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The Seattle Rennie Advance | August 2024

Sales in King County’s housing market remained well below their longer-run averages in July.
July 31, 2024

Sales in King County’s housing market remained well below their longer-run averages in July, but bucked the typical decline between June and July to register a small month-over-month increase. This wasn’t able to slow down inventory growth, however, with all home types seeing a considerable month-over-month increase in active listings.
 
The rennie advance is a monthly publication which includes a brief summary of the latest regional housing sales and listing activity, produced the same morning as the data is released.
 
Our rennie intelligence team comprises our senior economist, market analysts, and business intelligence analysts. Together, they empower individuals, organizations, and institutions with data-driven market insight and analysis. Experts in real estate dynamics, urban land economics, the macroeconomy, shifting demographics, and data science, their industry-leading data acquisition, analytical systems, and strategic research supports a comprehensive advisory service and forms the basis of frequent reports and public presentations, covering the Vancouver, Kelowna, Victoria, and Seattle marketplaces. Their thoughtful and objective approach embodies the core values of rennie.