Tag: Absorption Rate

November exhibited a tough market for Seattle condo buyers with near-record low inventory and a 16.25% increase in citywide median sales price.

October was a solid month for Seattle’s condo market with the median sales price rising 13.73% year-over-year to $472,000.

Seattle condo buyers received a little bit of a respite last month as the market cooled slightly, signaling the coming of the slower fall real estate season.

After a little slump in July the Seattle condo market bounced back to end the summer with the median condo sales price matching the all-time high.

Is it the seasonal summer slowdown or is the market starting to soften? After 28 consecutive months of year-over-year (YOY) increases of the citywide median sales price Seattle experienced a dip in the YOY median

Condo buyers don’t seem to be taking a vacation from home buying as we enter the height of summer. Even as inventory declines, condo sales remained steady with rising values.

May clocked in another solid month for Seattle’s frenzied condo market. Though, there were hints of a cooling off as we head into summer.

If you’re in the market for a condo you’ll already know buying isn’t getting any easier. Seattle condo prices continued to rise last month as the market constricted further.

Another month goes by, another solid month for Seattle’s condo market with rising values from low inventory levels and fierce buyer demand.

Seattle’s condo market tightened further in February with near record high values and limited inventory supply.