Real Estate Market

These interactive charts help visualize important year-over-year real estate statistics such as the number of active listings, new listings entered during the month, pending sales, closed sales, and months of inventory.

Access data for individual counties by using the drop-down filter menu. You may download and share or publish these charts and infographics with appropriate attribution.

Active Listings

There was a 29.8% increase in total number of properties listed for sale year-over-year, with 14,795 active listings on the market at the end of October 2024, compared to 11,403 at the end of October 2023. When compared to last month, active inventory decreased by 953 listings (-6.05%), down from 15,748 in September 2024.

The number of homes for sale increased throughout the NWMLS coverage area, with 23 out of 26 counties seeing a double-digit year-over-year increase. The counties with highest increases in active inventory for sale were Grant (+54.6%), Clark (+49.7%), Pacific (+48%), Clallam (+42.5%), Chelan (+40.9%), Lewis (+35.6%), and King (+35.4%).

Use the drop-down menu in the chart below to view the available inventory counts in each county:

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New Listings

NWMLS brokers added 7,726 new listings to the database in October 2024, an increase of 26% compared to October 2023 (6,134).

The six counties with the largest increase in the number of new listings added to the NWMLS database last month were Cowlitz (53.6%), Clark (+52.9%), Kittitas (+44.9%), Clallam (+44.3%), Grant (+44.1%), and Skagit (+42.9%).   

Use the drop-down menu in the chart below to view the number of new listings added in each county:

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Pending Sales

There were 7,199 total residential units & condo units under contract in October 2024, an increase of 26.7% when compared to October 2023 (5,684).

21 out of 26 counties saw a year-over-year increase in the number of pending listings, with the highest year-over-year increases in Douglas (+110%), Okanogan (+107.4%), Clark (+84.9%), San Juan (+81.3%), Kittitas (+42.6%), Columbia (+40%), and Pierce (+36.3%).

Use the drop-down menu in the chart below to view the pending sales in each county:

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Closed Sales

The number of closed sales transactions increased by 22.5% year-over-year (6,479 in October 2024 compared to 5,291 in October 2023). 22 out of 26 counites saw an increase in the number of closed sales year-over-year. The total dollar value of closed sales in October 2024 for residential homes was $4,766,092,472 and was $499,012,797 for condominiums ($5,265,105,268 in total), an increase of 33.4% when compared to October 2023.

Use the drop-down menu in the chart below to view the number of closed sales in each county:

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Months of Inventory

A balanced market is considered to be 4 to 6 months by most industry experts. At the current rate of sales, it would take less than two and a half months (2.28) to sell every home that is active in the NWMLS inventory. The six counties with the lowest months of inventory in October 2024 were Snohomish (1.53), Thurston (1.77), King (1.98), Kitsap (1.99), Pierce (2.06), Clallam (2.27), and Skagit (2.36).

Use the drop-down menu in the chart below to view the months of inventory in each county:

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Median Price

Overall, the median price for residential homes and condominiums sold in October 2024 was $650,000, an increase of nearly 8% when compared to October 2023 ($602,000). When compared to last month, the median price increased by 2.4%, from $635,000 in September 2024. The three counties with the highest median sale prices were King ($865,000), San Juan ($825,000), and Snohomish ($753,000), and the three counties with the lowest median sale prices were Ferry ($112,500), Pacific ($330,625), and Grant ($341,782).

Use the drop-down menu in the chart below to view the median sales price in each county:

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Market Snapshot Video