The Seattle Condo Blog | Seattle Condos and Lofts

Not much is new with Seattle’s condo market — sales volume increased but median prices fell well below 2010 levels in August.

The Absorption Rate is an indicator of market condition and demand.

July was a challenging month for Seattle’s condo market with a downward pressure on prices despite improved sales.

Seattle condominium sales activity was solid in June 2011 while condo prices remained soft.

Prices continue to fluctuate but with more affordable condos available, sales volume activity remain steady.

Seattle’s median condo sales price rose slightly in April; pending and closed sales activity remain brisk.

Seattle’s median sales price declined 7.9% to $268,000, though condo sales are on the rise shifting back to towards normalized market conditions.

Seattle’s median condo selling price rises 7.66% to $312,750 in February 2010, a 14-month high.

Seattle’s January median condo price improved over December to $291,500 but fell 7.17% year-over year, unit sales volume up.

2010 exhibited calm in Seattle condo market following upheaval from prior years, with net increase in median price and stable sales volume.