highlights • O n am onth-over-m onth basis,King Countysaw adecreaseof3% in m edian sold prices(averaged acros hom etypes).Them edian detached priceforsingle-fam ilyhom eswasdown 5% (to$950K), whiletownhom epriceswereflat(at$750K)and condopricesweredown 5% (to$453K). • Single-fam ilyhom epriceswere6% higherin D ecem berrelativeto thesam em onth lastyear,while townhom epriceswere2% higherand condopriceswere4% lower. •
KINGCOUNTY THERENNIEADVANCE median prices
DECEMBER 2024
$1,200,000
KingCounty
$1,000,000
$950,000
$800,000
$600,000
+ 6% vsD ec2023
$400,000
SINGLE-FAMILY HOME median salesprice
$200,000
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● December
KingCounty
$800,000
$750,000
$600,000
$400,000
+ 1% vsD ec2023
TOWNHOME median salesprice
$200,000
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● December
$600,000
KingCounty
$500,000
$453,000
$400,000
$300,000
- 4% vsD ec2023
$200,000
CONDO median salesprice
$100,000
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● December
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. 6 ●
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