Market Trends April 15, 2026

Walla Walla Real Estate Update – March 2026

Spring is arriving in the Walla Walla Valley — and so is more inventory. Here’s a clear-eyed look at where the market stands through the end of March 2026, based on MLS data for Walla Walla and College Place.

March 2026 At-a-Glance

Metric Mar 2026 Context / YoY
Active Listings 200

Up from 128 in March 2025 — +56% YOY

New Listings 91

Nearly matches last year’s seasonal high

Homes Closed 45

Ahead of March 2025 (39) and 2024 (32)

Median Closed Price $401,500

Down from $440,369 in March 2025

Avg. Closed Price $447,126

Down from $545,353 in March 2025

Price Per Sq. Ft $291

Up from $283 in March 2025

Pending Sales 48

Median pending price: $454,000

Months of Inventory 4.3 Months

Balanced; was 4.3 in March 2025

Avg. Days on Market 83 Days

Down from 90+ in prior years

Close-to-List Ratio 98.5%

Strong value; less competition than peak years

Source: NWMLS Statistical Reports. Data deemed reliable but not guaranteed.

What the Trends Tell Us

Inventory has risen sharply — 192 active single-family listings were on the market at the end of March 2026, compared to 128 a year ago and just 110 in March 2024. That’s a meaningful shift that’s giving buyers more choices and slowing the pace of competition. At the same time, closings are healthy: 45 homes sold in March 2026, outpacing both March 2025 (39) and March 2024 (32). The market is moving — just more deliberately.

Median prices are holding in the low $400s. The 2026 YTD average sales price of $462,678 is modestly below the full-year 2025 average of $497,489, reflecting the shift in market mix and increased supply at higher price points. The long-term trend, however, remains firmly upward: average prices have grown from $279,928 in 2018 to their current level.


What Does This Mean for You?

If You’re Buying:
More choices, less pressure.

  • Inventory is at its highest March level in at least 4 years — buyers have genuine options to compare.
  • With 83 average days on market, there’s time to make thoughtful decisions without waiving contingencies.
  • Median list prices have risen, but closed prices are stable — meaning there’s negotiating room on well-priced homes.
  • A 98.5% close-to-list ratio means less bidding competition, but well-priced homes still move.
  • A balanced 4.3-month supply means neither side has a dominant advantage — a good time to buy strategically.

If You’re Selling:
Preparation and pricing win.

  • More listings mean more competition — your home needs to stand out on presentation, condition, and price.
  • Overpriced homes sit. With days on market averaging 83, strategic pricing from the start is essential.
  • The 98.5% close-to-list ratio shows sellers can still achieve near-asking — when the home is priced right.
  • Staging, flexible showings, and thoughtful preparation are no longer optional — they’re your competitive edge.
  • Buyers are active — 45 closings in March and 48 homes under contract shows real demand. Your home will sell with the right strategy.

Curious About Your Next Move?

Every property and situation is unique, and personalized guidance can help you navigate the changing market landscape. If you’re thinking of buying, selling, or simply wondering what your home is worth in today’s market, don’t hesitate to reach out. I’m here for consultations, market updates, or any real estate questions you have—just send a message or call anytime!

Here’s to making smart, confident moves in 2026!

Data is from sources deemed reliable but is not warranted by NWMLS members. All information compiled from MLS Statistical Reports. Listing and selling brokers are not responsible for errors in data.

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*NWMLS WA Data