king county CONDO APRI L
AVERAGE PRICE
AVERAGE PSF PRICE
MEDIAN PRICE
HOMES FOR SALE 4 % DOWN
CLOSED SALES
MONTHS OF INVENTORY
MARKET SUMMARY ›
12 % UP
12 % UP
8 % UP
92 % UP
1.1 SELLER’S
The number of condo homes for sale in King County, at 868, was up 1.0% month-over-month but 4% below last year. April’s condo closed sales, at 810, were 12% above last month and 92% higher than last year. There was 1.1 months of inventory for condos in April, reflecting seller’s market conditions. The condo median sold price in April was $465,000, down 1.9% both month-over-month but up 8% year-over-year. The average sold price was $567,766 with an aver- age PSF sales price of $519 (relatively unchanged and up 2%, respectively, vs March).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 859 721 1.2
% Change
No. 905 421 2.15
% Change
HOMES FOR SALE
868 810 1.1
1.0% 12% -10%
-4% 92% -50%
CLOSED SALES
MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
$465,000 $474,000 $567,766 $568,011
-1.9% $430,000 0.0% $505,572
8%
12% 12%
AVERAGE PRICE PSF
$519
$507
2%
$465
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND ›
CLOSED SALES
HOMES FOR SALE
MEDIAN PRICE
$450,000
$438,875 $465,000
$430,000 $410,000 $412,995
$410,000
1,573
1,473
1,111
925
905
879
868
806
810
674
630
590
505
421
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
150
3+ bdrms
BUYER'S MARKET
104
408
2 bdrms
396
252
. . . . 0 0 0 0
<2 bdrms
368
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 May 11, 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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