seattle
PREVIOUSLY OWNED CONDO JUNE
AVERAGE PRICE
AVERAGE PSF PRICE
MEDIAN PRICE
HOMES FOR SALE
CLOSED SALES
MONTHS OF INVENTORY
MARKET SUMMARY ›
10 % DOWN
11 % UP
1.2 % UP
9 % UP
96 % UP
1.5 SELLER’S
There were 487 previously owned condo homes for sale in Seattle in June, 5% above May but 10% lower vs June 2020. June’s previously owned condo closed sales increased by 18% month-over-month (to 326) and were up 96% year-over-year. There was 1.5 months of inventory in June, reflect- ing seller’s market conditions. The previously owned condo median sold price in June was $488,250, 5% above May and 9% higher vs June 2020. The average sold price was $584,167, 7% above last month; the average PSF sales price was $599, down 0.3% from last month.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 462 276 1.7
% Change
No. 543 166 3.3
% Change
HOMES FOR SALE
487 326 1.5
5%
-10% 96% -54% 11% 1.2% 9%
CLOSED SALES
18% -11%
MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
$488,250 $466,500 $584,167 $545,747
5% $449,250 7% $524,963
AVERAGE PRICE PSF
$599
$597
0.3%
$592
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND ›
CLOSED SALES
HOMES FOR SALE
MEDIAN PRICE
$485,000 $469,000
$475,000 $488,250
$449,250
$429,000 $450,000
859
787
543
532
492
487
487
326
306
227
227
203
187
166
SEATTLE
KING COUNTY
HOMES FOR SALE & CLOSED SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
CLOSED SALES
HOMES FOR SALE
MONTHS OF INVENTORY
CLOSED SALES HOMES FOR SALE
SELLER'S MARKET
BALANCED
17
3+ bdrms
BUYER'S MARKET
31
160
2 bdrms
211
149
. . . . 0 0 0 0
<2 bdrms
245
MONTHS OF INV. CLOSED SALES HOMES FOR SALE
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 July 14, 2021. 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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