Residential real estate prices in King and Snohomish counties declined year-over-year in April 2026 due to a surge in housing inventory. King County's median home price dropped 5.3% to $859,000, while Snohomish County's fell slightly to $750,000 amid a 58% increase in listings. Active listings rose 28.4% regionally, with closed sales down 3.7%. Pierce County saw a 4.5% price increase. Mortgage rates remained high, influenced by persistent inflation.