Of the 50 metro areas surveyed by NAR, several stood out for year-over-year gains in contract signings. 

The move was an improvement over July, but sentiment still remained in negative territory. 

This month, we’re looking exclusively at luxury condominium sales across the greater Seattle area.

Looking ahead, Cotality expects the median price of a home to increase 1.5% through June 2027. 

Nationally, home-price growth topped 1% for the first time in 2026.

The seasonally adjusted annual rate of 628,000 homes topped Wall Street’s estimates. 

Given Washington’s average home size, buyers in the state pay an average price per square foot of $403.

The triennial survey of 2,000 American residents from the 50 largest metropolitan areas, the National Association of REALTORS® Community and Transportation Preference Survey, found buyers and residents prefer more housing options and communities designed for easy access.

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. 

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.