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.
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.
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.
May 9th, 2007 at 10:56 pm
Nice analysis, Ben!
May 14th, 2007 at 2:23 pm
I’d be curious to see what the avg sales price/SF has done over the same period.
May 14th, 2007 at 3:30 pm
Chris – here’s PSF data compiled by TrendGraphix showing trend for the past 14 months.
http://seattlecondosandlofts.com/resources/seattle-condo-pricesquare-foot-trend/
May 14th, 2007 at 3:58 pm
Ben -
That link for price/sq foot is not working.
May 14th, 2007 at 4:22 pm
It should work now. Thanks.