Proposed Settlement by the National Association of REALTORS®


Many of you may have heard about this over the last week. Sadly there is A LOT of misinformation out there. I’ve given it a lot of thought and think that the NWMLS’s statement summarizes it best for the majority of Washington State:

“NWMLS is owned by its member real estate firms and not affiliated with NAR.

Beginning in 2019, and continuing in 2022, NWMLS made changes to its rules, forms, and processes that address the issues raised by the national litigation and outlined in the proposed settlement agreement. NWMLS’s changes enhanced transparency, consumer choice, and negotiation opportunities related to broker compensation.

NWMLS’s most recent efforts, in cooperation with Washington REALTORS®, culminated in revisions to the Washington state “Agency Law” that were effective January 1, 2024. As a result, Washington law already requires brokers to enter into a services agreement to represent a buyer, which is one of the primary “practice changes” in the proposed settlement agreement.

While NWMLS’s system of rules and forms, together with the revised Agency Law, provide both buyers and sellers with complete transparency, choice, and control of broker compensation, NWMLS and its members will continue to take advantage of every opportunity to enhance the quality of real estate brokerage services in the Northwest.”

Watch this 30 second video that highlights what Washington REALTORS® recently did to advocate for more transparency in real estate.

4/23/24 Update: Judge Bough granted the Plaintiffs’ Motion for Preliminary Approval of this agreement, which means that the settlement agreement is preliminarily approved.

Don’t hesitate to call or contact me with any questions!



6 Ways to Improve Curb Appeal Before Selling a Home This Spring

Sprucing up your house’s exterior can help prospective buyers see the possibilities.

As daylight lingers longer and temperatures begin to rise, it’s evident that spring is on its way. Spring is generally a busy season for real estate, as homes hit the market after a hunkered-down winter and ahead of summer fun.

In many places, winter weather can take a toll on the exterior of a house. Before listing your home for sale this spring, consider these tips for improving curb appeal and charming prospective homebuyers.

1. Remove old leaves and debris

Toward the end of winter – when snow is officially gone for good – lawns can be littered with leaves lingering from fall, as well as twigs brought down by storms. Removing them is important before starting on lawn revitalization, as debris will block seeds and nutrients from doing their job. Plus, clearing away debris makes for a much cleaner appearance.

Don’t forget to clean up flower beds or other non-grassy areas too – these places are also prone to collecting leaves. And make sure to clear out the gutters. All kinds of junk gets lodged in the gutters throughout the winter, and it can make for inefficient draining as well as a sloppy appearance. Not doing so can lead to roof leaks and other issues that could have negative repercussions on a home inspection.

2. Get the grass growing

Once the temperature is staying well above freezing throughout the night, it’s time to get your outside water lines and sprinklers going again. This involves turning your outdoor faucet back on – and re-starting a built-in sprinkler system if you have one. Carve out time to get the system running again before you need it – or reach out for professional assistance.

From there, assess what else your lawn needs. This could be patch-fixing, overseeding, providing nutrient-rich grass food, or aerating, among other measures. For lawns that feel beyond repair, some homeowners choose to lay down sod – which can be a steep cost – to achieve a luscious lawn in a quicker timeframe.

3. Add a new coat of mulch

A fresh coat of mulch along edges and around plant beds can help a yard look cohesive. If you want to shake up your exterior color palette, try a different shade of mulch. The most common options are black, brown and red – and each one complements a home differently.

For example, red mulch provides a nice contrast against the vibrant color of plants and flowers. But, if you have a red home or brick home, the red may feel too monochromatic, making a muted brown shade a better match.

4. Clean up hedges, edges, and more

Take time to trim back trees and other plants that appear overgrown. This is especially true for large trees that canopy over a property, and smaller trees and bushes that line the house or yard.

For a well-manicured appearance, edge your walkways – especially the one leading toward the front door. These small details work together as polished curb appeal.

5. Consider the state of the structure itself

The physical exterior of your home could likely use some TLC following winter, too. Depending on the accumulation of dirt, it could be time to pressure wash the siding. Then, while it can be a more costly task, having the house repainted adds an element of newness and could make a substantial impact on the impression of prospective buyers.

Consider the front door, too. Give it a fresh coat of paint to correct any knicks, dings, and scratches. And for those looking to shake things up, try opting for a different color of paint – or sanding down a wooden door and covering with stain and varnish to restore its natural look.

