August 2026 Market Insights
The local real estate market continues to find its balance as we move into fall. Buyers have more choices and less pressure, while sellers are seeing longer market times and a greater need for strategic pricing. Here’s a quick look at the latest trends in our community and what they mean for buyers and sellers.
Key Market Trends
- Buyers Have More Choices: Inventory continues to grow, with 288 active residential listings at the end of August, above the lows seen earlier this year. Months of inventory now sits at 3.74, giving buyers more options and time to shop.
- Home Prices Remaining Steady, With Slight Softening: The average sales price for sold homes was $755,246. Compared to spring and early summer, prices have eased but remain relatively stable.
- Sellers See Less Urgency and Longer Selling Times: Homes are taking longer to sell, with an average of 41 days on the market in August—up from the lows in early summer. Sellers should anticipate a longer marketing period than in previous seasons.
- More Room to Negotiate for Buyers: On average, homes sold for about 98% of their original list price last month. This slight dip from earlier in the year suggests buyers may have slightly more negotiating power than before.
- Sales Volume Levels Off After Busy Spring: August saw 98 new listings and 74 closed sales, reflecting a slower pace of activity than in May and June. Pending transactions rose to 88, indicating that active buyers are still pursuing homes, but at a more measured pace.
With buyers taking more time to decide, strategic pricing and strong presentation are key. The right approach can help your home stand out and attract serious buyers.
With more choices and less pressure, buyers have greater flexibility to shop thoughtfully, compare options, and negotiate with confidence.
Let's Connect!
Whether you’re simply watching the market or beginning to consider your next move, we’re here as a resource whenever you need guidance or have questions.
Interested in your home's current value or in seeing the latest listings? Reach out anytime for a personalized market consultation, a complimentary valuation, or just to chat about your options. The Realtors® at Windermere Stanwood-Camano are here to guide you every step of the way!
Jill Vail
REALTOR®
Owner, Designated Broker
Windermere Stanwood & Camano Island
jillvail@windermere.com
360-387-HOME
At Windermere, our responsiveness to the local market, dedication to the community, and commitment to our trade is why we help our clients buy and sell more real estate in Stanwood and Camano Island than any other company.
