Following the recovery of Peregrine Falcons (Falco peregrinus), the US Fish and Wildlife Service began a process to allow “take” (capture) of wild peregrines for falconry in the United States. Recently, that effort involved generating updated estimates of the collective abundance of the three North American peregrine subspecies: F. p. anatum, F. p. tundrius, and F. p. pealei (Peale's Peregrine Falcon). Because of the more limited distribution of F. p. pealei, we conducted an analysis specific to its geographic range. We analyzed data from a long-term banding and resighting program on three beaches on the southern coast of Washington, USA, to estimate the annual abundance of migrating and overwintering F. p. pealei, using the capture histories of 250 Peregrine Falcons, nearly all of which were captured during 1277 vehicle surveys between 1995 and 2024. Because we studied an open population of migratory individuals, we used a zero-inflated Poisson log-normal mark-resight model to estimate annual abundance. For the analyses, we partitioned our survey data into sighting periods, each of which extended from 1 September of one year to 31 May of the next. We anticipated that first-year F. p. pealei would be identified for falconry take, and our annual abundance estimates for first-year birds of this subspecies ranged from a high of 24.8 ± 6.1 (SE) individuals in the 2014–2015 sighting period to a low of 1.9 ± 1.4 individuals in the 2023–2024 sighting period. Peregrine Falcon abundance varied annually and appeared to decline during the last two sighting periods. Our sighting rate of marked peregrines was negatively associated with Bald Eagle (Haliaeetus leucocephalus) encounter rate. There was a lesser relationship to human activity, and we suspect the change in sighting rate was a behavioral response by Peregrine Falcons to the threat of kleptoparasitism by Bald Eagles. We currently lack comprehensive information about the natal origin of the individual peregrines in our study area, which prevented us from assessing the degree to which falconry take from the pool of falcons migrating to or through Washington might potentially impact local or regional abundances. Although a better understanding of natal origins is needed, our data add clarity to the migration and overwinter abundance of F. p. pealei on the Washington coast and may inform decisions about the take of this subspecies for falconry.