PNW - Seattle & Puget Sound Real Estate Market Trends Q1- 2024

Puget Sound Quarterly Real Estate Insights:

Navigating Market Challenges: First Quarter 2024 Market Trends Report

The first quarter of 2024 mirrors the challenges of the preceding year, characterized by persistent hurdles such as elevated interest rates dissuading potential buyers and limited inventory levels. However, as we anticipate the forthcoming spring sales season, poised to stimulate increased market activity, it's imperative to assess the performance of the market during this period. Our comprehensive "Market Trends From Around the Sound" report offers a retrospective analysis of key metrics across 16 distinct communities within the Puget Sound region. Delve into a year-to-year comparison encompassing crucial indicators like median sales price, average days on market, and inventory levels, providing invaluable insights into the dynamics shaping the real estate landscape.

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Eastside Q1 - 2024 Market Report

King County Q1 - 2024 Market Report

Seattle Q! - 2024 Market Report

Snohomish County Q1 - 2024 Market Report

In the first quarter of 2024, the local real estate market witnessed familiar challenges, including persistently high interest rates and constrained inventory levels. Despite these obstacles, signs of resilience and anticipation for the upcoming spring sales season are evident. To explore detailed statistics and trends for Seattle, Eastside, Mercer Island, Bainbridge Island, and surrounding counties, and gain deeper insights into the evolving real estate landscape.