6. Add pops of color

Spring is the season where nature blossoms – so help emulate that cheery feeling as people catch a first glimpse of your home. Add a pop of color to the front porch with colorful planters framing the stairs or door. Or, to fill a larger space, try hanging planters from the ceiling of the porch.

Plants and flowers are a great way to add bits of color here and there. Just be sure to water them regularly, and according to their species, to ensure they stay vibrant all season long.

Ready to sell your home this spring? Contact me today!




RE/MAX National Housing Report for February 2024

Home Sales Rise, With Sellers
Getting Almost Full Listing Price

With the annual spring homebuying season coming quickly, home sales ramped up in February and spiked 17.0% from January, with a 2.3% increase from February 2023. Of those sales, buyers paid more. The median home price of $412,000 rose 2.1% from January – and 7.0% year over year. The $27,000 increase from February 2023 reflected that buyers on average were willing to pay 99% of the listing price. 

In a third of the markets of the 50 metros areas surveyed, buyers on average paid 98% or less, while in a quarter of the markets the average buyer paid 100% or more. At the current median sales price, 1% is equivalent to approximately $4,000.

Meanwhile, inventory held relatively steady and dropped just 0.6% from January. Months supply of inventory (1.9) declined slightly from January’s 2.1, but was up from last February’s 1.6, and the number of homes for sale was 10.8% higher than a year ago.

In another indicator of increased demand, homes took an average of 44 days to sell in February – two days faster than January and one day faster than February 2023.

Read the full article

Watch the 32 second summary video



Washington State NWMLS Market Update for February 2024

Watch or listen to these 1 minute summary videos, or read the details below!

Listings and Inventory

NWMLS brokers added 6,513 new listings to the database in February 2024, an increase of nearly 25% compared to February 2023. The number of new listings added in King County increased more than 33% year-over-year.

There were 7,495 active listings on the market at the end of February 2024, an increase of nearly 4% compared to a year ago. The volume of homes on the market increased throughout Washington with 17 out of 26 counties seeing a year-over-year increase.

A balanced market is considered to be 4 to 6 months by most industry experts. At the current rate of sales, it would take less than two months to sell every home that is active in the NWMLS inventory. The four counties with the lowest months of inventory in February 2024 were Snohomish, King, Pierce, and Thurston.


    Pending and Closed Sales

    There were 5,945 total residential & condo units under contract in February 2024, a decrease of 4.6% when compared to February 2023. Despite the overall decrease, there were 11 counties that had a year-over-year increase in the number of pending sales.

    February 2024 saw a 1.62% decrease in closed sales transactions year-over-year. Despite this decrease, there were 10 counties with a year-over-year increase in the number of closed sales. The number of year-over-year closed sales in King and Pacific counties remained unchanged.

    Overall, the median price for residential homes and condominiums sold in February 2024 increased nearly 6% when compared to February 2023. The median sales price increased year-over-year in 19 of the 26 counties, with the highest median sales prices in King, Snohomish, and San Juan counties.

    Source: NWMLS 3/5/2024



    9 Ways to Add Value to a Home For Sale Through Upgrades

    Help your home appear updated and move-in-ready to prospective buyers with these tips from Curbio.

    While you’re living in your home, you may find its value is tied to the memories created with the ones you love.

    As soon as you list your home for sale, the meaning of “home value” immediately changes. It’s time to pack up those memories – along with your dishes, lamps, and sofas – and focus on all the ways to make your home appeal to as many buyers as possible.

    It can be overwhelming deciding where to start on improvements before a move. So, here are nine spots to focus on for value-adding updates that are sure to be big wins – helping make your home the move-in-ready listing today’s buyers are looking for.

    1. Give your landscaping some love

    It’s not just what’s on the inside that counts. First impressions make or break a home sale, and increasing your curb appeal goes a long way towards boosting that initial impression. Tend to your garden by mulching, cleaning up your edges, and pulling the weeds. Remember that low maintenance landscaping is often most appealing to buyers, whereas complicated topiary and finicky plants can scare them away. Even if your would-be garden space is small, planting some easy-to-maintain perennials can really spruce up the outside.

    2. Update fixtures

    Sconces, chandeliers, and pendant lights are opportunities to modernize and change the feel of your home without undertaking a huge project. Simple, classic designs in timeless metal finishes are great choices because of their mass appeal, and small pops of color or unique pieces can add lots of character if used sparingly throughout the home.

