highlights • Afterfivem onthsofconsecutivem onth-over-m onth increases,new M LS listingsfel 14% in June (to3,621).Com pared toJune2023,lastm onth’scountwas15% higher,m arkingsixconsecutive m onthsofyear-over-yearincreases. • Junerepresented tw o yearsofnew listingsbeing below theirpast-decadeaverage,asthey w ere 17% below thatbenchm ark;thisisalargerdeficitthan in Apriland M ay,when new listingswere only9% and 4% below theirrespectivelong-run averages.Asfornew listingsacros hom etypes, single-fam ily hom esand condosw ere26% and 4% below theirpast10-yearaverages,respectively, whiletownhom eswere11% above.
KINGCOUNTY THERENNIEADVANCE new listings
JUNE 2024
4,000
+ 10% vsJun 2023
3,000
2,000
2,350
3,156 10 yrJun Avg
1,000
SINGLE-FAMILY HOME new listings
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 26% vs10yrJun Avg
﹍ 10yrJuneAverage
● June
800
+ 27% vsJun 2023
600
648
400
584 10 yrJun Avg
200
TOWNHOME new listings
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 11% vs10yrJun Avg
﹍ 10yrJuneAverage
● June
800
+ 25% vsJun 2023
600
588
400
615 10 yrJun Avg
200
CONDO new listings
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 4% vs10yrJun Avg
﹍ 10yrJuneAverage
● June
Inform ation and statisticsderived from NorthwestM ultipleListingService. Copyright© July2,2024renniegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofJuly2,2024.W hiletheinform ationanddatacontainedhereinhasbe n obtained from sourcesde m ed reliable,ac uracycannotbeguarante d.renniegroup ofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipientoftheinform ationshould takestepsastherecipientm ayde m neces arytoverifytheinform ationpriortoplacingany relianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfrom arennieandas ociatesadvisor.Alinform ationissubjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim e withoutnoticeorobligationtotherecipientfrom renniegroupofcom panies.E.&O.E. 4 ●
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