highlights • Therewere1,288M LS closed salesin KingCountyin D ecem ber,which wasdown 19% from N ovem ber’s1,582 salesand of-kilterfrom thetypicalm onth-to-m onth contraction of2%.This w asthefew estsalesin any m onth sinceJanuary,w hen therew ere1,061 sales. • Salesofeach ofresidentialhom esand condosweredown 19% in D ecem bercom pared to N ovem ber,with countsof991 and 297,respectively.Thosecountsalsofel below thepast10-year averageforeach hom etype,with residentialsales49% lowerand condos44% shyoftheir respectivelong-run average • Overal,therewere22,473salesin KingCountyin 2023,25% below 2022and thelowestcountin atleastthepastdecade.
KINGCOUNTY THERENNIEADVANCE sales
DECEMBER 2023
3,500
- 14% vsD ec2022
3,000
2,500
2,000
1,948 10 yrDecAvg
1,500
1,000
RESIDENTIAL sales
991
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 500
- 49% vs10yrD ecAvg
● December ﹍ 10 yrD ecem berAverage
1,250
- 10% vsD ec2022
1,000
750
535 10 yrDecAvg
500
CONDOMINIUM sales
250
297
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0
- 44% vs10yrD ecAvg
● December ﹍ 10 yrD ecem berAverage
1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500
- 13% vsD ec2022
2,483 10 yrDecAvg
TOTAL sales
1,288
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 500
- 48% vs10yrD ecAvg
● December ﹍ 10 yrD ecem berAverage
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