highlights • Thenum berofclosed M LS salesin KingCountyreached 1,534in February,which wasup 45% from January.Thisfar-outpaced thetypicalJanuary-to-February increaseof18% . • O n ayear-over-yearbasis,saleswere1.7% lowerthan February2023’stotalof1,561.N otably, residentialhom esrealized adecreaseof6% w hilecondo salesw ereup 12% com pared to lastyear. • Com pared to thepast-decadeaverage,salesin King Countywere21% below thetypicalFebruary count.Thiswasfairlyconsistentacros hom etypesasresidentialhom eswere23% below their historicalaverageand condoswere16% lower.
KINGCOUNTY THERENNIEADVANCE sales
FEBRUARY 2024
3,500
- 6% vsFeb2023
3,000
2,500
2,000
1,450 10 yrFebAvg
1,500
1,000
RESIDENTIAL sales
1,120
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500
- 23% vs10yrFebAvg
﹍ 10 yrFebruaryAverage
● February
1,250
+ 12% vsFeb2023
1,000
750
493 10 yrFebAvg
500
CONDOMINIUM sales
414
250
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 16% vs10yrFebAvg
﹍ 10 yrFebruaryAverage
● February
1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500
- 2% vsFeb2023
1,943 10 yrFebAvg
1,534
TOTAL sales
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500
- 21% vs10yrFebAvg
﹍ 10 yrFebruaryAverage
● February
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