Seattle rennie review - February 2022

seattle

PREVIOUSLY OWNED CONDO - JANUARY 2022

AVERAGE PRICE

AVERAGE PSF PRICE 5 % UP

MEDIAN PRICE

HOMES FOR SALE

CLOSED SALES

MONTHS OF INVENTORY

MARKET SUMMARY ›

21 % UP

1.8 % DOWN

4 % UP

67 % DOWN

0.9 SELLER’S

There were 159 previously owned condo homes for sale in Seattle in January, 21% below December and 67% lower vs January 2021. January’s previously owned condo closed sales decreased by 20% month-over-month (to 177), but were up 21% year-over-year. There was 0.9 months of inventory in January, reflecting seller’s market conditions. The previously owned condo median sold price in January was $455,000, 1.1% below December and 1.8% lower than January 2021. The average sold price was $560,978, 7% above last month; the average PSF sales price was $596, up 2% from last month.

VS 2021

VS 2021

VS 2021

VS 2021

VS 2021

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AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND ›

CLOSED SALES

HOMES FOR SALE

MEDIAN PRICE







 

















 













HOMES FOR SALE & CLOSED SALES BY PRICE RANGE

NUMBER OF BEDROOMS

CLOSED SALES

HOMES FOR SALE

MONTHS OF INVENTORY

CLOSED SALES HOMES FOR SALE

  





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Copyright © 2021 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of February 10, 2022. All data from Northwest Multiple Listing Serivce & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 8

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