Tag: Absorption Rate

Seattle Condo Market Update – Nov 2007

By on December 7, 2007 in Market Updates, Real Estate with 8 Comments
Seattle Condo Market Update – Nov 2007

Lets start with the bad news first. The median price for Seattle condos fell for the third consecutive month; it now stands at $305,000, a 3.3% decrease compared to October. And, as we’d expect with cyclical patterns, fewer condos were sold last month, though pendings transactions remained unchanged. The good news? Overall, Seattle’s condo market…

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