MID YEAR MARKET REPORT 2026

Great Inventory To Pick From – Rates edging below 5%

Here is my Mid Year Market Report 2026

PRICES: The first six months a bit of a mixed bag but rates got below a year ago, inventories increased, prices increased but at very modest levels and buyers are starting to come back into the market in larger numbers. Buyers in general are negotiating “hard” and sellers are holding out but listening to reason. All of this looks good for Real Estate In Wenatchee!

My primary area of interest is North Central Washington (Wenatchee, East Wenatchee ,Malaga and Rock Island ).

In June of this year Real Estate in Wenatchee had an even 100 sales. A 6% increase over a year ago. YTD for 2025 was 404 and same time period this year the number is 469. Another key point, the 2026 Market is half gone and we are running 16% ahead of a year ago! Here is a more detailed breakdown of residential closings for the last six months (NOTE my numbers are based upon Real Estate Snapshot, published by Pacific Appraisal Associates. The link with take you to their page highlighting other communities in the area)

Price M                     #s

$300-400               35

401-500                 119

501-600                132

601-700               49

701-800               38

801-900              27

901-1M                22

1M-2+                 17

TOTAL                  477

ECONOMY: At the same time, the total number of active and pending homes as of 6/30/2026 was 377. Average sales per mo was 79.5. Accordingly these numbers indicate the possibility pf a pretty good selling season for the fall. In general Inflation has been slowly coming down. Barring a major issue interest rates should continue a slow herkey jerky decline to mid 5s. And optimism numbers for the economy and nation are generally positive. So I find myself cautiously optimistic.

In our area there have been approximately 8 data centers approved for building at a about $440MM per and the time frame is the next ten years. That coupled with interest in multifamily, normal business growth will keep money flowing in the region.

DIRECTION: We are a strong AG based economy which has been off the last couple years but should start to show a bounce back based upon better balance in the next 1-2 years. We have a fairly large Govt employment  community. As the geographic center of the state our professional services, education and medical facilities all contribute to increased financial stability.

Since we are dealing with a mid year market report for real estate here are some current listings. The average price increase in the median price for real estate was $502,250 to $528,000 for YTD 2025 to 2026 which amounts to 5%. A sustainable number.