Tag: Seattle Condo Value
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.
2nd Qtr and 1st Half 2009 market stats
Second quarter 2009 and first half 2009 Seattle condo market stats.
May 2009 Seattle condo market update
Seattle’s condo market continues to improve. Last month’s market results reflected a bump in median price, increased sales volume and the lowest inventory supply rate since November 2007.
April 2009 Seattle condo market update
April market data suggests the Seattle condo market is beginning to show improvement with increased sales and plateauing inventory levels and prices.
First quarter 2009 condo market update
The first quarter results confirm what most people already know about Seattle’s condo market – it continues to struggle. Citywide, the number of closed sales are down about 46% from first quarter last year while values have decreased 9.7%.
March 2009 Condo Update
Sales activity picked up last month while the citywide median price and inventory supply rate held steady compared to February. Though, year-over-year figures show the market continues to underperform.
February 2009 condo market update
The Seattle condo market’s February results were underwhelming. From a record high $335,000 citywide median price in January, February came in at $274,000, the lowest level since June 2006.
January 2009 Seattle condo market update
The median Seattle condo price rose to $335,000 last month, a record high and an 9.84% increase over January of last year. Unfortunately, that was due to high-end unit closings in downtown (MLS area 701) rather than an overall market improvement.
2008 Seattle condo appreciation rates
Citywide, the 2008 median price for Seattle condos depreciated by just 0.9%, from $315,000 to $312,000. Most areas did see declines but a handful of neighborhoods realized healthy gains.
