King County Real Estate Market Update July 2025

Stay informed on the latest King County real estate market trends with this comprehensive June 2025 market update from local expert Chris Byler!

Get key insights into home prices, sales activity, and what it means for buyers and sellers in King County. In this detailed report, you'll discover:

• The median sales price for homes in King County for June 2025 was $1,036,000. This marks an increase from $990,000 in May and compares to $1,044,000 in April.

• The average dollar per square foot also saw a slight rise, reaching $570 per square foot in June, up from $564 in May.

• Pending sales in King County increased significantly to 1,949 in June, up from 1,834 in May, indicating growing buyer activity.

• Homes are selling very close to their asking prices, with the sold price to list price ratio at an impressive 99%.

• The average days on market for homes sold last month was just 21 days, highlighting a relatively fast-moving market.

• The absorption rate stands at 2.3 months, meaning it would take approximately 2.5 months to sell all currently listed homes in King County at the present sales pace.

• We even highlight an example home: an A-frame house in Renton, built in 1967 with 2,700 sq ft, that sold at the median sales price last month.

Looking to buy or sell in King County? Have questions about these market figures or the real estate landscape in general? Chris Byler is here to help!