How competitive is the Washington housing market?

Washington is soft for sellers as of August 2026, with a Sold Score of 39/100 (Challenging Market Conditions). **Pending ratio** is 0.28 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is -9.8% — fewer choices for buyers than a year ago. **Median days on market** is 86. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 34.5% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (August 2026): Sold Score: 39/100 (Challenging Market Conditions) · Pending ratio: 0.28 · Inventory YoY: -9.8% · Median days on market: 86 · Sellers cutting price: 34.5% · Median listing price: $375,000 (-6.5% YoY)