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April 2007 Seattle Condo Market Update

By
Real Estate Agent with Keller Williams Greater Seattle

The Seattle condo market remained buoyant in April.  Unit sales were up 7.8% compared to the previous month, though values remained flat.  The average sale price dipped slight by -.4% while median price remained unchanged at $320,000.

Though the month-to-month figures appear to plateau, compared to the prior year, Seattle's condo market is performing extremely well.  The average sale price increased 10.8% over the same period last year while the median price increased a very respectable 7.6% to $320,000.  Unit sales reflected a healthy increase of 14.7%.

 

Reported by SeattleCondosAndLofts.com.

Source:  NWMLS, information deem accurate but not guaranteed.