Leave a Message

Thank you for your message. We will be in touch with you shortly.

Market News

Median Sales Prices Up, Average Days on Market Just Over 2 Weeks

NWMLS Statistics / March 2024

According to the Northwest Multiple Listing Service, for the Washington counties covered by NWMLS, March 2024 saw an 11.2% decrease in the number of closed sales year-over-year, although median sales prices have continued to steadily rise with a year-over-year increase of 7.5%.

  • The median sales price of homes increased in 19 out of 26 counties and decreased in 7 counties relative to March 2023. The three counties with the highest median sale prices for combined single-family and condominiums were King ($850,000), San Juan ($750,000) and Snohomish ($730,000). The three counties with the lowest median sale prices were Pacific ($347,500), Grant ($325,000) and Columbia ($274,000).

  • The number of homes on the market increased throughout Washington with 20 out of 26 counties seeing a year-over-year increase. Overall, there was a 1.16% year-over-year increase in active property listings in Washington counties covered by NWMLS.

 

King County Single-Family Homes Update


Snohomish County Single-Family Homes Update

 

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.

Work With Us

Dedicated to guiding you through every step of your real estate journey with expertise, passion, and personalized service.

CONTACT US