highlights • O n am onth-over-m onth basis,King Countysaw adecreaseof4% in m edian sold prices(averaged acros hom etypes).Them edian detached priceforsingle-fam ilyhom eswasdown 1.6%,while townhom epricesweredown4% andcondopricesweredown6%. • Single-fam ilyhom epriceswere13% higherin O ctoberrelativeto thesam em onth lastyear,while townhom epriceswere1.4% higherand condopriceswere5% higher. •
KINGCOUNTY THERENNIEADVANCE median prices
OCTOBER 2024
$1,200,000
KingCounty
$1,000,000
$1,020,000
$800,000
$600,000
+ 13% vsOct2023
$400,000
SINGLE-FAMILY HOME median salesprice
$200,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● October
KingCounty
$800,000
$750,000
$600,000
$400,000
+ 1.4% vsOct2023
TOWNHOME median salesprice
$200,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● October
$600,000
KingCounty
$500,000
$485,000
$400,000
$300,000
+ 5% vsOct2023
$200,000
CONDO median salesprice
$100,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● 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. 6 ●
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