Use recent sale ranges to set realistic expectations
You are trying to decide how wide your search should be so you do not miss the right home. My answer set your range based on what is actually closing, then tour fast and write clean when the match appears. If you only remember one closed data point right now, make it this a typical sold price was $937,500 last month for Normandy Park, WA.
The practical impact is that recent closings showed a wide spread, from $175,000 on the low end to $4,500,000 on the high end over the last three months. That tells me your best leverage comes from being specific about your must-haves, because "Normandy Park" covers multiple price and property types. Looking at recent closed activity, ten properties closed over the last three months. A typical price per square foot over that same recent period was $425, while last month's typical price per square foot was $544. Action steps Build your search filter around a realistic price-per-foot band for the type of home you are targeting, not just the list price. Before you tour, decide which tradeoffs you will accept on size, lot, or condition so you can move quickly when a home checks the right boxes. When you find the one, keep your offer terms simple and easy to accept, because not all negotiation details were reported for this period. Some metrics were not reported for this period. That means I cannot point to a typical sale timeline or a typical discount from asking, so I focus your plan on readiness and clarity instead of trying to time the market.