Eastside Maison

Barb Pexa July | August 2022

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King County, WA Single-Family Homes Real-Time Market Profile Median List Price $1,099,000 Median Price of New Listings $900,000 Per Square Foot $489 Average Days on Market 33 Median Days on Market 21 Price Decreased 34% Price Increased 1% Relisted 2% Inventory 2,801 Median Rent $3,510 Market Action 75 Strong Seller's Market This week the median list price for King County, WA is $1,099,000 with the market action index hovering around 75. This is less than last month's market action index of 92. Inventory has held steady at or around 2,801. Market Action Index This answers "How's the Market?" by comparing rate of sales versus inventory. Buyer's Market Seller's Market 0 10 20 30 40 50 60 70 80 90 100 T o da y T L a s t M o n t h L a s t M o n t h 75 75 Strong Seller's Market Median List Price 7-Day Average 90-Day Average Jul 2019 Dec 2019 Apr 2020 Aug 2020 Dec 2020 Apr 2021 Aug 2021 Dec 2021 Apr 2022 $800K $1.0M $1.2M $600K $1.4M Market Segments Each segment below represents approximately 25% of the market ordered by price. Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM $2,420,000 3,681 0.25 - 0.5 acre 4 3.3 23 58 118 28 $1,350,000 2,610 8,000 - 10,000 sqft 4 2.5 37 75 149 21 $899,000 2,250 6,500 - 8,000 sqft 4 2.5 42 75 149 21 $649,992 1,740 6,500 - 8,000 sqft 3 2 49 129 178 21 Jul 12 2022 Altos Research

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