seatle
PREVIOUSLY-OW NED CONDO -OCTOBER202
AVERAGEPSF PRICE
HOMES FOR SALE ▲ 16% VS 2021
MONTHS OF INVENTORY 3.4 SELLERS' MARKET
▶ MARKETSUMMARY Therewere505previouslyowned condo hom esforsalein Seatlein O ctober,0.8% higherthan Septem berand 16% higherthan October2021. O ctober'spreviously ow ned condo closed sales were27% lowerm onth-over-m onth (to150), and weredown 36% year-over-year.
AVERAGEPRICE
MEDIAN PRICE
CLOSED SALES
▼ 1% VS 2021
▼ 1.3% VS 2021
▼ 36% VS 2021
▲ 2% VS 2021
PREVIOUSYEAR
THISMONTH No.
PREVIOUSMONTH
Therewere3.4m onthsofinventoryin O ctober,reflecting selers'm arketconditions.
234 435 1.8% -0.5% -1.3% 81% -36% 16% No. % Change
No. % Change
HOMESFORSALE CLOSED SALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
150 505
205 501
-1.1% -2% 2% 38% -27% 0.8%
Thepreviouslyowned condom edian sold pricein Octoberwas$480,000,2% above Septem ber,and 1% below vsO ctober2021. Theaveragesold pricewas$566,524,2% below lastm onth,theaveragePSF salesprice was$618,down 1.1% from lastm onth
$618 $566,524 $480,000 3.4
$607 $569,527 $486,250 1.9
$625 $578,990 $470,000 2.4
▶ AVERAGEPERSQUAREFOOTPRICE
▶ HISTORICALTREND
● CLOSED SALES ● HOMESFORSALE ● MEDIAN PRICE
$607
$618
$497,000
$490,000 $485,000
$486,250
$480,000
$495,000
$460,000
$513 $536
523
505
501
466
471
435
335
312
256 297
221
217
304
234
176
256
263
252
220
213
222 205
197
162 175
150
SEAT LE KING COUNTY
▶ NUMBEROFBEDROOMS
▶ HOMESFORSALE&CLOSEDSALESBYPRICERANGE
SEL ERS'MARKET <4
BALANCED 4-6
BUYERS'MARKET 6+
● CLOSED SALES ● HOMESFORSALE ● MONTHSOFINVENTORY
● CLOSED SALES ● HOMESFORSALE
200
4
13.5
3+ bdrms
47
150
73
2 bdrms
100
240
5.8
4.2 4.1
50
3.0
73
2.4
2.1
<2 bdrms
0
218
<$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
89 43 2.1
189 63 3.0
105 25 4.2
33 8 4.1
27 2 13.5
12 5 2.4
23 4 5.8
26 0
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