highlights • A fterboth realizing m onth-over-m onth decreasesin June,them edian sold priceforsingle-fam ily hom esand condosrose2% and 1.0%,respectively,in July.Townhom epricesdipped by2.0% between Juneand July. • July’ssingle-fam ily hom epricesw ere12% abovelastyear,m arking fiveyear-over-year double-digitincreasesin thelastsixm onths.Townhom eand condopriceswereboth up by8%, each registering ten m onthsofconsecutiveyear-over-yearincreases. •
KINGCOUNTY THERENNIEADVANCE median prices
JULY 2024
$1,200,000
KingCounty
$1,000,000
$1,050,000
$800,000
$600,000
+ 12% vsJul2023
$400,000
SINGLE-FAMILY HOME median salesprice
$200,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● July
KingCounty
$800,000
$782,000
$600,000
$400,000
+ 8% vsJul2023
TOWNHOME median salesprice
$200,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● July
$600,000
KingCounty
$500,000
$490,000
$400,000
$300,000
+ 8% vsJul2023
$200,000
CONDO median salesprice
$100,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● July
Inform ation and statisticsderived from NorthwestM ultipleListingService. Copyright© 2024ren iegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofAugust1,2024.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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