Market Updates
The downtown high life
Pacific Northwest Magazine (Seattle Times) had an interesting article on the state of the downtown condo market – who’s moving into downtown, reasons they’re downsizing, etc. Matt at urbnlivn.com beat me to punch on posting about it, so I’ll just link over to his post rather than duplicate coverage. By the way, I was interviewed…
Capitol Hill Condo Market Update
July was a great month for condo sales on Capitol Hill with both pendings sales and solds increasing. The number of pending sales increased from 15 to 34 from June to July while solds increased 36 to 50 during the same time period. The number of active condo listings remained the same at 112. The…
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…
Downtown Market Update
July saw an increase in condo inventory in the Downtown, Belltown & Pioneer Square areas from 89 to 131 active listings. Pending sales also increased 8.9% from 35 to 39. Interestingly, with the increased inventory, buyers had more choices and it resonated with them as the average days on market fell from 78 to 52…
2005 Condo Appreciation Rates
The Seattle Times reported that King County condos have surpassed single family homes in appreciation during the first half of this year. Condos now make up 25% percent of the total home sales in the county. Condo Appreciation Rates for selected neighborhoods: Source: Seattle Times
Not Condo related, necessarily
Nevertheless, if you’re looking to buy or sell your condo or loft, it’s useful to have all the information and tools at your disposal. So, here’s a plug for my company, John L. Scott Real Estate. Over the past month, John L. Scott has been rolling out new features empowering buyers and sellers to make…
