Active and sold inventory remains stable while pending inventory took a significant drop due to interest rate hikes that have affected the market in King County. Days on market have remained stable for the past 3 weeks along with the median sale price, with the median active list price taking a slight drop from the week prior.

Contact me today to set up a consultation in person or virtually to learn more about market conditions, Compass Concierge, and how I can leverage our nationwide network to source buyers to sell your home for more money.

Chris Doucet

Founding Broker in Seattle
M: 206.819.4663
chris.doucet@compass.com

Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

The market saw an increase of new listings over the past two weeks that has eased some of the market conditions in King County for buyers. However, it is still highly competitive with many homes still seeing multiple offers going above the asking price.