2026 Real Estate Outlook

Dated: January 12 2026

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2026 Real Estate Outlook: What I’m Seeing Across Bellevue, Redmond, Issaquah & Sammamish

As we move into 2026, I’m having very different conversations with buyers and sellers than I was just a couple of years ago. The Central Puget Sound real estate market has shifted—quietly but meaningfully—and for those paying attention, there are real opportunities on both sides.

Rather than extremes, this year is about balance, strategy, and clarity. Here’s what I’m seeing across Bellevue, Redmond, Issaquah, and Sammamish.


A More Balanced Market Is Taking Shape

After several years of tight inventory and rushed decision-making, the Eastside market feels healthier in 2026. We’re seeing more homes come on the market, more reasonable timelines, and pricing that reflects today’s conditions rather than yesterday’s urgency.

Buyers finally have options—and time to evaluate them. Sellers, meanwhile, are still benefiting from strong demand, but success now depends on pricing correctly and presenting the home well, not just listing and waiting.

This is a market that rewards preparation.


Interest Rates Have Moderated—and That’s Changed the Tone

One of the most noticeable shifts I’ve seen is how buyers are responding to interest rates compared to the peak we experienced in late 2023.

Rates have moderated and stabilized, which has brought predictability back into the process. Buyers are no longer frozen by uncertainty. Instead, they’re planning, getting pre-approved, and moving forward with confidence because they can clearly understand their options and long-term costs.

For sellers, this has meant a more consistent pool of qualified buyers and smoother transactions overall. Stability has been a positive force in 2026.


Bellevue: Still Strong, Just More Strategic

Bellevue continues to be one of the most resilient markets on the Eastside. Demand remains strong thanks to employment centers, infrastructure, and limited land availability.

What’s different in 2026 is that buyers are more selective. Homes that are well-located, well-priced, and well-presented are selling well. Homes that miss the mark on pricing or condition take longer—and the market provides quick feedback.


Redmond: More Choice Than We’ve Seen in Years

Redmond remains highly desirable due to its tech presence, expanding downtown, and transit access. Inventory has increased, particularly in newer developments and townhome communities, giving buyers more choice than they’ve had in some time.

Homes near parks, employers, and light rail continue to perform well, but buyers now have room to compare and negotiate rather than rush.


Issaquah: Lifestyle, Space, and Opportunity

Issaquah continues to attract buyers looking for space, access to nature, and a strong community feel—often at a more approachable price point than neighboring Eastside cities.

With more inventory available in 2026, buyers have opportunities here that simply didn’t exist a few years ago. Sellers are still seeing solid interest, especially from buyers relocating from denser or higher-priced areas.


Sammamish: A Shift Toward Balance

Sammamish remains highly desirable for its neighborhoods and schools, but the market has shifted toward balance. Buyers have more leverage than in the past, while sellers see the best results when homes are thoughtfully prepared and priced accurately.

In this market, details matter. Presentation, timing, and strategy make a real difference.


Inventory Has Changed the Conversation

One of the biggest changes across the Eastside is increased housing inventory. More homes on the market means buyers can be selective—and sellers need to compete on value.

We’re seeing fewer bidding wars and more negotiated outcomes. That’s not a negative; it’s a sign of a market that’s functioning normally again.


What I’m Advising Buyers in 2026

  • Take advantage of increased selection

  • Get fully pre-approved early

  • Focus on neighborhood-level trends—each area behaves differently

What I’m Advising Sellers in 2026

  • Price based on today’s market, not last year’s headlines

  • Invest in presentation—it matters more than ever

  • Work with someone who understands the nuances of each Eastside community


Final Thoughts

Real estate in 2026 isn’t about chasing the market—it’s about understanding it.

With interest rates moderating from their late-2023 peak, inventory increasing, and buyer confidence returning, we’re in a season where thoughtful planning and local expertise create the best results.


Thinking About Buying or Selling This Year?

If you’re considering a move in Bellevue, Redmond, Issaquah, or Sammamish—or you simply want to understand what your home is worth in today’s market—I’d be happy to help.

📍 Every neighborhood behaves differently, and good decisions start with good information.
📞 Reach out anytime for a personalized market conversation, no pressure and no obligation.

I’m always glad to share what I’m seeing locally and help you decide what makes sense for you.

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Lara Germino Dunn

I would love to chat with you about any real estate needs you may have, whether it be buying, selling, investing, or just getting some advice. Our team is experienced and knowledgeable, and we pride o....

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