Thinking Outside the Box
January 29, 2025
by Emily Marek January 21, 2025
The annual review from the Northwest Multiple Listing Service (NWMLS) reveals that new listings, sales and prices all increased annually in 2024.
New listings in 2024
Realtors added 93,077 new listings to the MLS last year, with an average of 7,756 new listings per month. That’s up 14.05% from 2023, when 81,612 new listings were added to the market, but down significantly from the historic high of 117,948 new listings in 2021.
The most new listings were seen in May, when 11,572 properties were added to the market, a 25.14% increase year over year. Large annual increases were also seen in April (up 31.95%), October (up 25.95%) and February (up 24.51%).
New listings increased annually in every month of the year, with the lowest year-over-year bump occurring in January; new listings rose only 0.59% that month with 4,954 properties added across all counties.
Furthermore, new listings increased annually in every county in the NWMLS region in 2024 with King County leading the pack. Realtors there added 33,414 properties to the MLS, a 17.49% increase from 2023. King was followed by Pierce County and Snohomish County. Pierce County had 13,531 new listings, a 12.1% increase, and Snohomish County had 12,522 new listings, a 14.64% increase. Read More
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