    3. Invest in appliances

    Updating your home doesn’t just apply to design – it applies to ease of use and lack of future maintenance, too. Equipping your home with modern appliances is a must-do if you’re thinking about a potential home sale. They help underscore a turnkey experience for buyers, and they can be well worth the cost of investment.

    4. Make needed repairs

    Don’t overlook the non-glamorous updates and deferred maintenance if you’re hoping to maximize on your investment with your home sale. Potential buyers need to have confidence in all facets of your home or they will not be able to envision themselves living there. That means everything needs to work the way it should: faucets that don’t leak, decks that don’t sag, doors that open according to code, etc. Start by checking up on your roof and HVAC system, and move your way down the list in search of necessary repairs.

    If HVAC repairs sound expensive, don’t be alarmed! Curbio has a fix-now-pay-at-closing financial model, meaning sellers never pay out of pocket until closing.

    5. Finish unfinished spaces

    If you’ve been waiting for a reason to finish your basement, before selling is a great time. If you have a space in your home that doesn’t serve a specific purpose or function, it can be a red flag in the eyes of a buyer. Your home value may skyrocket just by clearly defining each space throughout the property. Try converting that catch-all room to an extra bedroom or home office and transform an unfinished basement into a family den.

    6. Focus on your kitchen

    Kitchens, without a doubt, are the heart of the home. That means that they are typically the first space potential buyers consider when evaluating a home purchase, and kitchen investments are some of the best kinds you can make to increase your home value. First, ask yourself:

    • Is my kitchen functional?
    • Is my kitchen spacious?
    • Is my kitchen sleek?

    Next, focus on the areas of improvement that will maximize your home’s value. If your kitchen is relatively new, consider smaller upgrades like fresh hardware. On the other hand, if your kitchen is dated, in need of love, or under-functional, you should seriously consider a kitchen renovation to help your home compete with new builds and win the hearts and minds of buyers.

    7. Open your floor plan

    A spacious, open living area is a desired feature in today’s real estate market. Floor plans with lots of walls and too many separate rooms tend to inhibit a communal feeling and often lack natural light, which can be detractors from your home’s value. Consider opening or removing some of the non-load-bearing walls in your home to form an open floorplan within your living space.

    8. Create an outdoor experience

    If your backyard is just a patch of grass, that means it’s full of potential opportunity to increase home value. A covered patio, pergola, fire pit, or an outdoor eating area are all great ways to set the scene for an experiential outdoor lounge space – and appeal to buyers. Who doesn’t want a place to roast s’mores, stargaze, and grill out?

    9. Transform your bathroom into a spa

    Self-care is in, and that means buyers are looking for bathrooms that emulate a spa. Incorporating spa-like finishes will help your bathroom feel luxurious, relaxing, and indulgent. That could entail adding sleek finishes, a soaking tub, and a light, airy color palette.

    Now that you’re informed on what updates to complete before listing your home, it’s time to get started! Curbio is a turnkey solution that provides full-scale project management for every pre-listing project, no matter the size or scope. Plus, sellers never pay out of pocket – 100% of the project costs are deferred until closing. Your real estate agent can request an estimate from Curbio free of charge, with a same-day response. Contact me today to get started!


    6115 79th St E #58, Puyallup, WA 98371

    $119,900

    2 bedrooms; 1.75 bathrooms; 1,188 sq ft

    Beautifully updated and lovingly maintained home in the comfortable Crestview 55+ Community! Open floor plan w/ spacious kitchen & newer appliances; generous primary suite includes a large closet & over-sized shower. This move-in ready home is completely updated & maintained for your worry-free enjoyment! Newer roof, exterior paint, furnace, heat pump, water heater & flooring. The home was leveled, crawl space & ducts cleaned, & reinsulated. You’ll appreciate the newer electric solar blinds, curtains, light fixtures, sinks & faucets. Abundant storage w/ 2 pantries, linen closet, carport storage & lrg shed. Relax on the deck or enjoy fresh air w/ 2 screen doors. Rent includes water, septic & clubhouse. RV parking is also available for rent.

    A link to more details and photos…

    ‘How Much House Can I Afford to Buy?’ Here’s How to Know

    If your biggest question right now is “Can I afford to buy a home?” – or “How much home can I actually afford to buy?” – you aren’t alone. As the real estate market continues to shift, many people are wondering how far their money will take them.

