Seattle Condos 3rd Quarter Market update

Posted Oct 12, 2007 @ 9:11 pm, Viewed by 319 Visitors, Read 321 Times.
While "gloom" is the adjective used to describe the country's housing market, Seattle, notably Seattle's condo market has been performing admirably well.  In the 3rd quarter 2007, city-wide results show an increase in unit sales of 4.9% and a very respectable 7.7% increase in median price compared to the same period a year ago.  The median price for a Seattle condo now stands at $323,000.

A closer look will show varying results by neighborhood with the more affordable Northwest Seattle region outperforming the rest of the city with 107% increase in unit sales.

Continue reading for charts and additional information on the Seattle condo market >>>
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benkjls

benkjls Seattle Real Estate Consultant and condo expert specializing in urban city lifestyle living. Ben maintains Seattle's most popular condo blog (Seattle Condos and Lofts) and also provides content to the Seattle NBC affiliate, King5 TV. Read More

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