July was a great month for condo sales on Capitol Hill with both pendings sales and solds increasing. The number of pending sales increased from 15 to 34 from June to July while solds increased 36 to 50 during the same time period. The number of active condo listings remained the same at 112.
The average number of days on market stayed steady at 39 days. However, the number of listings sold within the first 30 days increased from 66.7% to 74%.
The average sale price took a slight hit decreasing 3.1% from $351,000 in June to $340,300 in July. However, the median price increased 14% from $266,500 to $303,975.
Source – NWMLS Area 390 (Cap Hill, N Cap Hill, Broadway). Information deemed accurate but not guaranteed.
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