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The numbers are in for our July market! Find out what they say in today’s message.

Welcome back to my blog!

We’re at about the midway point of July and a little over the midway point of the year, which makes now a good time to check back on our King, Pierce, and Snohomish County market.

Let’s run through the year-over-year numbers for July. Cited below for your convenience are timestamps that will direct you to various points in the video:

0:29 - King County:

  • Active listings are currently at 5,931—a 31.71% jump from this time last year

  • Closed sales are at 3,357—a 4.14% drop year over year

  • The median sales price is $637,000—down 1.9% from a year ago

  • The median sales price for Seattle is $729,000—down 1.36% from a year ago

  • The median sales price for the Eastside is $875,000—up 1.74% from a year ago

  • The average Seattle home is spending 26 days on market—a 73.3% increase

  • The average Eastside home is spending 30 days on market—a 66.7% increase

  • The median sales price for Seattle condos is $494,000—down 6.24% year over year

  • The median sales price for Eastside condos is $420,000—down 2.33% year over year

1:09 - Snohomish County:

  • Active listings are currently at 2,163—an 18.13% jump from this time last year

  • Closed sales are at 1,447—a 5.18% drop year over year

  • The median sales price is $488,000—up 0.81% from a year ago

  • The average Snohomish County home is spending 22 days on market—a 46.7% increase

1:54 - Pierce County:

  • Active listings are currently at 2,045—an 8.17% decrease from this time last year

  • Closed sales are at 1,622—an 8.47% drop year over year

  • The median sales price is $372,000—up 7.36% from a year ago

  • The average Pierce County home is spending 24 days on market—a 20% increase

If you have any questions for me or you’d like to know what buying or selling opportunities are out there for you, please reach out to me. I look forward to speaking with you!