seattle
CONDO AUGUST
AVERAGE PRICE
AVERAGE PSF PRICE
MEDIAN PRICE
HOMES FOR SALE 39 % UP
CLOSED SALES
MONTHS OF INVENTORY 4.0 BALANCED
MARKET SUMMARY ›
1.0 % DOWN
1.3 % DOWN
6 % UP
18 % UP
There were 919 condo homes for sale in Seattle in August, 15% above July and 39% higher vs August 2019. August’s condo closed sales decreased by 8% month- over-month and were down 1.3% year-over-year. There was 4.0 months of inventory for condos in August, reflecting balanced market conditions. The condo median sold price in August was $499,444, 4% above July and 18% higher vs August 2019. The average sold price was $590,684, 1.0% below last month; the average PSF sales price was $595, up 0.3% from last month.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 800 251 3.2
% Change
No. 662 234 2.8
% Change
HOMES FOR SALE
919 231 4.0
15% -8% 25%
39%
CLOSED SALES
-1.3%
MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
41% 18%
$499,444 $480,000 $590,684 $596,536
4% $425,000 -1.0% $555,238
6%
$595
$593
0.3%
$601
-1.0%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND ›
CLOSED SALES
HOMES FOR SALE
MEDIAN PRICE
$499,444
$448,000 $480,000 $470,000 $467,500 $450,000
$425,000
919
662
653
647
472
356
346
234
231
213
194
177
181
146
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
BUYER'S MARKET
EGUPV
EGUPV
. . . . 0 0 0 0
EGUPV
MONTHS OF INV. CLOSED SALES HOMES FOR SALE
Copyright © 2020 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 September 10, 2020. 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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