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)