Tag: Absorption Rate
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.
Seattle Condo Market Update January 2012
Seattle’s median condo sales price reached a 9-year low in January falling to $208,000; sales were off a bit but the number of closings improved.
2011 Seattle Condo Year End Review
2011 turned out to be pretty good for Seattle’s condominium market – lower prices drove strong sales activity, several projects closed out and inventory returned to pre-construction boom levels.
December 2011 Seattle Condo Market Update
Seattle’s condo market the continued the trend we’ve seen for most of the year — strong sales activity and lower selling prices, down 6.77% compared to last December.
Seattle Condo Market Report November 2011
Closed Seattle condo sales jumped 44% last month amid a tightening inventory supply and falling prices.
Seattle Condo Market Report – October 2011
Seattle’s condo market reflected another month of strong sales velocity, constricting inventory and falling condo prices.
