Tag: Absorption Rate
Seattle’s April 2013 Condo Market Update
Seattle condo sales slowed slightly in April, though inventory remains tight and prices continue to rise.
March 2013 Seattle Condo Market Update
The Seattle condo market is in full Spring swing where buyers are facing a competitive sales environment with rising condo values, plateauing inventory and strong sales velocity.
February 2013 Seattle Condo Market Report
Seattle’s condo market was on fire last month: the median sale prices spiked 28.2% over last year, inventory remained low with limited selection, and increasing multiple bidding occurrences.
Seattle Condo Market Update – January 2013
The Seattle condo market was off to a fast start in January with improving values and a huge spike in sales activity that is outpacing inventory.
December 2012 Seattle Condo Market Report
Seattle condo sales dipped to a 24-month low in December, yet median sale prices continued to improve amid shrinking inventory.
Seattle Condo Update: Market Recovers – November 2012
November reflected another solid month for Seattle’s condo market which managed a fourth consecutive month of improving median sale prices and steady condo sales.
October 2012 Seattle Condo Update – Market Rebounds
Seattle’s condo market experienced an October Surprise with a double-digit increase in the citywide median sales price and improved sales activity.
Seattle Condo Market Update – May 2012
The Seattle condo market turned a corner in May with strong demand and brisk sales activity, increased median sale prices and a tighter inventory supply.
March 2012 Seattle Condo Market Update
The Seattle condo market tightened in March as condo sales took off and new listing inventory continued to shrink, resulting in a seller’s market environment.
February 2012 Seattle Condo Market Report
Seattle’s falling median sales prices, along with vigorous sales activity and shrinking inventory shifted Seattle towards a seller’s market last month.
