Weekly King County Market Watch
In King County, the market is clearly gaining momentum as we move toward spring. Active listings climbed to 4,349 homes, up 4.6% week over week, supported by another strong influx of new listings. Buyer activity remains healthy, with pending sales rising 6.2%, while closed sales held relatively steady after a strong prior stretch. Pricing continues to show strength: the average sold price jumped 10.2% this past week to $1.15M, and the median sold price rose to $945K, signaling renewed confidence at the higher end of the market. The average price per square foot also increased, reinforcing upward pricing pressure. Active pricing remains stable, with the median active price holding at $820K. Homes are still selling very close to asking price, now averaging 100% of list, though days on market have ticked up slightly, reflecting a more balanced but competitive environment. Overall, King County is entering the spring season with growing inventory, strong buyer engagement, and improving sale prices, creating favorable conditions for well-positioned sellers and motivated buyers alike.
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.
