seattle
PREVIOUSLY OWNED CONDO - SEPTEMBER 2021
AVERAGE PRICE
AVERAGE PSF PRICE
MEDIAN PRICE
HOMES FOR SALE
CLOSED SALES
MONTHS OF INVENTORY
MARKET SUMMARY ›
48 % DOWN
4 % UP
1.8 % UP
8 % UP
1.6 SELLER’S
3 % DOWN
There were 452 previously owned condo homes for sale in Seattle in September, 2% above August but 48% lower vs September 2020. September’s previously owned condo closed sales decreased by 8% month-over-month (to 281), but were up 8% year-over-year. There was 1.6 months of inventory in September, reflecting seller’s market conditions. The previously owned condo median sold price in September was $475,000, 1.0% above August and 1.8% lower than September 2020. The average sold price was $549,778, 1.1% below last month; the average PSF sales price was $603, up 0.3% from last month.
VS 2020
VS 2020
VS 2020
VS 2020
VS 2020
1R
1R
&KDQJH
1R
&KDQJH
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND ›
CLOSED SALES
HOMES FOR SALE
MEDIAN PRICE
$478,500 $466,500 $473,000 $475,000
$466,500 $475,000 $463,250
870
714
506
484
478
452
447
293
281
276
260
258
191
146
HOMES FOR SALE & CLOSED SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
CLOSED SALES
HOMES FOR SALE
MONTHS OF INVENTORY
CLOSED SALES HOMES FOR SALE
15
3+ bdrms
22
121
2 bdrms
200
145
. . . . 0 0 0 0
<2 bdrms
230
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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. 8
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