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Queen Anne Condo update - March 2008

In March, the condo market on Queen Anne reversed a price decline trend with a 20.2% increase in median price to $372,450, compared to the same period in the prior year. The number of active condo listings increased 42% over March 2007 to 251 properties. Fewer properties are being sold with closed sales down 44% from last year. However, the absorption rate of 4.6 months makes the Queen Anne/Magnolia neighborhood one of the strongest markets within Seattle.

Queen Anne | Magnolia Median Price

Queen Anne Condo Market Data

Posted by Ben Kakimoto - Seattle Condo Specialist on 04/16/2008 03:09 PM

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