Downtown Seattle's condo market is starting to sizzle. Compared to March, condo unit sales were up a whopping 82%, likely spurred by resales from recently completed projects and the seasonal market change. That's the good news. On the flip side, average sale price decreased 4% while the median price rose 4% to $441,950.
Compared to the same period in 2006, the downtown condo market performed quite respectfully. The average and median sale prices rose 6.3% and 10.5%, respectively.
Reported by SeattleCondosAndLofts.com.
Source: NWMLS, information deem accurate but not guaranteed. Figures are for NWMLS Area 701 which includes Downtown, Belltown, Denny Triangle, Pioneer Square and the International District.