Yep. There is a spring selling season and it matters. In fact, the average increase in value from January to April from 2020 to 2024 was 15.9%! The average increase from May to December was -6.6% over the same period. While the average value increase from the whole year January to December is 7.9% for those 5 years. Therefore, there is certainly a spring frenzy. The 2nd & 3rd charts below tracks the last 3 years of the average price in King County. The price builds in the spring until we hit a summer lull and slides through the winter. Then rinse and repeat. In addition, often get a bump before school starts in the fall. Interested in your home value? Call me today to put my 25 years of real estate expertise to work!
Median Sales Price King County Single Family Residential
Median Sales Price Chart in King County from 2022 through 2024: