Tag: Absorption Rate
January 2017 Seattle Condo Market Update
The start of the New Year heightened the frenzied pace of Seattle’s condo market with rising values as demand continues to outpace supply.
Seattle Condo Market Report December 2016
The Seattle condo market ended on a high note to close out the year with a bump in the median sales price to $426,000 even as unit sales activity slowed for the holiday season.
Seattle Condo Market Update – November 2016
The Seattle citywide condo median sales price increased 11.53% last month amid slowing sales and declining inventory.
Seattle Condo Market Report October 2016
The Seattle condominium market continued to perform well with October exhibiting strong sales volume and a 12.77% increase in the median sales price, year-over-year.
Seattle Condo Market Update – September 2016
The completion of LUMA Condominium on First Hill helped push the median Seattle condo sales price to a new record high even as sales begin to taper off.
Seattle Condo Market Report – August 2016
Sales activity slowed in August, though a high number of new construction closings contributed to an increase in condo values, particularly in downtown Seattle.
Seattle Condo Market Update – July 2016
Seattle’s condo prices keep rising even in the midst of the summer slowdown.
Seattle Condo Market Update June 2016
June was another banner month for Seattle’s condo market with condo values matching the all-time record high as well as a new record high number of closings.
Seattle Condo Market Update – May 2016
The Seattle condo market exhibited buoyancy in May with sale activity volume and values.
April 2016 Seattle Condo Market Update
Spring is in full swing for Seattleās condominium market, which experienced robust sales activity and improving values in April.