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