highlights • Closed M LS salesacros KingCountywereup considerablyto2,333 in O ctober,a22% m onth-over-m onth increase,w hich w ascounterto thetypicalseasonalpat ern offlatsales between Septem berand O ctober. • Salesw ereup 26% relativeto O ctober2023 (1,856 sales),m arking thelargestyear-over-year increasesinceJune2021.A l hom etypessaw activity up year-over-year,led by single-fam ily ho. • Salesrem ained 20% below theirprior10-yearO ctoberaverage(of2,928),with condosthe furthestbelow average(-29%),folowed bysingle-fam ilyhom es(-21%)and townhom es(-11%).
KINGCOUNTY THERENNIEADVANCE sales
OCTOBER 2024
3,500
+ 31% vsOct2023
3,000
2,500
2,000
2,091 10 yrOctAvg
1,500
1,661
1,000
SINGLE-FAMILY HOME sales
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500
- 21% vs10yrOctAvg
﹍ 10 yrO ctoberAverage
● October
+ 10% vsOct2023
800
600
406 10 yrOctAvg
400
361
TOWNHOME sales
200
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 11% vs10yrOctAvg
﹍ 10 yrO ctoberAverage
● October
800
+ 18% vsOct2023
600
400
411 10 yrOctAvg
292
200
CONDO sales
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 29% vs10yrOctAvg
﹍ 10 yrO ctoberAverage
● October
Inform ation and statisticsderived from NorthwestM ultipleListingService. Copyright© 2024ren iegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofNovem ber1,2024.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 ●
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