July 2024 Washington real estate markets are improving despite high interest rates

37.7% increase in the total number of listed properties. (from July 2023)

5.9% increase in the number of closed sales. (from July 2023)

2.29 months of inventory. (4-6 months considered “balanced”)

5.7% increase in the median home price. (includes condos)

  • Highest median sales price: King County - $880,000, (2nd Snohomish County - $775,000)

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What buyer’s face in today’s market