Market Intelligence Report — WA-500

Olympia-Lacey-Tumwater, WA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-WA-08
As of the latest 2026 data
Cooling

Median Listing

$569K
-1.7% YoY

Pending Ratio

0.40
-10.2% YoY

Active Inventory

1,040
+27.0% YoY

Median DOM

57 Days
+22.8% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling Olympia-Lacey-Tumwater market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Olympia-Lacey-Tumwater, WA.

Free ReportNo Sign-up~60 Seconds

The Olympia-Lacey-Tumwater market is currently cooling, characterized by a pending ratio of 0.40, indicating demand is absorbing a moderate portion of available supply. Active listings have expanded by 27.0% year-over-year, contributing to a less constrained inventory environment.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.5%-0.9 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

304,261+0.7% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Olympia-Lacey-Tumwater market right now.

Active listings have seen substantial year-over-year growth at 27.0%, while new listings remained stable. The pending ratio has declined by 10.2% over the past year, reflecting reduced demand absorption. Median listing prices have experienced a modest year-over-year decrease of 1.7%, alongside a 0.1% decline in median price per square foot, suggesting a softening in pricing power. Properties are also remaining on the market longer, with median days on market up 22.8% year-over-year.

Historical Analysis

Market Trends

Median Price

$569K-0.2% MoM

Active Inventory

1,040+27.0% YoY

Days on Market

57+22.8% YoY

Sold Score™

42-10.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

42
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The expansion in active listings and the notable decline in the pending ratio suggest a market where the pace of transactions has moderated. The increased days on market and the rising share of price reductions imply that price discipline may require greater consideration to achieve successful transactions. The current environment indicates less urgency for prospective purchasers.

Luxury Segment

The average listing price has seen a more pronounced year-over-year decline of 4.2% compared to the median listing price's 1.7% decrease. This widening divergence, combined with a flat median price per square foot, suggests some price sensitivity may be emerging at higher price points within the market segment.

Supply Dynamics

1,040 active listings represent the current floor, with new supply arriving at roughly 332 per month.

Pricing Pressure
28.5%

of active listings carry a price reduction, +0.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -0.1% year-over-year.

Absorption
0.40

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Olympia-Lacey-Tumwater, WA? Homes here are taking 11 days longer to sell than last year.

Olympia-Lacey-Tumwater, WA is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
40%
Median Days on Market
57 days
Inventory YoY
+27%

Olympia-Lacey-Tumwater, WA is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Olympia-Lacey-Tumwater, WA
CBSA Code
36500
State
WA

ZIPs in Olympia-Lacey-Tumwater, WA

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