Monday Market Insights 1/20

Kevin Erickson • 1.20.2026 Monday Market Insights

Compass-PNW.com

King County | YoY

Current vs. Same MTD 1 Yr Ago FOR SALE 3,516

14.70% SOLD 636

Visual Here

-6.70% PENDING 915

10.60%

Compass-PNW.com

1/11/26 - 1/17/26 vs 1/4/26 - 1/10/26

King County | Weekly

FOR SALE

3,624

3.2% SOLD 252

-19.0%

Visual Here

PENDING

438

52.1%

NEW LISTINGS

602

-5.3%

Compass-PNW.com

1/11/26 - 1/17/26 vs 1/4/26 - 1/10/26

Seattle | Weekly

FOR SALE

1,587

3.0% SOLD 105

-7.1%

Visual Here

PENDING

165

50.0%

NEW LISTINGS 237

Compass-PNW.com

-19.7%

1/11/26 - 1/17/26 vs 1/4/26 - 1/10/26

Eastside | Weekly

FOR SALE

1,046

3.6% SOLD 67

-24.7%

Visual Here

PENDING

133

75.0%

NEW LISTINGS 189

-1.0%

Compass-PNW.com

Pierce County | YoY

Current vs. Same MTD 1 Yr Ago FOR SALE 1,682

19.80%

SOLD

Visual Here

322

-7.50%

PENDING

466

7.90%

Compass-PNW.com

1/11/26 - 1/17/26 vs 1/4/26 - 1/10/26

Pierce County | Weekly

FOR SALE

1,724

0.1%

SOLD

137

-6.2%

Visual Here

PENDING

223

48.7%

NEW LISTINGS 234

Compass-PNW.com

18.8%

Snohomish County | YoY

Current vs. Same MTD 1 Yr Ago

FOR SALE

1,108

25.20% SOLD 250

Visual Here

-8.10% PENDING 345

-8.00%

Compass-PNW.com

1/11/26 - 1/17/26 vs 1/4/26 - 1/10/26

Snohomish County | Weekly

FOR SALE

1,138

1.6% SOLD 124

Visual Here

6.9% PENDING 157

25.6%

NEW LISTINGS 181 -3.2%

Compass-PNW.com

Skagit County | YoY

Current vs. Same MTD 1 Yr Ago

FOR SALE

243

7.00%

SOLD

Visual Here

45

-4.30%

PENDING

66

4.80%

Compass-PNW.com

1/11/26 - 1/17/26 vs 1/4/26 - 1/10/26

Skagit County | Weekly

FOR SALE

256

1.6%

SOLD

13

-50.0%

Visual Here

PENDING

21

-32.3%

NEW LISTINGS

36

Compass-PNW.com

50.0%

Whatcom County | YoY

Current vs. Same MTD 1 Yr Ago

FOR SALE

597

14.80%

SOLD

Visual Here

82

1.20%

PENDING

112

20.40%

Compass-PNW.com

1/11/26 - 1/17/26 vs 1/4/26 - 1/10/26

Whatcom County | Weekly

FOR SALE

605

0.5%

SOLD

24

-45.5%

Visual Here

PENDING

44

2.3%

NEW LISTINGS 62

Compass-PNW.com

10.7%

Thurston County | YoY

Current vs. Same MTD 1 Yr Ago

FOR SALE

610

48.40%

SOLD

Visual Here

96

-14.30%

PENDING

160

32.20%

Compass-PNW.com

1/11/26 - 1/17/26 vs 1/4/26 - 1/10/26

Thurston County | Weekly

FOR SALE

619

0.3%

SOLD

41

Visual Here

-12.8%

PENDING

72

14.3%

NEW LISTINGS 76

Compass-PNW.com

-18.3%

Island County | YoY

Current vs. Same MTD 1 Yr Ago

FOR SALE

202

-11.40%

SOLD

Visual Here

40

-4.80%

PENDING

63

18.90%

Compass-PNW.com

1/11/26 - 1/17/26 vs 1/4/26 - 1/10/26

Island County | Weekly

FOR SALE

209

-6.7%

SOLD

18

-10.0%

Visual Here

PENDING

27

-6.9%

NEW LISTINGS 4

Compass-PNW.com

-20.0%

San Juan County | YoY

Current vs. Same MTD 1 Yr Ago

FOR SALE

87

6.10%

SOLD

Visual Here

7

0.00%

PENDING

8

-11.10%

Compass-PNW.com

1/11/26 - 1/17/26 vs 1/4/26 - 1/10/26

San Juan County | Weekly

FOR SALE

88

-5.4%

SOLD

4

Visual Here

100.0%

PENDED

4

100.0%

NEW LISTINGS 4

Compass-PNW.com

-20.0%

Kitsap County | YoY

Current vs. Same MTD 1 Yr Ago

FOR SALE

469

4.00%

SOLD

Visual Here

101

-9.80%

PENDING

151

19.80%

Compass-PNW.com

1/11/26 - 1/17/26 vs 1/4/26 - 1/10/26

Kitsap | Weekly

FOR SALE

489

1.5%

SOLD

41

Visual Here

-28.1%

PENDED

71

42.0%

NEW LISTINGS 74

Compass-PNW.com

57.4%

Last Week Recap

DOM

Median Active Price Median Sale Price

63 64 57 60 57

$800K $750K

$750K $769K

King County

Seattle

$1.271M

$1.205M

Eastside

$630K $782K $680K $625K $565K $700K

$525K $738K $740K $529K $510K $650K $946K $539K

Pierce County

Snohomish County

Visual Here

119

Skagit County

55 58 67 66 50

Whatcom County Thurston County

Island County

$1.223M

San Juan County

$629K

Kitsap County

Week Ending: 1/18/26

Compass-PNW.com

Market Recap

Visual Here YoY: Compared with this same point last year, the market is entering the new year on much stronger footing. Inventory is meaningfully higher across almost all counties, giving buyers substantially more choice than they had in January 2025, with King, Snohomish, Pierce, and Thurston all posting double-digit increases in homes for sale. Importantly, this improved supply has not weakened demand. Pending sales are up year over year in many markets, including King, Pierce, Whatcom, Thurston, Island, and Kitsap, pointing to healthier buyer engagement than last winter. While closed sales are mixed and slightly softer in some counties, this appears driven by longer transaction timelines rather than declining interest. Overall, the year-over-year comparison highlights a more balanced, better-supplied, and more resilient market as 2026 gets underway. WoW: As the market settles into its second full week of January, momentum is clearly building after the holiday reset. Pending sales surged across nearly every county, led by strong gains in King, Seattle, the Eastside, Pierce, and Snohomish, signaling a meaningful return of buyer activity now that the calendar has fully turned. New listings were mixed but generally supportive, with some counties seeing fresh inventory come online while others remained tight. Closed sales were softer in many areas, which is typical at this stage as newly written contracts have not yet had time to close. Overall, inventory edged up modestly, days on market remain elevated, and the dominant theme is early-year reengagement rather than hesitation, a normal and healthy January pattern.

Compass-PNW.com

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