    From researching your local housing market to exploring home loan options, a few early steps can help you prepare before starting on the homebuying process. Here are five ways to help determine how much house you can afford.

    1. Check up on your credit score

    Before you’re ready to start the homebuying process, familiarize yourself with your credit score. If you aren’t satisfied with the number, you’ll want to give yourself time to raise it before you apply for a loan – this will be a key factor a mortgage professional takes into consideration. Many major credit card companies will give you monthly updated credit score reports on their websites and apps.

    2. Get pre-approved for a home loan

    Seek out a local mortgage professional to help you understand what you qualify for and set a realistic homebuying budget. A mortgage prequalification provides a basic estimate of how much you can borrow based on your stated financial situation. When you’re ready, complete a mortgage application in which a lender confirms your qualifications with more stringent documentation and can then provide a formal pre-approval. Working with a mortgage broker may provide an easy way to explore different lenders and loan products that meet your unique needs.

    3. Consider how much money you have saved

    It’s essential to figure out how much money you’ll be able to put toward a down payment on a home – and this number will impact what your monthly mortgage payments will be, too.

    For renters, if your monthly mortgage payment will cost more than your current rent, are you able to afford the difference?

    Keep in mind that expenses won’t stop at the down payment and mortgage. Be prepared to cover costs for closing and moving, various fees that may come up in the process, home insurance, private mortgage insurance (if you put less than 20% down), and more. Plus, it’s wise to have a comfortable level of savings for home maintenance and repair.

    4. Seek advice from a financial advisor

    Meeting with a financial advisor can help you prioritize financial concerns, learn how to manage your money, and plan ahead for the future.

    5. Look at data for your local housing market

    When it comes to home prices, no two markets are the same – and the cost of living (which includes the expense of homeownership) varies depending on location. That’s why it’s helpful to find an experienced real estate agent who you trust to help with your important transaction. They can help demystify local housing market data, prioritize your wants and needs in your purchase, and get the ball rolling in the home search process.

    Understanding local market conditions will also help establish a realistic expectation of what kind of property you can afford in your desired area. Looking at active and recent listings is one way to get a better feel for what home prices are like.

    Ready to start your homebuying journey? Contact me for a complimentary consultation!



    RE/MAX National Housing Report for January 2024

    New Listings Soar Higher as
    Spring Ramp-Up Approaches

    In what could be a good sign for buyers, the number of newly listed homes in January was a whopping 66.3% higher than in December and 21.5% higher than January 2023 across the 50 metro areas surveyed.

    The 21.5% year-over-year increase in new listings reversed a multi-year January trend, as new listings dropped 5.1% from January 2022 to January 2023 and 8.1% from January 2021 to January 2022. The dramatic 66.3% month-to-month increase in new listings was also significantly higher than the past two December-to-January jumps – 39.8% to start 2023 and 24.7% to begin 2022.

    The surge in new listings was combined with year-over-year increases in closed sales and inventory, illustrating that January’s housing stats could bode well for the typical spring uptick in home sales this year.

    January home sales were 2.5% higher than January 2023, although they were down 19.1% from December, a slightly smaller post-holiday drop than the past two years. January inventory increased 1.7% over January 2023, ending a seven-month streak of year-over-year declines. The median sales price of $405,000 was 5.2% (or $20,000) higher than January 2023 and unchanged from December.

    Read the full article

    Watch the 32 second summary video



    The Things We Do For (Puppy) Love: How Homebuyers Are Accommodating Their Dogs in the House Search

    If you own a pet dog, there’s a good chance you’ve: swapped out words in your favorite song with their name, cancelled plans to spend time with them, and filled up your smart phone’s camera roll taking their picture. But, have you bought a home specifically for them?

    While dogs aren’t the primary reason many pursue real estate opportunities, they are a factor plenty of homebuyers take into serious consideration during the house search process. This is especially true nowadays with pet ownership on the rise.

    The COVID-19 pandemic – and the increased time people spend at home as a result – played a key role in the uptick of pet ownership in the U.S. From 2020 to 2021 alone, nearly one in five households acquired a cat or dog, according to the American Society for the Prevention of Cruelty to Animals (ASPCA).

    “I do think more people have pets nowadays, but what’s noticeable is the focus on our pets and how they are becoming more involved in society. There are pet-specific cafes, bakeries, boutiques, and specialized food choices, as well as pet-friendly businesses and more,” says Joanne Thomas, an agent with RE/MAX Advantage Plus in Eagan, Minnesota, who is currently working with buyer clients seeking a home specifically for their dog.

