highlights • O n am onth-over-m onth basis,KingCountysaw an increaseof1.9% in m edian sold prices (averaged acros hom etypes).Them edian detached priceforsingle-fam ilyhom eswasdown 4% (to$915k),whiletownhom epriceswereup 3% (to$775k)and condopriceswereup 6% (to $480k). • O n ayear-over-yearbasis,K ing County saw an increaseof2% in m edian sold prices(averaged acros hom etypes).Single-fam ilyhom epriceswere3% higherin Januaryrelativeto thesam e m onth lastyear,whiletownhom epriceswere6% higherand condopriceswere1.6% lower. •
KINGCOUNTY THERENNIEADVANCE median prices
JANUARY2025
$1,200,000
KingCounty
$1,000,000
$915,000
$800,000
$600,000
+ 3% vsJan 2024
$400,000
SINGLE-FAMILY HOME median salesprice
$200,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● January
KingCounty
$800,000
$775,000
$600,000
$400,000
+ 6% vsJan 2024
TOWNHOME median salesprice
$200,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● January
$600,000
KingCounty
$500,000
$480,000
$400,000
$300,000
- 1.6% vsJan 2024
$200,000
CONDO median salesprice
$100,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● 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. 6 ●
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