May’s condo market performance reflected an improvement over April marking the second year-over-year increase in median price this year. At $320,000, Seattle’s condo median price increased 2.4% over April and 4.1% over May of last year.
The Seattle Condo BlogNews and Reviews of Seattle Condos, Lofts and Townhomes |
|
Tag Archive | "Seattle Condo Appreciation Rate"
Seattle Condo Performance & Appreciation for 2007
Posted on 16 January 2008
As a follow-up to the December Market Update post I’ve included charts comparing the monthly median condo price of various neighborhoods for 2006 and 2007 by MLS area. I also calculated the annual median price appreciation rate based on closed sales for 2007.
For the year, Downtown, Capitol Hill and West Seattle underperformed with single-digit appreciation rates. West Seattle was particularly disappointing, eeking out a 1% increase in value. However, the North Seattle neighborhoods and Queen Anne performed exceptionally well.
Capitol Hill / Madison Park / Central - MLS Area 390
Annual Median Price Appreciation 2007: 3.1%
- John M on: Lakeview Residences - Capitol Hill
- Chris on: First impression of Rollin Street Flats
- Daniel on: First impression of Rollin Street Flats
- Jimmy Ballins on: First Look - Azul Flats in Fremont
- tb on: Veer Lofts
- me2 on: First impression of Rollin Street Flats
- Ben Kakimoto on: First impression of Rollin Street Flats
- Chris on: First impression of Rollin Street Flats
