highlights • Therewere1,881closed M LS salesin KingCountyin Septem ber,a17% decline m onth-over-m onth thatwasgreaterthan thetypicalAugust-to-Septem berdeclineof10%. Sales weredown 2% relativetoSeptem ber2023 (1,925 sales). • Thism arked theslowestSeptem berforsalesgoingback to atleast2013.Relativeto theprior 10-yearSeptem beraverageof2,928 sales,activitywas36% below average. • Condo salesin Septem berwerethefurthestbelow average,down 47% to 231 sales.Single-fam ily hom esaleswere37% below average(to1,306)whiletownhom esaleswere22% below (to321).
KINGCOUNTY THERENNIEADVANCE sales
SEPTEMBER 2024
3,500
- vsSep 2023
3,000
2,500
2,000
2,063 10 yrSep Avg
1,500
1,000
1,306
SINGLE-FAMILY HOME sales
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500
- 37% vs10yrSep Avg
● Septem ber ﹍ 10 yrSeptem berAverage
- 5% vsSep 2023
800
600
414 10 yrSep Avg
400
321
TOWNHOME sales
200
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 22% vs10yrSep Avg
● Septem ber ﹍ 10 yrSeptem berAverage
800
- 12% vsSep 2023
600
400
433 10 yrSep Avg
200
CONDO sales
231
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 47% vs10yrSep Avg
● Septem ber ﹍ 10 yrSeptem berAverage
Inform ation and statisticsderived from NorthwestM ultipleListingService. Copyright© 2024ren iegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofOctober1,2024.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. 3 ●
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