Market Update

These four graphics show December 2024 real estate market updates for different areas in King County, Washington - specifically Bellevue, Issaquah, King County overall, and Sammamish. Each infographic presents key metrics including median sales prices (ranging from $885,000 in King County to $1,835,000 in Bellevue), closed sales, average days on market, new listings, homes for sale, pending sales, and months of inventory. While each area shows distinct trends, some common patterns emerge: most areas are seeing relatively low inventory levels (0.9-1.3 months), median list-to-sales price ratios are consistently high (98-99.5%), and there are notable variations in market activity with some areas showing significant increases in new listings (Issaquah up 125%) while others show decreases in closed sales (Issaquah down 44.8%). The data is sourced from NWMLS and presented by Keller Williams Bellevue.