Posted in Condo Market Data, Real Estate, Seattle Condos on Nov 6th, 2007
The good news about Seattle’s condominium market is that market values continue to reflect a strong increase over 2006. City-wide, the median sold price in October was $318,500, an 11.4% increase over October 2006. Queen Anne and Capitol Hill also reflected double-digit median price increases over the prior year as well. As […]
Posted in Condo Market Data, Real Estate, Seattle Condos on Oct 11th, 2007
City-wide, the condo market remains stable and is outperforming 2006 levels. Compared to 3rd Quarter ‘06, condo sales are up 4.9% while the median price increased a respectable 7.7% to $323,000. A few neighborhoods showed decreases in unit sales while others like Ballard & Greenwood reflected significant growth due to sales at […]
Posted in Condo Market Data, Real Estate, Seattle Condos on Aug 11th, 2007
The Queen Anne and Downtown/Belltown condo market exhibited healthy gains amidst a transitioning market place which helped buoy city-wide results. The median Seattle condo price increased 6.1% over July ‘06 and 4.3% over June even with fewer closed sales. Condos also sold faster in July with average days on market of 41 days, the […]
Posted in Condo Market Data, Real Estate, Seattle Condos, Seattle Lofts on Jul 9th, 2007
With the exception of Northeast Seattle, the 2nd quarter 2007 figures exhibit an active condo market and healthy growth rate, compared to the same period last year. City-wide, the median price increased 8.4% with a 23.2% increase in units sold.
However, not reflected in the figures below was a 46% increase in city-wide new listings […]
Posted in Condo Market Data, Real Estate, Seattle Condos, Seattle Lofts on Jul 9th, 2007
Seattle’s condo market continued to show growth through June. Compared to a year ago, city-wide median prices for condos increased 9.9% to $301,950 along with a 6.5% increase in closed unit sales. Queen Anne, Capitol Hill, North Seattle and West Seattle realized a double-digit increase in median price over the prior year.
While the year-over-year […]
Posted in Condo Market Data, Real Estate, Seattle Condos, Seattle Lofts on Jun 7th, 2007
May continued to exhibit an active condo market with double digit increases in units sold city-wide. Interestingly, NE Seattle and West Seattle showed the greatest increase in unit sales, mostly attributable to a robust resale market.
City-wide, condos appreciated approximately 6% based on average sales price. However, across the board, median prices took […]
Posted in Condo Market Data, Real Estate, Seattle Condos on May 24th, 2007
The Seattle Times recently had an interesting graph on the availability of entry-level condos over the past 15 years. The last few years have seen a drastic decrease in sub $200,000 properties.
The majority of buyers that my team and I work with are first-time homebuyers and we definitely feel the squeeze. In fact, […]
Posted in Condo Market Data, Real Estate, Seattle Condos on May 8th, 2007
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 […]
Posted in Condo Market Data, Real Estate on Apr 7th, 2007
First Quarter Condo Market Performance
Seattle’s first quarter 2007 condo sales figures exhibited a healthy market performance compared to the same period last year. The chart below shows Sold information for city-wide condo sales as well as selected downtown core neighborhoods.
March 2007 Condo Market Performance
The one month figures from February to March showed a different […]
Posted in Condo Market Data, Real Estate on Mar 7th, 2007
The NWMLS March update press release is out and it does confirm a strong start for the year, especially for the condo market.
Figures for February show system-wide gains in both pending sales (offers made and accepted, but not yet closed) and sales prices compared to a year ago. Results were mixed among the 19 counties […]
