the seattle rennie advance | December 2024

highlights • O n am onth-over-m onth basis,KingCountysaw adecreaseof0.3% in m edian sold prices (averaged acros hom etypes).Them edian detached priceforsingle-fam ilyhom eswasdown 1.0% (to$998K),whiletownhom epriceswereflat(at$750K)and condopriceswereflat(at$475K). • Single-fam ilyhom epriceswere9% higherin N ovem berrelativeto thesam em onth lastyear, whiletownhom epriceswere4% higherand condopriceswere3% higher. •

KINGCOUNTY THERENNIEADVANCE median prices

NOVEMBER 2024

$1,200,000

KingCounty

$1,000,000

$998,000

$800,000

$600,000

+ 9% vsN ov2023

$400,000

SINGLE-FAMILY HOME median salesprice

$200,000

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0

● November

KingCounty

$800,000

$750,000

$600,000

$400,000

+ 4% vsN ov2023

TOWNHOME median salesprice

$200,000

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0

● November

$600,000

KingCounty

$500,000

$475,000

$400,000

$300,000

+ 3% vsN ov2023

$200,000

CONDO median salesprice

$100,000

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0

● November

Inform ation and statisticsderived from NorthwestM ultipleListingService. Copyright© 2024ren iegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofDecem ber2,2024.W hiletheinform ationanddatacontainedhereinhasbe n obtained from sourcesde m ed reliable,ac uracycannotbeguarante d.renniegroup ofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipientoftheinform ationshould takestepsastherecipientm ayde m neces arytoverifytheinform ationpriortoplacingany relianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfrom arennieandas ociatesadvisor.Alinform ationissubjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim e withoutnoticeorobligationtotherecipientfrom renniegroupofcom panies.E.&O.E. 6 ●

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