highlights • Them edian sold pricefluctuated acros hom etypesin June,faling 7% from M ayforsingle-fam ily hom esand 4% forcondos.Townhom epricesroseslightly,astheyincreased by0.2%,and in doing so,setanotheral-tim ehigh. • Thestreak ofconsecutiveyear-over-yearincreasesin pricescontinued in June,although atam ore m uted pacecom pared to recentm onths.Single-fam ilyhom epriceswere5% abovelastyear (representingeightconsecutivem onthsofsuch increases).Townhom eand condopriceswere10% and 6% abovelastyear,respectively,m arking nineconsecutivem onthsofpricegrowth forboth hom etypes.
KINGCOUNTY THERENNIEADVANCE median prices
JUNE 2024
•
$1,200,000
KingCounty
$1,000,000
$1,025,000
$800,000
$600,000
+ 5% vsJun 2023
$400,000
SINGLE-FAMILY HOME median salesprice
$200,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● June
KingCounty
$800,000
$795,000
$600,000
$400,000
+ 10% vsJun 2023
TOWNHOME median salesprice
$200,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● June
$600,000
KingCounty
$500,000
$489,000
$400,000
$300,000
+ 6% vsJun 2023
$200,000
CONDO median salesprice
$100,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● 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. 6 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online