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April 2026 · Archive

6 multifamily permits. $35K in price gains. These are the same story.

The Lead

Washington County issued 224 building permits in January — best January in two years. Six of those were multifamily. Six. Down from 70 in September.

↗ What's Moving

  • 224 total permits (+23% YoY)
    Two straight months above 200. The market did not slow after December.
  • 218 single-family permits (+20% YoY)
    97% of all January permits went to single-family. Builders are doubling down.
  • 6 multifamily units
    Third month in five at or below 6. September was 70.
  • $634K median listing price in March
    Up $35,000 in 90 days — while inventory also rose.

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