08/18/2026
Here’s a statistic that caught my attention this week:
10.8% more listings received at least one showing in July—but total showings declined 4.2%.
What does that tell us?
Buyers are looking at more homes, but spending less time on each one.
That fits with the rest of the July numbers:
🏡 24,888 active listings — up nearly 20% from last year
📉 Pending sales down 7.2%
🏦 6.67% average 30-year mortgage rate
💰 $879,500 King County median price
Buyers have more choices and more negotiating leverage—but mortgage rates are still limiting purchasing power.
This is becoming a market where sellers need to answer a very practical question:
“What else can my buyer purchase today for the same money?”
That may matter more than what a similar home sold for six months ago.
Question of the Week: Are you more surprised by how much inventory has increased—or by how well prices have held up?
Local knowledge. Objective analysis. Better decisions.