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Northeast Seattle condo update - March 2008

Condos in the Northeast Seattle area (University, Roosevelt, Lake City, Pinehurst, Wedgwood) is slowing showing signs of improvement from the seasonal Winter downturn. The median condo price rose slightly over February to $255,800, though a tad lower than March of 2007 by .85%.

Unfortunately, the 126 active listings reflect a 5% increase over February and 142% above the same period last year. However, the Northeast neighborhoods were the only areas of the city that did not experience a decline in the number of pending sales, and at 4.1 months, has the lowest inventory supply rate in Seattle.

northeast seattle condos

Posted by Ben Kakimoto - Seattle Condo Specialist on 04/19/2008 05:33 PM

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