seatle
PREVIOUSLY-OW NEDCONDO -AUGUST202
AVERAGEPSF PRICE
HOMES FOR SALE ▲ 7.8% VS 2021
MONTHS OF INVENTORY 2.1 SELLERS' MARKET
▶ MARKETSUMMARY Therewere469previouslyowned condo hom esforsalein Seatlein August,13% lower than Julyand 8% higherthan August2021. August'spreviouslyowned condo closed sales were5% higherm onth-over-m onth (to224), and weredown 27% year-over-year.
AVERAGEPRICE
MEDIAN PRICE
CLOSED SALES
▲ 5% VS 2021
▲ 6% VS 2021
▼ 27% VS 2021
▲ 2% VS 2021
PREVIOUSYEAR
THISMONTH No.
PREVIOUSMONTH
Therewere2.1m onthsofinventoryin A ugust,reflecting selers'm arketconditions.
306 435 2% 5% 6% 47% -27% 8% No. % Change
No. % Change
HOMESFORSALE CLOSED SALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
224 469
213 540
-2% 2% 4% -17% 5% -13%
Thepreviouslyowned condom edian sold pricein Augustwas$499,500,4% aboveJuly, and 6% abovevsAugust2021. Theaveragesold pricewas$583,440,2% abovelastm onth,theaveragePSF salesprice was$615,down 2% from lastm onth
$615 $583,440 $499,500 2.1
$601 $555,780 $470,079 1.4
$628 $570,833 $482,000 2.5
▶ AVERAGEPERSQUAREFOOTPRICE
▶ HISTORICALTREND
● CLOSED SALES ● HOMESFORSALE ● MEDIAN PRICE
$615
$601
$499,500
$490,000 $485,000
$470,079 $486,250
$495,000
$460,000
$527 $536
540
480
435 462 436
469
340
313
256 297
221
217
304
306 282
224
260
176
263
234
252
223
213
198
177
163
SEAT LE KING COUNTY
▶ NUMBEROFBEDROOMS
▶ HOMESFORSALE&CLOSEDSALESBYPRICERANGE
SEL ERS'MARKET <4
BALANCED 4-6
BUYERS'MARKET 6+
● CLOSED SALES ● HOMESFORSALE ● MONTHSOFINVENTORY
● CLOSED SALES ● HOMESFORSALE
16
9.3
3+ bdrms
36
150
6.7
6.3
90
100
2 bdrms
211
50
2.8
2.5
2.1 2.3
118
1.1
<2 bdrms
0
222
<$400K $400-599K $600-799K $800-999K $1.0-1.249M $1.25-1.49M $1.5-1.99M $2M +
M onthsofInv. Closed Sales H om esforSale
81 71 1.1
169 82 2.1
99 43 2.3
35 14 2.5
25 4 6.3
11 4 2.8
20 3 6.7
28 3 9.3
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