Just doing a little research on condos (studio to 2 bedroom units) around Seattle and thought this was interesting:

I looked at condo sales from mid January to mid March of 2007 and compared them to this years sales for the same timeframe:

Belltown has sold +37% more this year and the prices are up at +14%.  Belltown has the lowest days on market at 53 days.

The Ballard/Green Lake sales are down by -16% and the prices are down minimally at -2%.

Bellevue sales are down by -51% yet their prices are up by +31%.

Federal Way sales are down by -55% and their prices are up by +6%.

Seattle

Although, overall sales are down, it is very interesting to track by the different neighborhoods, which is really key in Seattle.

 

 

 

2 Comments on Seattle Area Condo Stats

MAR
16
2008

Sounds like your market is doing great, we are experiencing some of the exact same things in the Nashville real estate market. I have written about two buildings that might also do the same as your project: The Signature Tower and The Icon in the Gulch. At this point I am just trying to become an advocate for the new baseball stadium and convention center in the hopes that those two projects will help our economy recover a little faster. Best of luck to you!

3:21pm • #1
MAR
21
2008
143,785 Points 4 Featured Posts Localism Sponsor Outside Blog

Hi Kate,

This is good information.  Maybe you could post it regularly for folks! 

4:37pm • #2

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Kate Pedersen

Seattle, WA

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