highlights • Therewere1,250closed M LS salesacros KingCountyin January,up 12% from January2024. O utsideofthepasttwoyears,thiswasthefewestsalesin them onth ofJanuaryin adecade. • Al hom etypessaw activityup on ayear-over-yearbasisin January:townhom esales(+23% ,to 273),detached hom es(+12%,to770),and condos(+1.6%,to193). • Saleswere22% below theprior10-yearJanuaryaverageof1,602.Single-fam ilyhom esaleswere thefurthestbelow average(-29%),folowed bycondos(-17%),whiletownhom esaleswere m arginalyhigher(+0.5%).
KINGCOUNTY THERENNIEADVANCE sales
JANUARY2025
3,500
+ 12% vsJan 2024
3,000
2,500
2,000
1,084 10 yr Jan Avg
1,500
1,000
SINGLE-FAMILY HOME sales
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500 770
- 29% vs10yrJan Avg
﹍ 10 yrJanuaryAverage
● January
+ 23% vsJan 2024
800
600
272 10 yr Jan Avg
400
TOWNHOME sales
200
273
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 0.5% vs10yrJan Avg
﹍ 10 yrJanuaryAverage
● January
800
+ 1.6% vsJan 2024
600
400
234 10 yr Jan Avg
200
CONDO sales
193
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 17% vs10yrJan Avg
﹍ 10 yrJanuaryAverage
● January
Inform ation and statisticsderived from NorthwestM ultipleListingService. Copyright© 2025renniegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofFebruary3,2025.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 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online