Southwest King County Housing Update - Resale Only
SALES ACTIVITY INTENSITY™ SCALE
6.06%
4.13%
4.35%
2.89%
UNBELIEVABLE
INTEREST
RATES
3.18%
MONTHS
SUPPLY SCALE
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Source: NWMLS - Resale only
CURRENT INTEREST RATE
© 2024 John L. Scott Real Estate
2024 Mid-Year Housing Forecast
Residential real estate activity follows a yearly pattern; however, it is important to identify the nuances when looking to purchase or sell a home. Our Mid-Year Housing Forecast highlights
1. What does the Sales Activity Intensity™ have to do with pricing?
2. What’s ahead for the number of new resale listings? 3. Who’s moving in today’s market?
VIEW MID-YEAR HOUSING FORECAST
Key Market Indicators JULY 2024 (JUNE RECAP)
Your County Assessor’s office conducts periodic property valuations to help determine the amount of property tax. Property value notifications are generally sent out in the summer months, and as a homeowner, you have a short appeal period if you believe your individual property valuation is too high. Property taxes for the 2024 valuation cycle are to be paid in 2025. Please reach out if you have any questions.
2024 Property Tax Valuation Cycle Notification
July 1, 2024 Source: Mortgage News Daily
7.14%