Keller Williams Greater Seattle, Ben Kakimoto, Seattle Condo Agent

April Condo Market Update

By on May 8, 2007 in Market Updates, Real Estate with 5 Comments

Month to month results from March to April, were less than stellar. Citywide, condo sales increased 7.8% with downtown seeing a 82% increase in sold units compared to March. However, sold prices remained flat overall. In a few core neighborhoods, prices reflect a downturn from the previous month.

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Compared to a year ago, the Seattle condo market continues to perform well. Citywide, condo sales increased 14.7% over the previous year and average and median sold prices are up 10.8 and 7.6%, respectively.

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For Price Per Square Foot Trends, click here.

Source: NWMLS, information deemed accurate but not guaranteed. Statistics not compiled or published by NWMLS.

Area 701 includes Downtown, Belltown, Denny Triangle, Pioneer Square and International District.

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About the Author

About the Author: Ben Kakimoto is a Seattle condo and urban real estate marketing & listing specialist. Contact Ben to learn more about the Seattle condo and loft real estate market or about buying or selling a Seattle area condo. Find Ben on Google+, Twitter and Facebook. .

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There Are 5 Brilliant Comments

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  1. Greg Perry says:

    Nice analysis, Ben!

  2. Chris says:

    I’d be curious to see what the avg sales price/SF has done over the same period.

  3. Ben_Kakimoto says:

    Chris – here’s PSF data compiled by TrendGraphix showing trend for the past 14 months.

    http://seattlecondosandlofts.com/resources/seattle-condo-pricesquare-foot-trend/

  4. Phil says:

    Ben –
    That link for price/sq foot is not working.

  5. Ben_Kakimoto says:

    It should work now. Thanks.

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