August 2026 Washington County Market Update

## Home Sales 354 homes closed in July, down 3.5% from the 367 sold in July 2025. Year to date, however, closings have reached 2,624, up 2.2% over the same period last year. The upper end of the market has carried much of the year's growth while the mid-range has stayed comparatively flat. Sales above $1 million are up sharply, totaling 299 so far this year compared to 255 through July 2025, a 17.3% increase. ## Pending Sales 334 homes went under contract in July, down 14.4% from 390 a year ago. Year-to-date pending sales are still ahead of last year at 2,765 versus 2,702, up 2.3%. The softer month of contract activity is worth watching as we move into fall, though the year-to-date picture remains positive. ## Pricing Trends The average sale price came in at $590,425, up 1.53% year over year, while the median sale price rose 3.12% to $539,450. Year to date, the average sale price is $647,241, up 2.45%, and the median is $528,803, up 0.72%. On the listing side, the average active list price rose 2.66% to $853,458, and the median active list price was essentially flat at $599,999. Across every measure, pricing is holding steady within a narrow band rather than trending in either direction. ## Luxury Market 25 homes sold above $1 million in July, compared to 26 in July 2025, essentially unchanged month over month. The more meaningful movement is in the year-to-date figures, where the $1 million to $2 million range has grown from 214 sales to 239, and the $2 million to $3 million range has nearly doubled from 22 to 42. Above $3 million, activity has been steady with 18 sales this year compared to 19 last year. High-end demand has consistently contributed to the market's overall strength in 2026. ## Inventory Levels 1,907 homes were active at the end of July, a 4.7% increase over the 1,822 available a year ago. New listings totaled 520 for the month, down 6.5% from 556 last July, and year-to-date new listings are essentially even with last year at 4,340 versus 4,348. Buyers still have more to choose from, but that growth is coming from homes accumulating on the market rather than a surge of new sellers. ## Market Balance The absorption rate stood at 5.26 months in July, virtually unchanged from 5.3 months a year ago. Year to date, it sits at 5.33 months compared to 5.15 months last year. Washington County remains firmly in balanced territory, with neither buyers nor sellers holding a decisive advantage. ## Days on Market Marketing times were largely in line with a year ago. Median cumulative days on market came in at 42 days, a slight improvement from 45 last July, while the average edged up from 73 days to 75. Year to date, the average sits at 80 days, up from 76 last year. The typical home is still selling on a similar timeline to 2025, with the small uptick reflecting a handful of listings that have taken longer to find a buyer. ## Market Insight July was a steady month in a solid year. Year-to-date closings are ahead of last year, driven largely by strength at the upper end of the market, and prices have remained stable across both the average and median measures. Pending sales slipped in July, which is worth watching, and inventory continues to build modestly. Taken together, Washington County remains a balanced, functioning market where well-priced homes are still moving, and buyers have room to negotiate without prices giving ground.