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Cashmere Market Update: September 2026 — More Choices, More Room to Negotiate

Writer: Harold Jones
Harold Jones
5 days ago
2 min read


Cashmere had a busy September. Eight new residential listings came on the market, up from just two last September, and seven homes closed, up from five. Pending sales rose to five from four. Small-town numbers swing hard month to month, so here's the year-to-date view as well: 85 new listings through September (up 26.9%) and 43 closed sales (up 26.5%). More homes are listing, and more are selling.

Prices

The September median sale price came in at $637,000, up 13.8% from $559,900 a year ago. The average was $628,629, up 10.3%. With only seven sales in the month, the year-to-date median is the steadier measure: $575,000, up 2.7%. Values in Cashmere are holding firm and edging up. They are not surging.

Negotiation is back on the table

The number worth watching is percent of list price received. September sellers got 96.0% of list on average, down from 99.4% last year. Homes also took longer to sell: 62 days on market versus 53. For buyers, that means room to negotiate on price, repairs, or terms. For sellers, it means pricing right from day one matters more than it did a year ago.

Inventory

Twenty-eight homes were for sale at the end of September, the same as last year. Because sales picked up, months of supply dropped to 5.7 from 7.0. That's close to balanced territory, where neither buyers nor sellers hold all the cards.

The year so far

Looking at January through September, single-month medians in Cashmere have ranged from $420,000 to $875,000, which is normal for a market with only a handful of sales each month. The year-to-date median tells the clearer story: it has held between $509,000 and $575,000 since April. Homes for sale roughly doubled in the spring, from 12–17 in the first quarter to about 30 by April, and months of supply peaked at 8.0 in April before easing to 5.7 as sales caught up.

What it means for you

  • Buying in Cashmere: You have more to choose from than a year ago and more leverage once you find the right home. Make offers based on the data, not on the asking price alone.

  • Selling in Cashmere: Buyers are active, but they're comparing. Homes that are priced well and show well are the ones selling. Overpricing now costs you days on market and, usually, a bigger reduction later.

Thinking about a move in Cashmere or anywhere in North Central Washington? Call or text me at (509) 679-8974 or email office@jonescompanyre.com. I'm happy to walk through what these numbers mean for your home or your search.

Harold L. Jones, Designated Broker, Jones & Company. Real Estate

Source: Northwest Multiple Listing Service, residential, September 2026 vs. September 2025. Data current as of October 1, 2026.

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