February 2022 King County Market Update

Prices continue to trend upward as multiple offer situations are “the norm” for buyers.

📈 The median sales price in King County was up nearly 12 percent in King County year-over-year.

📉 Inventory was down 36 percent year-over-year in King County.

📈 There were 99 new condos listed and 54 closed sales in Area 701 (Belltown, Downtown, Pioneer Square, and part of South Lake Union).
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💬 Please reach out if you have any questions or would like to chat about navigating the market. We’re ready to help and lend our expertise.⁣⁣⁣
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