August 2022 King County NWMLS Market Update šā£ā£ā£
š Buyers continue to have more opportunities with increased inventory levelsāInventory was up over 167.74 percent in King County from a year ago.
šThe August median sales price in King County was up 5.6 percent year-over-year.
šThe median sales price in Seattle for single family homes was up nearly 6 percent from last year.
š There were 77 new condos listed and 47 closed sales in Area 701 (Belltown, Downtown, Pioneer Square, and part of South Lake Union).
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š¬ Please reach out if you have any questions or would like to chat about navigating the market. Weāre ready to help and lend our expertise.ā£ā£ā£