Tri-Cities Market Stats
May 2026Tricities, WA Real Estate Market Statistics
Average & Median Sold Prices
Prices in thousands
Average & Median Days on Market
Market insights for May 2026
💲 Sales Hit an Eight-Month High
May closed 363 homes, up 11.7% from April and the strongest single month since September 2025. Compared to May 2025 (330 sold), sales are up 10% year-over-year — clear evidence that buyer activity this spring has outpaced last year despite higher inventory levels.
⏳ Homes Moving Dramatically Faster
Median DOM plunged to just 23 days in May — down from 29 in April and a striking improvement from January's 43. This is the fastest market pace since July 2025, and the steady monthly decline (43 → 41 → 32 → 29 → 23) shows demand accelerating all spring.
📈 Inventory Climbing Seasonally
Active listings rose to 1,075 in May, up 3.9% from April and about 14% above May 2025's 944. Inventory remains below last year's September peak of 1,138, and with homes selling faster, the added supply is being absorbed rather than accumulating.
🏠 Prices Ease Off April's Peak
May's median price of $440.0K stepped back from April's $445.9K — one of the highest medians on record — while the average dipped to $489.9K from nearly $498K. Prices remain ahead of May 2025 ($435K median), so this reads as a breather, not a reversal.
💵 Pending Pipeline Normalizing
Pending listings settled to 396 after April's exceptional 438 — the highest pending count in years. Even with the pullback, May pendings still exceed May 2025 (387), suggesting June closings should remain healthy as the spring pipeline converts.
🔮 Summer 2026 Outlook
The Tri-Cities market enters summer with strong momentum: rising sales, rapidly falling days on market, and balanced inventory growth. Expect continued solid closing volume through June–July, with median prices likely holding in the $440–450K range as the market digests new summer listings.
Source: TCAR / PACMLS Housing Statistics Dashboard. Information deemed reliable but not guaranteed.