The housing market in King County is hot this summer. Interest rates range between 2.5% and 2.99%, and this is bringing buyers out in force, so there is lots of pent up buyer demand. More sellers listed their homes last month and pending sales increased. With low inventory, prices are continuing upward, and low-interest rates are increasing buyers' purchasing power. Ultimately great opportunities for both buyers and sellers.

If you’re thinking about buying or selling a home soon, it's important to have a good understanding of what’s going on in the King County market. Knowing the most important data such as the average sales price, the number of homes sold, and days on market will better prepare you. Our market report showcases the most important things you need to know about local real estate trends.