highlights • N ew M LS listingsfel to979 in D ecem ber,a35% decreasem onth-over-m onth thatwasin line with thetypical36% N ovem ber-to-D ecem berdecline. • N ew listingswerehigheron ayear-over-yearbasis(+21%),led bytownhom es(+28%,to357), folowed bysingle-fam ilyhom es(+21%,to562),and condos(+8%,to153).
KINGCOUNTY THERENNIEADVANCE new listings
• Therewere34,345new listingsin KingCountyin 2024.Thiswas24% m orethan in 2023,though stil 12% below thepast-decadeaverageof38,889,and thesecond-lowesttotalsince2013.
DECEMBER 2024
4,000
+ 21% vsD ec2023
3,000
2,000
826 10 yrDecAvg
1,000
SINGLE-FAMILY HOME new listings
562
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 32% vs10yrD ecAvg
● December ﹍ 10 yrD ecem berAverage
800
+ 28% vsD ec2023
600
400
220 10 yrDecAvg
200
TOWNHOME new listings
255
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 16% vs10yrD ecAvg
● December ﹍ 10 yrD ecem berAverage
800
+ 8% vsD ec2023
600
400
180 10 yrDecAvg
200
CONDO new listings
153
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 15% 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. 4 ●
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