Market Update
King County
Q1 2023
Residential Property Snapshot
Single Family Homes & Condos | Q1 2023
Med. Sales Price
$760k
5% less than in
Q1 2022
Q1 2022
Avg. Days On Market
48
200% more than in
Q1 2022
Q1 2022
Closed Sales
3,930
38% fewer than in
Q1 2022
Q1 2022
Inventory
1,838
Data unavailable for
Q1 2022
Q1 2022
Sales Price vs. Closed Sales
Single Family Homes & Condos
- Single Family Homes
- Condos
Closed
New
Inventory
Closed Sales by Price
Single Family Homes & Condos
- Single Family Homes
- Condos
Median Sales Price vs. Average Days on Market
Single Family Homes & Condos
- Single Family Homes
- Condos
By Year
By Price
Market Data by Year
Single Family Homes & Condos
- Single Family Homes
- Condos
| Q1 2023
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'22 - '23
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
n/a
New Listings
New Listings represents the number of properties listed during the quarter.
-39%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
n/a
Closed Sales
-38%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
200%
Auburn
Median
$575k
DOM
57
Sales
141
Inv
40
Bellevue
Median
$1.38m
DOM
56
Sales
247
Inv
137
Bothell
Median
$1.14m
DOM
38
Sales
138
Inv
32
Burien
Median
$600k
DOM
47
Sales
78
Inv
32
Carnation
Median
$910k
DOM
90
Sales
7
Inv
2
Clyde Hill
Median
$4.68m
DOM
89
Sales
7
Inv
9
Covington
Median
$610k
DOM
52
Sales
49
Inv
21
Des Moines
Median
$540k
DOM
65
Sales
57
Inv
16
Duvall
Median
$853k
DOM
52
Sales
26
Inv
18
Enumclaw
Median
$550k
DOM
55
Sales
48
Inv
14
Fall City
Median
$860k
DOM
7
Sales
1
Inv
2
Federal Way
Median
$540k
DOM
42
Sales
189
Inv
45
Hobart
Median
$800k
DOM
36
Sales
16
Inv
10
Hunts Point
Median
n/a
Sales
0
Inv
2
Issaquah
Median
$674k
DOM
53
Sales
72
Inv
23
Kenmore
Median
$1.2m
DOM
50
Sales
49
Inv
14
Kent
Median
$600k
DOM
48
Sales
177
Inv
56
Kirkland
Median
$998k
DOM
42
Sales
201
Inv
85
Lake Forest Park
Median
$910k
DOM
29
Sales
16
Inv
6
Maple Valley
Median
$690k
DOM
37
Sales
61
Inv
18
Medina
Median
$4.56m
DOM
86
Sales
8
Inv
9
Mercer Island
Median
$2.15m
DOM
41
Sales
44
Inv
42
Milton
Median
$550k
DOM
61
Sales
17
Inv
5
Newcastle
Median
$1.22m
DOM
62
Sales
30
Inv
13
Normandy Park
Median
$839k
DOM
23
Sales
6
Inv
2
North Bend
Median
$1.19m
DOM
47
Sales
34
Inv
19
Osceola
Median
$531k
DOM
96
Sales
12
Inv
4
Pacific
Median
$525k
DOM
16
Sales
12
Inv
1
Ravensdale
Median
$1.48m
DOM
44
Sales
3
Inv
0
Redmond
Median
$1.02m
DOM
48
Sales
73
Inv
19
Renton
Median
$669k
DOM
39
Sales
164
Inv
55
Sammamish
Median
$1.5m
DOM
61
Sales
107
Inv
43
SeaTac
Median
$550k
DOM
55
Sales
33
Inv
13
Seattle
Median
$785k
DOM
44
Sales
1,225
Inv
746
Shoreline
Median
$755k
DOM
40
Sales
109
Inv
41
Skykomish
Median
n/a
Sales
0
Inv
0
Snoqualmie
Median
$1.06m
DOM
50
Sales
25
Inv
9
Tukwila
Median
$625k
DOM
66
Sales
14
Inv
15
Union Hill-Novelty Hill
Median
$1.37m
DOM
54
Sales
51
Inv
16
Vashon
Median
$855k
DOM
53
Sales
17
Inv
13
White Center
Median
$585k
DOM
65
Sales
22
Inv
11
Woodinville
Median
$1.14m
DOM
50
Sales
23
Inv
7