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February Market Update - Seattle Condos

The condominium market in Seattle continues to be a seller's market with low inventory and swift sales performance.

The graphs below show statistics for Seattle condominiums for FEBRUARY 2017. Questions, let us know!

SUMMARY:
- Less inventory than last year at this time, down to .6 months' supply
- Higher median sales price than last year at this time, up 21%, to $474,950
- The highest number of sales so far this year are happening at the price point between $500,000 and $750,000
- 54% of listings are selling above list price
- Odds of selling are 106% (less condos coming on the market than are going pending)

YEAR OVER YEAR BASIC STATISTICS - Seattle Condos


SALES BY PRICE BRACKET - Seattle Condos















MEDIAN SOLD PRICE - Seattle Condos

























MONTHS SUPPLY - Seattle Condos

























LISTINGS SOLD AT, BELOW OR ABOVE LIST PRICE - Seattle Condos


ODDS OF SELLING - Seattle Condos


SALES NOT CLOSING - Seattle Condos




This post first appeared on Seattle Condos | Seattle Condos For Sale | Reviews, please read the originial post: here

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February Market Update - Seattle Condos

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