highlights • O n am onth-over-m onth basis,KingCountysaw adecreaseof3.8% in m edian sold prices (averaged acros hom etypes).Them edian detached priceforsingle-fam ily hom esw asflatlast m onth,whiletownhom epricesweredown 5.4% and condopricesweredown 6.1%. • Single-fam ilyhom epriceswere8% higherin Augustthan thesam em onth lastyear,while townhom epriceswere3% higher.M edian condopricesfel overthepast12 m onths,by3%. •
KINGCOUNTY THERENNIEADVANCE median prices
AUGUST2024
$1,200,000
KingCounty
$1,000,000
$1,050,000
$800,000
$600,000
+ 8% vsAug2023
$400,000
SINGLE-FAMILY HOME median salesprice
$200,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● August
KingCounty
$800,000
$739,950
$600,000
$400,000
+ 3% vsAug2023
TOWNHOME median salesprice
$200,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● August
$600,000
KingCounty
$500,000
$460,000
$400,000
$300,000
- 3% vsAug2023
$200,000
CONDO median salesprice
$100,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● 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. 6 ●
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