highlights • Closed M LS salesacros KingCountyweredown 12% m onth-over-m onth in Decem ber,to1,632, which wasgreaterthan thetypicalN ovem ber-to-Decem bersalesdeclineof4% . • Saleswereup 21% relativetoD ecem ber2023 (1,346 sales),m arkingtheninth m onth thisyear thatsaleshaveexceeded prior-yearlevels.A l hom etypessaw activity increaseyear-over-year,led bysingle-fam ilyhom es(+14%,to1,038)and folowed bytownhom es(+41%,to332)and condos (+29%,to246). • Fortheful-year2024,therewere24,895M LS salesin KingCounty,a10% increaseover2023 butstil 25% below thepast-decadeaverageof33,156,and thesecond-lowesttotalsince2013.
KINGCOUNTY THERENNIEADVANCE sales
DECEMBER 2024
3,500
+ 14% vsD ec2023
3,000
2,500
2,000
1,675 10 yrDecAvg
1,500
1,000
SINGLE-FAMILY HOME sales
1,038
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500
- 38% vs10yrD ecAvg
● December ﹍ 10 yrD ecem berAverage
+ 41% vsD ec2023
800
600
364 10 yrDecAvg
400
332
TOWNHOME sales
200
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 9% vs10yrD ecAvg
● December ﹍ 10 yrD ecem berAverage
800
+ 29% vsD ec2023
600
400
332 10 yrDecAvg
200
CONDO sales
246
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 26% vs10yrD ecAvg
● December ﹍ 10 yrD ecem berAverage
Inform ation and statisticsderived from NorthwestM ultipleListingService. Copyright© 2025renniegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofJanuary6,2025.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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