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The median list price of homes in the US is $435,000; the median price of newlistings is $435,900. Vacancy rates from 2003 to 2024 (Source: Census Bureau ) As of February 2025, the national median rent price is $1,375. The average days homes stay on the market is 117 days; the median days on market is 77 days.
This report analyzes the sales figures, average prices, the number of active listings, and listings under contract for both 2023 and 2022. Average prices for closed sales increased by 10% Lowest number of homes listed in over two decades, decreased by 12% The number of homes placed under contract (pending) decreased by 16.4%
The number of newlistings of all home types (single-family, townhome and condo) in King County climbed 6.4% (1866 units) from January to February, as expected, and total inventory at the start of March (2064) was 111% higher than a year ago. each month between 2003 and 2022.)
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