    In a small neighborhood of Denver, Colorado, for example, you can even spot pup parents stopping by a popular dog treat truck that serves goodies to its drooling patrons. With these cuddly canines having stolen the hearts of so many, it makes sense that plenty of people care deeply about their dog’s well-being at home, too.

    Enter “barkitecture” – a popular pet-forward architecture trend where homeowners are making intuitive design choices that strike a balance between function and fabulous, all framed by the needs of their furry friends. The good news? These features are in demand when it’s time to sell the house. A growing number of dog owners looking to move are making pet-friendly features priority items on their list of home criteria.

    From wanting a fenced-in yard to a barkitecture-inspired luxury pet spa, here are a few ways that today’s buyers are taking their dog’s needs into consideration when shopping for a new place to call home.

    Ensuring proximity to outdoor enrichment

    Having easy access to a green, grassy yard means a dog has increased opportunity for fresh air during the daytime and convenient potty breaks at nighttime. This factor makes a direct impact in one’s quality of life, for human and dog alike – and it’s a key characteristic many homebuyers are in search of.

    The 2023 National Association of REALTORS® Profile of Homebuyers and Sellers revealed that 19% of all buyers between 2022 and 2023 saw outdoor space for a pet as an influential factor in their purchase, the same percentage as those who considered lot size and school district. Convenience to outdoor space for pets even topped the quantity of buyers considering factors like proximity to schools (18%), healthcare facilities (16%), and airports (9%).

    Outdoor space isn’t just a yard – it can take the shape of other accessible ways to exercise outside.

    “People looking to live in urban areas often find it especially important to make sure there’s ample sidewalks for walking the dogs,” says Donna Deaton, Manager of RE/MAX Victory + Affiliates in Liberty Township, Ohio.

    Plus, those looking to live in multi-family dwellings have different factors to take into consideration.

    “I am in Minnesota and winters can be cold! So, if buyers in my area aren’t looking for a single-family home and prefer the condo lifestyle instead, having a dog-run or dog relief area either covered or indoors is key. If this isn’t an option, then having some green space nearby for their dog to run and play is really important to buyers,” Thomas says.

    Not skimping on a fence for safety

    Many dog owners have a skilled escape artist on their hands – so a yard isn’t fully functional until it’s been securely enclosed.

    “A fenced yard is usually the most requested feature for the dog owners I work with looking to buy a home,” says Ana Duarte Cole, an agent with RE/MAX Advantage in Waynesboro, Virginia.

    Other agents agree that a fence is a high priority for many prospective homebuyers. Those who consider a home without a fence have a few extra steps to think about.

    “Most of the time, yards with fences are a must have. But they’re not always a deal killer, especially for those who are willing to add in their own,” Deaton shares. “This is when it is important to really study the HOA (homeowners association) rules and regulations, if applicable, as some will not allow a fence or will allow only certain styles, colors, and heights of fences.”

    Cost can also be a reason why homebuyers prefer to find a house with a fence already in place. The common types of fencing people choose for residential properties are wood, metal, vinyl, or composite. And the choice of fence type, as well as style and quantity of material needed, can cause price points to greatly differ. According to Forbes, the average cost of installing a new wood fence is roughly $3,300 – but on the upper end of their spectrum, some projects (particularly those on larger properties) can cost over $10,000.

    Searching for elements of ‘barkitecture’ (and other design-forward features)

    Barkitecture is all about space-savvy, oftentimes luxury features that make humans and dogs alike say (bow) wow. The concept stems from making necessary pet gear – like crates, beds, and kibble storage – blend more seamlessly into a home. For example, some kitchens come with a water bowl fill-up station close to the ground, as well as a hide-away feeding zone.

    “A client of mine recently built a custom home and their laundry room has a dog shower. It features tile, pony walls and a hand-held shower wand. As a bonus, it is often used to wash off muddy boots in addition to puppy paws,” shares Rachele Maczuk, an agent with RE/MAX Today in New Haven, Missouri.

    Deaton, who has plenty of experience in the new build market, has also seen an uptick of built-in dog spas.

    “I notice features like this in newer and custom-built homes. For cleaning off muddy pets, homebuyers get excited if by chance the home has an actual dog wash station, or even just a full bath on the first floor. This isn’t necessarily a reason as to whether they purchase that particular home or not – but if the buyer is a pet owner, they see value in having it.”

