Seattle rennie review - May 2022

king county CONDO - APRIL 2022

MEDIAN PRICE

AVERAGE PRICE

AVERAGE PSF PRICE

HOMES FOR SALE

CLOSED SALES

MONTHS OF INVENTORY

MARKET SUMMARY ›

38 % DOWN 15% UP

12 % UP

13 % UP

11 % DOWN

0.8 SELLERS’

The number of condo homes for sale in King County, at 551, was up 17% month-over-month, and was 38% below last year. April’s condo closed sales, at 717, were 1% below last month, and 11% lower than last year. There was 0.8 months of inventory for condos in April, reflecting seller’s market conditions. The condo median sold price in April was $530,000, down 4% month-over-month, and up 15% year-over-year. The average sold price was $633,866 with an average PSF sales price of $587 (down 2% for both, vs March).

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AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND ›

CLOSED SALES

HOMES FOR SALE

MEDIAN PRICE





    



 



 

















HOMES FOR SALE & CLOSED SALES BY PRICE RANGE

NUMBER OF BEDROOMS ›

CLOSED SALES

HOMES FOR SALE

MONTHS OF INVENTORY

CLOSED SALES HOMES FOR SALE



  







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Copyright © 2021 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of May 10, 2022. All data from Northwest Multiple Listing Serivce & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 5

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