seattle
NEW CONSTRUCT ION CONDO - SEPTEMBER 2021
AVERAGE PRICE
AVERAGE PSF PRICE
MEDIAN PRICE
HOMES FOR SALE
CLOSED SALES
MONTHS OF INVENTORY
MARKET SUMMARY ›
45 % UP
8 % DOWN
1.1 % DOWN
31 % DOWN
181 % UP
1.8 SELLER’S
There were 82 new construction condo homes for sale in Seattle in September, 25% below August, and 31% lower than August 2020. September’s new construction condo closed sales were 50% higher month-over-month (at 45), and were up 181% year-over-year. There was 1.8 months of inventory in September, reflecting sellers’ market conditions. The new construction condo median sold price in September was $714,000, 3% below August, and 8% lower vs September 2020. The average sold price was $878,764, 10% above last month; the average PSF sales price was $993, up 3% from last month.
VS 2020
VS 2020
VS 2020
VS 2020
VS 2020
1R
1R
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1R
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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
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›
CLOSED SALES
HOMES FOR SALE
MONTHS OF INVENTORY
CLOSED SALES HOMES FOR SALE
SELLER'S MARKET
BALANCED
BUYER'S MARKET
3
3+ bdrms
14
12
2 bdrms
35
. . . . 0 0 0 0 QD
30
MONTHS OF INV. CLOSED SALES HOMES FOR SALE
<2 bdrms
33
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 October 05, 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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. 7
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