Tri-Cities Market Stats
August 2026Tricities, WA Real Estate Market Statistics
Average & Median Sold Prices
Prices in thousands
Average & Median Days on Market
Market insights for August 2026
📊 Inventory Highest Since 2013
Active listings reached 1,303 in August (+72 from July), the most homes on the market in the Tri-Cities since September 2013. Inventory has now risen in all eight months of 2026 and sits 167 listings (+14.7%) above August 2025, giving buyers the widest selection in nearly 13 years.
💰 Sales Pace Beats Last Summer
August closed 344 homes, up 9 from July and almost identical to August 2025 (343). Year to date, 2,520 homes have sold — 155 more than the same stretch of 2025 (+6.6%) — confirming that the larger inventory pool is being absorbed rather than sitting idle.
🏠 Prices Ease Off Summer Peaks
Median sold price slipped to $428.9K from July's $435.7K, and average price fell to $470.2K (-$18.1K). Both now sit modestly below August 2025 — median down 2.5%, average down 1.6% — the first clear year-over-year softening of 2026 and a sign that added supply is finally tempering pricing.
💵 Pending Pipeline Thins
Pending listings dropped to 355 in August (-23 from July), running 9.0% behind August 2025's 390. The lighter pipeline is typical as summer buying winds down, but it suggests September and October closings may run a step below the summer pace.
⏳ Market Time Still Healthy
Median days on market edged up to 27 from July's 24, while average DOM actually improved to 45 days. At roughly 3.8 months of supply — up from 3.3 a year ago — the market is moving toward balance, yet well-priced homes continue to move quickly.
🔮 Heading Into Fall
Record-for-the-decade inventory, solid sales volume, and gently easing prices point to a genuinely balanced Tri-Cities market this fall. Expect active listings to peak and begin their seasonal decline over the next two months, with median prices likely holding in the $420–440K range as buyers keep the upper hand on negotiations.
Source: TCAR / PACMLS Housing Statistics Dashboard. Information deemed reliable but not guaranteed.