Tag: Condo inventory supply
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.
September 2012 Seattle Condo Market Update
The median Seattle citywide condo sales price increased 4.17% over last September and has been stabilizing over the past few months. Condo sales activity continues to out-perform 2011, but the seasonal change will slow sales volume through the remaining quarter.
August 2012 Seattle Condo Market Update
The Seattle condo market continues to exhibit its buoyancy with a slight bump in year-over-year median sale prices, strong sales activity and declining inventory.
June 2012 Seattle Condo Market Update
The June condo market results reflected more of the same that Seattle has been experiencing – rising median sale prices, low inventory and strong sales volume 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.
