What Does January's Historically Low Inventory Mean for King County Real Estate?

Last year’s King County real estate numbers were eye-popping to say the least, with all that suburbs fawning holding steady till the end. But according to Northwest Multiple Listing Service’s January housing market stats, it seems like 2022 is about to get in on this one-upmanship game.

Inventory in King County hit historic January lows, leaving would-be home buyers with less than two weeks of active listings from which to choose. J. Lennox Scott, CEO of John L. Scott Real Estate, called the market “virtually sold out.”

The picture is a little less bleak when you focus only on condos—there’s about two-thirds of a month of inventory in King County—but comes back into stark

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