February 2025 Data

Published March 2026

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Spring has officially arrived in the Pacific Northwest—one of the most beautiful times of the year. Flowers begin to bloom, the grass turns vibrant green, and longer days bring a sense of renewal across the region. Along with the seasonal shift, the real estate market is also beginning to warm up.

Inventory across the Northwest Multiple Listing Service (NWMLS) is showing notable growth. The total number of properties for sale in February increased nearly 28% compared to the same time last year. Nearly all NWMLS counties experienced year-over-year inventory gains, with 19 of the 27 counties reporting double-digit increases. This rise in available homes is giving buyers more options as we head into the spring market.

Home prices have softened slightly compared to last year. The median sales price for residential homes and condos sold in February 2026 was $620,000, representing a modest 1.6% decrease from the median of $630,000 in February 2025. If you’re considering buying or selling this spring, our team would love to help!