600.
Buyers in Northwest Washington had more homes to choose from than in any previous month of the year, according to the latest data from the Northwest Multiple Listing Service.
Looking ahead, Cotality expects home prices to rise 4.8% between May 2026 and May 2027.
Nationally, the median list price slipped 2.4%, marking the eighth month in a row of declines.
The uptick was driven by a slight dip in mortgage rates.
S&P Dow Jones Indices noted that inflation outpaced national home-price appreciation for the 11th month in a row.
Home sales in the 51 metro areas surveyed by REMAX rose 7.9% month over month and slid 0.5% year over year.
The increase was driven by refinancing activity as purchase applications dipped.
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With everything from housing to gas to event tickets costing more, it may be impossible for fans to put a price tag on the joy of attending a once-in-a-lifetime World Cup match hosted in their hometown.
Existing-home sales and the median home price are forecast to rise 4% this year, according to the National Association of REALTORS® Chief Economist Lawrence Yun.
Starter homes now cost $1 million or more in a record 242 cities, up from just 80 in 2020, according to a Zillow analysis.
