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