King County's housing market tilted further toward buyers in July. Active listings and months of inventory both climbed to their highest levels in available data back to 2013, and condos crossed into buyers' market territory for the first time on record. Sales were down on a year-over-year basis once again—the steepest drop of any month this year—and cumulative sales from January to July were at their lowest count in available data for comparable periods.
The seattle rennie advance is a summary of the latest sales, listings, and price trends in King County. It is produced at the beginning of each month and it reflects the latest market data.
Our rennie intelligence division comprises our chief economist, senior demographer, market analysts, and business intelligence analysts. Together, they empower individuals, organizations, and institutions with data-driven market insights and analyses. 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 support a comprehensive advisory service and forms the basis of frequent reports and public presentations, covering the Vancouver, Victoria, Kelowna, Seattle, Coachella Valley and San Diego marketplaces. Their thoughtful and objective approach embodies the core values of rennie.
