Normandy Park, WA January 2026 Market Highlights: Latest Numbers and Trends
Kicking off the year, the housing landscape in Normandy Park, WA paints a detailed picture for both home buyers and sellers. What specific changes are influencing local opportunities this January 2026? New detached listings opened the month at a tally of eight, backing up evidence of steady supply while measuring demand by six homes moving to pending status within just weeks.
Serious market watchers should remember the actionable insights within detached home market performance Normandy Park, WA. The median list price landed at $1,150,000 for detached homes, while five closings achieved an average sale price of $1,120,000. Why it matters: these closely-aligned figures show continued confidence in local values among both buyers and sellers in Normandy Park, WA this January 2026.
Inventory Patterns and Buyer Conditions in Normandy Park, WA
Normandy Park, WA maintains a two-month supply of homes, balancing selection with urgency and shaping negotiation leverage. This balance is crucial because it prevents excessive buyer competition but also avoids a stagnant seller experience—a key consideration for anyone assessing is it a good time to buy in Normandy Park, WA?
With houses spending an average of 36 days on the market, buyers get a strong signal to act promptly. Median list-to-sale price ratios reached 97.4 percent, underscoring sellers’ ability to close deals near their asking price. For those considering affordable homes in Normandy Park, WA this January 2026, these numbers reveal where negotiation power currently stands.
- New detached listings: 8
- Closed sales: 5
- Pending homes: 6
- Median list: $1,150,000
- Median sale: $1,120,000
- Average days on market: 36
- Months of inventory: 2
Price Movements and Seller Spotlight in January 2026
Competitive sellers are benefiting from a tight margin between asking and sold prices. If your goal is to learn how to sell your house fast in Normandy Park, WA, focus on aligning with current median trends and prepping for swift market absorption—pending sales reflect robust activity with low days on market. Sellers also see an average price concession of $4,000, down from prior cycles, signaling firmer negotiating ground in today’s market conditions. Why it matters: Reduced concessions mean more stability and clarity for net proceeds at closing.
Analyzing Rental Activity and Trends
While January 2026 did not deliver widespread aggregate rental statistics, three active rental listings offered insight, ranging from $2,700 to $3,200 and featuring mostly two to four bedrooms. All available rental homes moved in under thirty days on average, a telling speed in this market. For renters and potential investors, this pace suggests ongoing demand for lease options in Normandy Park, WA rentals and opportunities.
Regional Pricing Benchmarks and Home Features
The local standard in zip code 98166 continues to shine with price per square foot averaging roughly $485 and detached property size centering at about 2,400 square feet. These details strengthen confidence when comparing homes on the market—if you are aiming to make a precise offer or estimate value for a listing, knowing Normandy Park, WA’s anchor numbers colors every negotiation and appraisal.
January 2026 Market Context and Detailed Outlook
As we continue through January 2026, one recurring theme emerges: Normandy Park, WA’s home market remains efficient yet accessible. List-to-sale price consistency and minimal concessions enhance predictability. The moderate inventory tempers the pace of demand—a benefit for thoughtful buyers and sellers alike. Mike Rudnev stays attentive to each local pattern shaping your property journey.
Map Your Move in Normandy Park, WA
Speak with Mike Rudnev about timing, pricing, and neighborhoods that fit your goals this January 2026. You can set your course with trustworthy data and the right personal strategy this winter.
Summary: Navigating Normandy Park, WA Real Estate in January 2026
The actionable data in this review empowers you, whether you are preparing to buy, sell, or monitor the market for future opportunities. With up-to-date numbers and grounded guidance, every strategy benefits from a confident start this season in Normandy Park, WA.
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