the seattle rennie advance | October 2024

highlights • N ew M LS listingsrosein Septem berto3,477.Thiswasan increaseof14% from August,which w asgreaterthan thetypicalA ugust-to-Septem berincreaseof0.7% .O n ayear-over-yearbasis, new listingswereup 25%. • N ew listingsactivity rem ained below itstypicalSeptem berlevel,how ever,dow n 6% relativeto theprior10-yearSeptem beraverageof3,684 new listings. • N ew single-fam ilylistingswere14% below theirprior10-yearSeptem beraverage(to 2,214), whilenew townhom elistingswere23% aboveaverage(to639)and new condolistingswere8% aboveaverage(to 600).

KINGCOUNTY THERENNIEADVANCE new listings

SEPTEMBER 2024

4,000

+ 21% vsSep 2023

3,000

2,000

2,582 10 yrSep Avg

2,214

1,000

SINGLE-FAMILY HOME new listings

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

- 14% vs10yrSep Avg

● Septem ber ﹍ 10 yrSeptem berAverage

800

+ 30% vsSep 2023

600

639

400

522 10 yrSep Avg

200

TOWNHOME new listings

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

+ 23% vs10yrSep Avg

● Septem ber ﹍ 10 yrSeptem berAverage

800

+ 35% vsSep 2023

600

600

400

557 10 yrSep Avg

200

CONDO new listings

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

+ 8% 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. 4 ●

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