King County Housing Inventory Rises

King County buyers saw more choice in Late-Q3 as total active listings ↑31.1% yearly and the combined median sales price held at $850K.
For single-family homes, King County's median sale price edged ↓0.7% yearly to ~$950K, showing values stayed relatively steady despite a broader market slowdown.
Within King County, the Eastside saw sharper price resets: median single-family values ↓9.5% to $1.425M, while Bellevue west of I-405 reached $2.72M after ↓26.3%.
King County condos softened more in Late-Q3: inventory reached 7.05 mo, closed sales ↓24.1%, and median prices ↓6% yearly to $496K for local buyers.
Borrowing costs also climbed, with the avg. 30-yr fixed moving from high-6% to ~7% in Late-Q3, then reaching low-7% in Early-Q4 adding pressure for buyers.