December 2022 Puget Sound Real Estate Market Snapshot

How did we end the real in real estate? King County inventory is up 300% to 1.2 month from December 2021 creating better opportunities for buyers. Closed sales in the entire MLS declined by 23% from a record 2021 however, compared to 2018 through 2020 sales closed sales were off by 13%. Snohomish County had the biggest increase in average sales price by 15.5% while King County single family homes and condos increased by 8.9% year over year…

Year End Central Puget Sound Statistics. Click on the image to enlarge:

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This Month In Real Estate - July 2017, Seattle, WA - Local Graphics and National Video

KIRKLAND, Washington (Aug. 7, 2017) - New figures from Northwest Multiple Listing Service indicate home sales and prices, like July's temperatures, sizzled. Prices area-wide rose slightly more than 9 percent from a year ago, but several counties near job centers saw larger price increases, including King County where the median price jumped 18.6 percent.

The latest report confirmed what most buyers and brokers know: inventory shortages persist even though MLS members added slightly more new listings last month than the same period a year ago.

And now, the national perspective: