May continued to exhibit an active condo market with double digit increases in units sold city-wide. Interestingly, NE Seattle and West Seattle showed the greatest increase in unit sales, mostly attributable to a robust resale market. City-wide, condos appreciated approximately 6% based on average sales price. However, across the board, median prices took a tumble from the prior month. Inventory has increased helping to create a buyers market, particularly with high-end properties, though I b... Read Full Post
Press Release Seattle Condos and Lofts (SCL) is pleased to announce that King5.com, the NBC affiliate in Seattle and part of Belo, has selected the SCL blog to provide content for King5.com's new condo section. King5.com receives over 6-million visitors per month giving Seattle Condos and Lofts tremendous exposure. SCL is the top-ranked condo blog in the Northwest and among the most visited consumer-focused real estate blogs in Washington (per Alexa). Additionally, SCL regularly out-paces ind... Read Full Post
February rebounded from a slow January start with condos in Seattle’s core neighborhoods realizing healthy increases, based on median sold prices. Though, average sold prices did take a tumble. Source: NWMLS - information deemed accurate but not guaranteed. For more information about Seattle Condos please visit SeattleCondosAndLofts.com. Read Full Post
Here’s some information readers may find useful. I’ve highlighted market trend activity for three core neighborhoods - Downtown, Capitol Hill and Queen Anne - as this is were the bulk of condos and lofts are located. Click on link below. There are three graphs for each neighborhood: Condos for Sale, Sold & Pending Average Price For Sale vs. Sold Average Price Per Square Foot Seattle Condo Market Trends Source: TrendGraphix Read Full Post
The Green Lake neighborhood in Seattle's north-end is a vibrant, active neighborhood centering around Green Lake Park. One of the many jewels in Seattle, the lush Green Lake Park rings a 2.8 mile lake providing Seattlelites with rowing, running, blading, walking, biking, tennis, soccer, basketball and softball activities. So, it's no secret that living close to the lake is very desirable. Two of the largest condominium project are The Greenlake and Florera. Both are less than 2 block to the l... Read Full Post
The NWMLS January 2007 update was recently released highlighted by a slow January start: Members of Northwest Multiple Listing Service reported rising inventory, slower – but an improving pace of sales, and rising prices compared to a year ago. The mood is upbeat: “Demand will outpace inventory in the second and third quarters of 2007,” predicts one MLS director; “The 2007 real estate market kicked off much stronger than anticipated,” remarked another broker; “When the sun came ou... Read Full Post
Amid the talks of bubble trouble Seattle condo resales in thea city center neighborhoods fared quite well in 2006. Although, not at the sales or appreciation levels experienced in 2004 and 2005, last year reflected continued growth and upward values. Read Full Post
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