highlights • N ew M LS listingsdeclined in Augustto3,046.Thiswasadecreaseof7% m onth-over-m onth, which wasslightlysm alerthan thetypicalJuly-to-Augustdeclineof9%.
KINGCOUNTY THERENNIEADVANCE new listings
• N ew listingsactivity rem ained below itstypicalA ugustlevel(dow n 17% versusthepast-decade Augustaverageof3,659),though itwas18% higheron ayear-over-yearbasis.
• Al hom etypessaw above-averagenew listings:townhom enew listingswerebyfarthem ost elevated at43% abovetheprior10-yearaverage,whilesingle-fam ilyand condo new listingswere 14% and 7% higher,respectively.
AUGUST2024
4,000
+ 14% vsAug2023
3,000
2,000
2,567 10 yrAugAvg
1,948
1,000
SINGLE-FAMILY HOME new listings
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 24% vs10yrAugAvg
﹍ 10yrAugustAverage
● August
800
+ 43% vsAug2023
600
627
400
514 10 yrAugAvg
200
TOWNHOME new listings
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 22% vs10yrAugAvg
﹍ 10yrAugustAverage
● August
800
+ 7% vsAug2023
600
400
549 10 yrAugAvg
444
200
CONDO new listings
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 19% vs10yrAugAvg
﹍ 10yrAugustAverage
● August
Inform ation and statisticsderived from NorthwestM ultipleListingService. Copyright© 2024ren iegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofSeptem ber3,2024.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. 4 ●
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