King County homes under contract, July 2026

2,013 King County homes were under contract at the end of July 2026, down 17.0% from a year earlier. The count has run between 1,228 (January 2019) and 4,176 (June 2021).
Pending sales are the earliest read on demand in this data. A closed sale is a decision made thirty to forty-five days ago and a price index is slower still; a pending sale is a buyer who committed this month. It is the demand-side twin of new listings, and the two together explain the inventory number better than inventory explains itself.
It is a count of contracts, not of closings — some share falls through on financing or inspection and never becomes a sale. Seasonal, and not seasonally adjusted, so compare with the same month a year earlier.
Source: Realtor.com residential listings, King County WA (FIPS 53033), via FRED PENLISCOU53033. Auto-generated each build.