Washington Real Estate Market Update

Check out the current trends in the Washington Real Estate Market with statistics courtesy of the Northwest MLS

Leland Cameron

12/30/20241 min read

Washington Real Estate Market Update and Seattle Skyline before new waterfront
Washington Real Estate Market Update and Seattle Skyline before new waterfront

Washington Real Estate Market Update

In November 2024, The Washington Real Estate market for residential homes was slightly more positive than in 2023. The average sales price increased by 5.6% and there were over 1,600 more houses for sale compared to the previous year. We saw a 22% jump in pending sales with a slight increase in sell vs list price. The average days on market for a home to sell was a bit higher, at 39 days but without a drop in sales prices - meaning sellers are holding out to get close to their listed price with some negotiations.

If you would like to learn more about the local real estate market in your area, just send me a message and I would be happy to share the newest real estate statistics and trends!