Tag: Absorption Rate
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.
September 2011 Seattle Condo Market Update
September’s Seattle condo market results continued the trend we’ve seen throughout the year – consistent sales volume and declining condo prices.
