April Condo Market Update
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 market continues to perform well. Citywide, condo sales increased 14.7% over the previous year and average and median sold prices are up 10.8 and 7.6%, respectively.
For Price Per Square Foot Trends, click here.
Source: NWMLS, information deemed accurate but not guaranteed. Statistics not compiled or published by NWMLS.
Area 701 includes Downtown, Belltown, Denny Triangle, Pioneer Square and International District.
Nice analysis, Ben!
I’d be curious to see what the avg sales price/SF has done over the same period.
Chris – here’s PSF data compiled by TrendGraphix showing trend for the past 14 months.
http://seattlecondosandlofts.com/resources/seattle-condo-pricesquare-foot-trend/
Ben –
That link for price/sq foot is not working.
It should work now. Thanks.