king county CONDO JUNE
AVERAGE PRICE
AVERAGE PSF PRICE
MEDIAN PRICE
HOMES FOR SALE
CLOSED SALES
MONTHS OF INVENTORY
MARKET SUMMARY ›
24 % DOWN
15 % UP
12 % UP
14 % UP
76 % UP
1.0 SELLER’S
The number of condo homes for sale in King County, at 847, was down 0.1% month-over-month and 24% below last year. June’s condo closed sales, at 889, were 16% above last month and 76% higher than last year. There was 1.0 months of inventory for condos in June, reflecting seller’s market conditions. The condo median sold price in June was $469,000, up 4% month-over-month and up 14% year-over-year. The average sold price was $567,360 with an aver- age PSF sales price of $506 (up 5% and down 0.4%, respectively, vs May).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 848 768 1.1
% Change
No.
% Change
HOMES FOR SALE
847 889 1.0
-0.1% 1,118
-24% 76% -57% 14% 15% 12%
CLOSED SALES
16% -14%
505 2.21
MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$469,000 $450,000 $567,360 $541,411
4% $410,000 5% $493,776
$506
$508
-0.4% $453
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND ›
CLOSED SALES
HOMES FOR SALE
MEDIAN PRICE
$450,000
$439,000 $460,000 $469,000
$410,000
$410,000 $412,995
1,572
1,472
1,118
923
889
887
865
847
809
806
674
630
592
505
KING COUNTY
SEATTLE
HOMES FOR SALE & CLOSED SALES BY PRICE RANGE
NUMBER OF BEDROOMS ›
›
CLOSED SALES
HOMES FOR SALE
MONTHS OF INVENTORY
CLOSED SALES HOMES FOR SALE
SELLER'S MARKET
BALANCED
160
3+ bdrms
BUYER'S MARKET
121
495
2 bdrms
373
234
. . . . 0 0 0 0
<2 bdrms
353
MONTHS OF INV. CLOSED SALES HOMES FOR SALE
Copyright © 2021 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of July 14, 2021. All data from Northwest Multiple Listing Serivce & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 5
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