January 2023 King County NWMLS Market Update šŸ“Šā£ā£ā£

šŸ“ˆ At the current rate of sales, it would take two and a quarter months to sell every home that is active in King County.

šŸ“ˆ The median sales price for King County was $732,000ā€”up 0.42 percent from January 2022.

šŸ“ˆThe median sales price in Seattle for single family homes was up to nearly $804,000ā€”a 1.74 percent increase from a year ago.

šŸ“ˆ There were 61 new condos listed, 42 pending, and 19 closed sales in Area 701 (Belltown, Downtown, Pioneer Square, and part of South Lake Union).
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šŸ’¬ Please reach out if you have any questions or would like to chat about navigating the market. Weā€™re ready to help and lend our expertise!



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