Greater Seattle Real Estate – June 2026
Northwest MLS Real Estate Report
The Northwest Multiple Listing Service (NWMLS), which tracks real estate activity across the greater Seattle area and much of Washington, reflected a market that remained active in June as the summer selling season gained momentum. Inventory continued to expand while buyer demand remained resilient across King County.
King County saw another meaningful increase in available inventory during June, giving buyers even more choices than they had a year ago. Active residential listings climbed to 4,992, up 16.4% from 4,289 in June of last year. The continued rise in supply points toward a healthier, more balanced market while still supporting strong levels of activity.
Buyer demand remained solid despite the increase in available homes. Closed residential sales totaled 1,860 in June, compared to 1,952 during the same month last year. While sales were modestly lower year over year, transaction volume remained strong, reflecting continued confidence among buyers across King County.
The additional inventory has created a more balanced environment, giving buyers greater flexibility and more time to evaluate their options. Sellers, meanwhile, continue to see favorable results when homes are well-priced and well-presented, particularly in highly desirable neighborhoods.
Home values continued to demonstrate strength. The median residential sales price in King County increased to $960,000 in June, up from $870,000 during the same month last year. The year-over-year appreciation highlights the continued stability of the local housing market despite higher inventory levels.
Seattle Luxury Market
Following is a more detailed look at luxury real estate and waterfront homes in Seattle for the past month.
June saw 233 luxury home sales over $2 million in King County, compared to 240 during the same month last year. The Eastside continued to lead the luxury market with 135 of those sales, while Seattle recorded 68 luxury transactions. Together, these two markets accounted for the majority of King County’s high-end residential sales, underscoring the continued demand for premier properties throughout the region.
June’s highest sale was a waterfront estate in the Hunt’s Point neighborhood that sold for $21.5 million. Similarly, last year’s top June sale was a $13 million estate on Yarrow Point. Additional notable sales this year were recorded in Bellevue, Seattle, and Mercer Island.
Luxury Condos
The condominium market also remained active throughout June, with 435 condos closing across King County. Inventory continued to expand, with active condo listings increasing from 2,045 in June of last year to 2,413 this June, giving buyers a broader selection of available homes.
At the luxury level, 12 condominiums sold for more than $2 million during June. The Eastside accounted for six of those sales, while Seattle recorded four, reinforcing the continued demand for premier condominium living in the region’s most sought-after locations.
June’s highest-priced condo sale was a spectacular waterfront residence in Bellevue’s coveted Meydenbauer neighborhood that sold for $13 million. With sweeping views across Lake Washington to the Seattle skyline, the sale highlights the enduring appeal of the region’s most exclusive waterfront condominium communities.
The continued growth in inventory is creating greater opportunities for buyers while supporting healthy activity across both traditional and luxury condominium segments.
What does this mean for the Greater Seattle market?
June’s housing data reflects a market that continues to find balance as inventory grows while pricing remains strong. Buyers are benefiting from increased selection, yet demand remains healthy enough to support steady sales activity throughout King County.
At the luxury level, the Eastside remains the region’s leading destination for high-end home sales, while Seattle continues to capture significant market activity across both luxury and traditional price ranges. With inventory improving and home values continuing to appreciate, the market is offering greater opportunities for buyers while maintaining favorable conditions for sellers.
Taken together, June’s data points to a market that remains resilient and increasingly balanced. Higher inventory is creating more choices for buyers without significantly weakening pricing, reinforcing the long-term strength of the King County housing market as the summer season continues.