King CountySnohomish CountyPierce CountyChelan County

Market Update

King County

Q2 2023

Residential Property Snapshot

Single Family Homes & Condos | Q2 2023
Med. Sales Price
$850k
5% less than in
Q2 2022
Avg. Days On Market
25
150% more than in
Q2 2022
Closed Sales
3,920
56% fewer than in
Q2 2022
Inventory
2,646
Data unavailable for
Q2 2022

Sales Price vs. Closed Sales

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q2 Last 5 Years
Closed
New
Inventory

Closed Sales by Price

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q2 2023

Median Sales Price vs. Average Days on Market

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q2 Last 5 Years
By Year
By Price

Market Data by Year

Single Family Homes & Condos

  • Single Family Homes
  • Condos

 |  Q2 2023

Rotate your device to view as table
'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.
-53%
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
-56%
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.
150%

42 Communities

Communities

Auburn

Median
$635k
DOM
35
Sales
125
Inv
69

Bellevue

Median
$1.47m
DOM
30
Sales
248
Inv
171

Bothell

Median
$1.08m
DOM
19
Sales
96
Inv
36

Burien

Median
$655k
DOM
21
Sales
79
Inv
60

Carnation

Median
$1m
DOM
63
Sales
7
Inv
4

Clyde Hill

Median
$4.72m
DOM
46
Sales
8
Inv
6

Covington

Median
$673k
DOM
33
Sales
36
Inv
28

Des Moines

Median
$580k
DOM
20
Sales
49
Inv
36

Duvall

Median
$925k
DOM
24
Sales
29
Inv
36

Enumclaw

Median
$556k
DOM
29
Sales
34
Inv
19

Fall City

Median
$820k
DOM
35
Sales
9
Inv
1

Federal Way

Median
$570k
DOM
22
Sales
176
Inv
74

Hobart

Median
$920k
DOM
39
Sales
8
Inv
10

Hunts Point

Median
$4.2m
DOM
37
Sales
2
Inv
3

Issaquah

Median
$1.14m
DOM
27
Sales
87
Inv
37

Kenmore

Median
$1.01m
DOM
20
Sales
51
Inv
21

Kent

Median
$630k
DOM
18
Sales
159
Inv
93

Kirkland

Median
$1.34m
DOM
26
Sales
211
Inv
105

Lake Forest Park

Median
$905k
DOM
12
Sales
25
Inv
5

Maple Valley

Median
$737k
DOM
15
Sales
62
Inv
25

Medina

Median
$4.58m
DOM
83
Sales
4
Inv
17

Mercer Island

Median
$2.18m
DOM
33
Sales
50
Inv
31

Milton

Median
$590k
DOM
18
Sales
15
Inv
10

Newcastle

Median
$1.15m
DOM
15
Sales
26
Inv
23

Normandy Park

Median
$1.1m
DOM
17
Sales
11
Inv
10

North Bend

Median
$1.15m
DOM
47
Sales
28
Inv
13

Osceola

Median
$850k
DOM
32
Sales
9
Inv
6

Pacific

Median
$585k
DOM
40
Sales
10
Inv
2

Ravensdale

Median
$1.6m
DOM
2
Sales
1
Inv
3

Redmond

Median
$1.18m
DOM
16
Sales
77
Inv
38

Renton

Median
$723k
DOM
20
Sales
155
Inv
87

Sammamish

Median
$1.54m
DOM
20
Sales
118
Inv
82

SeaTac

Median
$535k
DOM
23
Sales
39
Inv
16

Seattle

Median
$856k
DOM
26
Sales
1,310
Inv
1,028

Shoreline

Median
$800k
DOM
15
Sales
95
Inv
59

Skykomish

Median
n/a
Sales
0
Inv
0

Snoqualmie

Median
$1.22m
DOM
23
Sales
47
Inv
20

Tukwila

Median
$465k
DOM
21
Sales
25
Inv
15

Union Hill-Novelty Hill

Median
$1.53m
DOM
8
Sales
38
Inv
31

Vashon

Median
$840k
DOM
19
Sales
21
Inv
21

White Center

Median
$720k
DOM
21
Sales
23
Inv
21

Woodinville

Median
$1.2m
DOM
18
Sales
23
Inv
11

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Data provided by Northwest MLS. All information is deemed reliable but not guaranteed. Data is based on the closed date as of Jun 30, 2023 end of day. This report was last updated Jul 7, 2023.

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