The Seattle citywide condo median sales price increased 11.53% last month amid slowing sales and declining inventory.
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The Seattle condominium market continued to perform well with October exhibiting strong sales volume and a 12.77% increase in the median sales price, year-over-year.
The completion of LUMA Condominium on First Hill helped push the median Seattle condo sales price to a new record high even as sales begin to taper off.
Sales activity slowed in August, though a high number of new construction closings contributed to an increase in condo values, particularly in downtown Seattle.
Seattle’s condo prices keep rising even in the midst of the summer slowdown.
June was another banner month for Seattle’s condo market with condo values matching the all-time record high as well as a new record high number of closings.
The Seattle condo market exhibited buoyancy in May with sale activity volume and values.
Spring is in full swing for Seattle’s condominium market, which experienced robust sales activity and improving values in April.
March marked another stellar month for Seattle’s condo market with double-digit increases in condo values and sales activity.
The Seattle condo market tightened as sales activity and prices continued to climb in February.
The Park 12, a new luxury 12-unit townhome development in Bellevue, begins pre-sales.
A new luxury boutique condominium, The Odessa, planned for Madison Park.
Seattle Condos and Lofts