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Market News

King & Snohomish Median Sales Prices Up

NWMLS Statistics / February 2024

According to the NWMLS, the real estate market has remained slow in accordance with typical seasonal patterns, with expected increases in activity as winter transitions into spring. For the Washington counties covered by NWMLS, February 2024 saw a nearly 2% decrease in closed sales transactions year-over-year, although median prices have continued to rise with a year-over-year increase of nearly 6%.
The median sales price of homes increased in 19 out of 26 counties. The three counties with the highest median sale prices were King, Snohomish, and San Juan. See the breakdown for King and Snohomish Counties below:

King County

 

 

Snohomish County

 

If you’re considering listing your home for sale or are curious about what your home may be worth in this market, click here to learn more.

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