king county
CONDO FEBRUARY
AVERAGE PRICE
AVERAGE PSF PRICE 2 % UP
MEDIAN PRICE
HOMES FOR SALE 38 % UP
CLOSED SALES
MONTHS OF INVENTORY
MARKET SUMMARY ›
3 % UP
1.6 % UP
14 % UP
1.5 SELLER’S
The number of condo homes for sale in King County, at 842, was down 0.8% month-over-month but 38% above last year. February’s condo closed sales, at 577, were 26% above last month and 14% higher than last year. There was 1.5 months of inventory for condos in February, reflecting seller’s market conditions. The condo median sold price in February was $439,000, up 7% month-over-month and 1.6% higher year-over-year. The average sold price was $528,898 with an average PSF sales price of $477 (up 4% and 1.9%, respectively, vs January).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 849 458 1.9
% Change
No. 610 508 1.20
% Change
HOMES FOR SALE
842 577 1.5
-0.8% 26% -21%
38% 14% 22% 1.6%
CLOSED SALES
MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$439,000 $410,000 $528,898 $510,448
7% $432,000 4% $511,810
3% 2%
$477
$468
1.9%
$466
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND ›
CLOSED SALES
HOMES FOR SALE
MEDIAN PRICE
$450,000
$432,000 $430,000
$410,000 $439,000
$410,000 $412,995
1,583
1,467
1,110
944
901
842
610
806
674
629
577
508
505
419
KING COUNTY
SEATTLE
HOMES FOR SALE & CLOSED SALES BY PRICE RANGE
NUMBER OF BEDROOMS ›
›
CLOSED SALES
HOMES FOR SALE
MONTHS OF INVENTORY
CLOSED SALES HOMES FOR SALE
SELLER'S MARKET
BALANCED
120
3+ bdrms
BUYER'S MARKET
96
292
2 bdrms
382
165
. . . . 0 0 0 0
<2 bdrms
364
MONTHS OF INV. CLOSED SALES HOMES FOR SALE
Copyright © 2021 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of March 4, 2021. All data from Northwest Multiple Listing Serivce & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 5
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