highlights • An uptick in new M LS listingstostarttheyearcontinued intoFebruary,with 2,558 hom esbeing listed forsale.Thiswas33% higherthan in Januaryand 40% aboveFebruary2023. • Both hom etypescontributed to theincreasein new listings,with residentialhom esup 38% versus lastm onth and 37% versuslastyear,whilecondoswereup 22% and 49%,respectively. • D espitenew listingsbeing 3% below thepast-decadeFebruary average,thisw astheclosestany onem onth’sinventorycounthasbeen to itsrespectivepast-decadeaveragesinceSeptem ber 2022.Furtherm ore,when splitbyhom etypes,new condolistingswereactualy7% abovetheir historicalaverage(w hilenew residentiallistingsw ere6% low er).
KINGCOUNTY THERENNIEADVANCE new listings
FEBRUARY 2024
+ 37% vsFeb2023
4,000
3,000
1,999 10 yrFebAvg
2,000
1,881
RESIDENTIAL new listings
1,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 6% vs10yrFebAvg
﹍ 10 yrFebruaryAverage
● February
1,200
+ 49% vsFeb2023
1,000
800
600
633 10 yrFebAvg
677
400
CONDOMINIUM new listings
200
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 7% vs10yrFebAvg
﹍ 10 yrFebruaryAverage
● February
+ 40% vsFeb2023
5,000
4,000
3,000
2,632 10 yrFebAvg
2,558
2,000
TOTAL new listings
1,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 3% vs10yrFebAvg
﹍ 10 yrFebruaryAverage
● February
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