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 31.4% increase in total number of properties listed for sale year-over-year, with 15,748 active listings on the market at the end of September 2024, compared to 11,983 at the end of September 2023. When compared to last month, active inventory increased by 295 listings (1.9%), up from 15,453 in August 2024.

The number of homes for sale increased throughout the NWMLS coverage area, with 22 out of 26 counties seeing a double-digit year-over-year increase. The counties with highest increases in active inventory for sale were Douglas (+67.8%), Pacific (+42.2%), Clallam (+41.6%), Grant (+40.5%), and San Juan (+39.8%).

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

---

New Listings

NWMLS brokers added 8,508 new listings to the database in September 2024, an increase of 12.7% compared to September 2023 (7,551).

The six counties with the largest increase in the number of new listings added to the NWMLS database last month were Grant (+42.5%), Douglas (+37%), Jefferson (+32.5%), Clallam (+28.6%), Island (+20.3%), and San Juan (+20%).  

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

---

Pending Sales

There were 7,165 total residential units & condo units under contract in September 2024, an increase of 13.5% when compared to September 2023 (6,312). When compared to last month, pending sales decreased by 362 transactions (-4.8%), with 7,527 pending sales in August 2024.

19 out of 26 counties saw a year-over-year increase in the number of pending listings, with the highest year-over-year increases in Adams (+57.1%), Douglas (+41.7%), Clallam (+35.2%), Mason (+31.3%), and Pacific (+27.7%).

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

---

Closed Sales

The number of closed sales transactions increased by 1.9%year-over-year (5,828 in September 2024 compared to 5,722 in September 2023). 11 out of 26 counites saw an increase in the number of closed sales year-over-year, while 15 saw a decrease. The total dollar value of closed sales in September 2024 for residential homes was $4,177,145,470 and was $414,383,323 for condominiums, an increase of 8.1% when compared to September 2023.

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

---

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 a little over two and a half months (2.70) to sell every home that is active in the NWMLS inventory. The six counties with the lowest months of inventory in September 2024 were Snohomish (1.62), Kitsap (1.93), Thurston (2), Pierce (2.34), Skagit (2.37) and Walla Walla (2.59).

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

---

Median Price

Overall, the median price for residential homes and condominiums sold in September 2024 was $635,000, an increase of 5.8% when compared to September 2023 ($600,000). When compared to last month, the median price decreased by 1.55%, from $645,000 in August 2024. The three counties with the highest median sale prices were King ($859,995), San Juan ($829,000), and Snohomish ($760,000), and the three counties with the lowest median sale prices were Ferry ($209,500), Adams ($270,000), and Columbia ($325,000).

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

---

Market Snapshot Video