    Thomas agrees, too.

    “Dedicated pet baths in homes, and custom cabinetry features to store their food and bowls, is becoming a more common sight to see. Plus, I continue to see kennels that are disguised as furniture,” she says.

    Technology is also playing a role in pet well-being inside the home.

    “I’ve shown homes where the buyers appreciate the fact that the pet door is automatic or sensored instead of those ones that flap as the pets wander in and out,” Deaton says. “These digital pet doors are a newer thing and are appealing to today’s tech-forward buyers. Some can also be opened and closed through an app on your smart phone.”

    Aside from modernized, dog-forward home innovations, some homebuyers are focused on the overall layout of a home – especially those looking to accommodate older dogs.

    “A recent client of mine wanted a one-level home with little to no steps to the backyard since their senior dog couldn’t do steps anymore,” Duarte Cole says. “After moving in, they actually replaced the previous owner’s newly installed carpet for vinyl flooring due to their dog having incontinence problems. They needed something easy to clean.”

    Envisioning potential for paw-fection

    Back to that whole “good bones” thing. Today’s homebuyers are often keeping a keen eye out for ways to make pet-friendly tweaks to their new place once they’ve moved in (like a fence, explained above).

    Even if a home comes with a fence, certain buyers will choose to add in a dog window, giving their pet an entertaining view of passersby. Other tweaks might include adding interior pet gates, installing a central vacuum cleaning system, or even retrofitting a dog bedroom.

    But something as simple as wall color is a factor people can plan around their dog’s preferences. And unless a prospective home boasts neutral wall colors, there’s a good chance buyers will want to make changes.

    The American Animal Hospital Association shares how certain paint colors are more soothing than others to pets because of how their eyes process hues differently than humans. They note how animals are likely to be calmed by pale shades of blue, green and purple, as those colors aren’t distorted by their vision and promote tranquility. While these recommendations are geared toward wall color for animal hospitals, the same insight can apply to residential homes.

    Who’s buying a home for their pet’s needs, anyway?

    Homebuyers across all generations are taking interest in ways to encourage wellness for their pets around the house. But a rapidly growing portion of these pet owners-turned-homebuyers are millennials. According to the American Pet Products Association’s (APPA) National Pet Owners Survey, millennials are the largest cohort of pet owners in the U.S. And, as recently detailed by RE/MAX President and CEO Nick Bailey, at least 45 million millennials in the U.S. are a part of the ongoing pent-up demand for housing.

    Subsequently, as more millennial homebuyers enter the market, it’s expected that yard space, fences, and barkitecture features alike could remain highly sought-after home elements – and even increase in popularity.

    “Compared to previous markets, it seems that buyers are more vocal about the needs of their pets. Whether it is more of an acceptable social norm now or whether it is that buyers are truly more cognizant of the happiness of their four-legged family members is unclear,” Maczuk says.

    “But ultimately, a home is a place that should bring its occupants joy,” she continues. “And whether they’re four-legged, feathered, or slithering, those pets are family members. When searching for a new home, it is important to find a place that fits the bill for the entire family.”

    Washington State NWMLS Market Update for January 2024

    Watch or listen to these 1 minute summary videos, or read the details below!

    Listings and Inventory

    NWMLS brokers added 4,954 new listings to the database in January 2024, which is nearly the same as in January 2023.

    There were 7,084 active listings on the market at the end of January 2024, a decrease of nearly 14% compared to January 2023. The volume of homes on the market has continued to decline throughout Washington with 15 out of 26 counties covered by the NWMLS seeing a year-over-year decrease.

    A balanced market is considered to be 4 to 6 months by most industry experts. At the current rate of sales, it would take around two months to sell every home that is active in the NWMLS inventory. The four counties with the lowest months of inventory in January 2024 were Snohomish, Thurston, King, and Pierce.

      Pending and Closed Sales

      There were 5,282 total residential & condo units under contract in January 2024, a decrease of 8.6% when compared to January 2023.

      January 2024 saw a 3% increase in closed sales transactions year-over-year, an improvement from December 2023’s year-over-year change in closed sales transactions.

      Overall, the median price for residential homes and condominiums sold in January 2024 was up 6.5% when compared to January 2023. The median sales price increased year-over-year in 19 of the 26 counties, with the highest median sales prices in King, San Juan and Snohomish counties.

        Source: NWMLS 2/5/2024