Queen Anne Market Update
In July, the number of active condo listings (97) and sold listings (53) remained the same as in June, while the number of pending sales increased significantly from 8 to 27 (number of sales that went to pending status during the month). Additionally, the average number of days on market decreased slightly from 36 to 33 days. Both are positive signs that the condo market is still strong on Queen Anne.
On the other hand, both average and median prices declined from June to July. The average condo price in June was $320,370 which decreased to $310,542 in July while the median price of $299,500 decreased to $279,500 during the same time period. The total sales volume remained relatively the same at $16,500,000.
Source – NWMLS Area 700 / Queen Anne. Information deemed accurate but not guaranteed
