Tag: Absorption Rate
August 2010 Seattle condo market update
Seattle’s median condo price rose nearly 6% to $297,000 in August, though sales continue to lag compared to last year.
July 2010 Seattle condo market update
Sales activity slows post tax credit, but citywide condo values are stabilizing.
May 2010 Seattle Condo market report
The May condo market figures confirmed the impact of the tax credits with pendings transactions plummeting as values level off.
December 2009 Condo Martket Update
December sales volume reflected marked improvement over the prior year, though condo values continued to slide.
November 2009 Condo Market Update
Buoyed by the first time home buyers tax credit, condo sales skyrocketed 58.2% last month while the median price dipped.
October 2009 Seattle condo market update
The Seattle condo market rebounded in October with increases in sales, number of closings and median price, likely fueled by the rush to qualify for the first time home buyers tax credit.
September 2009 Seattle Condo market update
Seattle’s condo market kept churning through September even though the citywide median price fell to $259,250. The number of properties going under contract and closed increased over August, while available inventory and the condo supply rate decreased.
August 2009 Seattle condo market update
The median Seattle condo price inched up 3.8% to $280,274 last month. Though that’s still below last August’s median price by 9.6%, the year-over-year gap continues to narrow.
July 2009 Seattle condo market update
Seattle’s median condo price dropped to $270,000 in July; condo sales are showing signs of slowing.
June 2009 condo market update
The median Seattle citywide condo price dipped last month to $280,000, which reflected a year-over-year and one-month drop of 12.5% and 7.9%, respectively.
