Weekly King County Market Watch
King County finished November on a positive and encouraging note, highlighting the steady strength of the market even in a seasonally quieter time of year. Inventory continued to tighten as fewer new homes came to market, helping keep supply in check and supporting home values. While new listings were lighter for most of the month, activity picked up in the final week as motivated sellers stepped in ahead of year-end. Buyer engagement remained consistent throughout the month, with pending sales holding steady and closed sales rebounding toward the end of November after a brief holiday slowdown. Pricing held up well, with both average and median sale prices finishing the month higher than earlier in November, and price per square foot also trending upward. While homes are taking a bit longer to sell, this reflects a healthy, more balanced pace rather than market hesitation. Overall, November closed with solid fundamentals, stable values, and clear signs of continued buyer and seller confidence as we head into winter.
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.
