Seattle Area Condo Stats

By
Real Estate Agent with Metropolist License #88953

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.

 

 

Posted by

_________________________________________________________________

Kate Pedersen

Broker / Realtor ®

206.841.5947

Realty Executives

View Houses For Sale

 



Comments (2)

Grant Hammond
Metropolitan Brokers, LLC - Nashville, TN
Nashville Homes

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!

Mar 16, 2008 08:21 AM
Leslie Bloss, Bellevue Real Estate Professional
Bellevue, WA

Hi Kate,

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

Mar 21, 2008 09:37 AM