Published October 15, 2026 in Market Update

Primary market prices rose as supply stayed tight

By Tiffany Vasquez

Real estate, Primary market

The one number that changes what a homeowner should know right now: the Real Estate Data Aggregator counted a 14.3% price gain in ZIP 97703 for the three months ending August 31, 2026. That is more than ten times the 1.3% price gain the National Association of Realtors reported for the whole country in September 2026. Fewer homes for sale is the main reason prices moved that much here.

The Real Estate Data Aggregator put the median sale price in ZIP 97703 at $1,200,000 for those three months. That is up 14.3% from the same period a year before. Nationally, the National Association of Realtors measured only a 1.3% gain. The local number is doing something very different from the national one.

Supply fell hard, and that matters for pricing

The Real Estate Data Aggregator counted only 240 homes for sale in ZIP 97703, down 22.8% from the same three months in 2025. New listings fell 21.7% over the same stretch. Months of supply dropped to 3.4, which is 1.4 months less than a year ago. Less supply with steady demand tends to support prices. That is what the numbers show here.

The national picture looks different. The National Association of Realtors counted 1.60 million homes for sale across the country in September 2026. Realtor.com reported active listings up 6.7% from a year ago, the fastest pace since February. So nationally, supply is growing. In ZIP 97703, it is shrinking.

Sales went up, but not every home sold fast

The Real Estate Data Aggregator counted 215 homes sold in ZIP 97703 for the three months ending August 31, 2026. That is up 8% from a year before. More homes sold, which is a good sign. Not every home moved quickly, though. The median days on market was 37 days, two days longer than the same period last year. Not every home sold fast, and that is worth knowing before you price yours.

The Real Estate Data Aggregator put the average sale-to-list ratio at 98% for the three months ending August 31, 2026. That is up 0.5 points from a year before. Most homes sold close to their asking price. The share that sold above list price rose to 13.5%, up 7 points year over year. That tells you some homes drew real competition, though most did not.

Mortgage rates add another layer for buyers

Freddie Mac put the average 30-year fixed rate at 7.40% as of October 8, 2026. The 15-year fixed averaged 6.73% the same week. Realtor.com noted that mortgage rates reached their highest level in nearly three years around that date. Higher rates mean buyers have less room to stretch on price, which can slow decisions. That is worth keeping in mind when you set expectations on timing.

The National Association of Realtors counted 3.99 million existing-home sales nationally in September 2026. CNBC reported that pending sales were down 8.5% year over year in September, citing Zillow. Those are national signals. In ZIP 97703, pending sales came in at 208 for the three months ending August 31, 2026, according to the Real Estate Data Aggregator. That is down just 1.4% from a year before, a much smaller drop than the national figure.

A quick look at the full picture

One more thing worth saying plainly: these numbers cover all of ZIP 97703. One street can read very differently from the ZIP code as a whole. A block with newer homes, a view, or a different school zone can tell a completely different story. The ZIP code average is a starting point, not a final answer for your address.