The one month figures from February to March 2007 showed a different picture from the First Quarter figures. As expected with seasonal market fluctuation, the number of sales increased in March. However, the core neighborhood values took a hit in March from the prior month.
The the decreased property values may raise some concern. Though the one month change, in and of itself, is not as meaningful as trending which reflects upward motion.
Price per square foot:
Prepared by Ben Kakimoto, Seattle Condos and Lofts.
Source: NWMLS & Trendgraphix. Information deemed reliable but not guaranteed.
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