seatle
PREVIOUSLY-OW NEDCONDO -JUNE2023
AVERAGEPSF PRICE
HOMES FOR SALE ▼ 11% VS 2022
MONTHS OF INVENTORY 2.2 SELLERS' MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
CLOSED SALES
Therewere414previouslyowned condo hom esforsalein Seatlein June,7% higher than M ayand 11% lowerthan June2022. June'spreviouslyowned condoclosed sales were7% higherm onth-over-m onth (to190), and weredown 28% year-over-year.
▲ 5% VS 2022
▼ 4% VS 2022
▼ 28% VS 2022
▼ 1.3% VS 2022
PREVIOUSYEAR
THISMONTH No.
PREVIOUSMONTH
263 467 -28% -11% No. % Change
Therewere2.2m onthsofinventoryin June, reflecting selers'm arketconditions.
No. % Change
HOMESFORSALE CLOSED SALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
190 414
178 388
0% 7% 7%
Thepreviouslyowned condom edian sold pricein Junewas$477,500,6% below M ay, and 4% below vsJune2022. Theaveragesold pricewas$579,877,10% below lastm onth,theaveragePSF salesprice was$614,up 0.2% from lastm onth
$614 $579,877 $477,500 2.2
$622 $550,157 $495,000 1.8
-1.3% 5% -4% 23%
$613 $644,086 $510,000 2.2
0.2% -10% -6%
▶ AVERAGEPERSQUAREFOOTPRICE
▶ HISTORICALTREND
● CLOSED SALES ● HOMESFORSALE ● MEDIAN PRICE
$622
$495,000
$497,000
$614
$499,750
$477,500
$480,000 $462,000 $477,450
$566 $564
518
486
482
454
467
414
407
388
344
328
269 245 267
263
213
222 205
178 190
150
149 142
129
111
114
82
SEAT LE KING COUNTY
▶ NUMBEROFBEDROOMS
▶ HOMESFORSALE&CLOSEDSALESBYPRICERANGE
SEL ERS'MARKET <4
BALANCED 4-6
BUYERS'MARKET 6+
● CLOSED SALES ● HOMESFORSALE ● MONTHSOFINVENTORY
● CLOSED SALES ● HOMESFORSALE
13
11.5
3+ bdrms
35
100
7.5
82
2 bdrms
184
50
4.7
4.3
3.8
2.1
95
1.5 1.8
<2 bdrms
0
195
<$400K $400-599K $600-799K $800-999K $1.0-1.249M $1.25-1.49M $1.5-1.99M $2M +
M onthsofInv. Closed Sales H om esforSale
96 63 1.5
121 68 1.8
79 37 2.1
34 9 3.8
17 4 4.3
14 3 4.7
23 2 11.5
30 4 7.5
Copyright© 2023renniegroup ofcom panies.Alrightsreserved.Thism aterialm aynotbereproduced ordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroup ofcom panies.CurentasofJuly18,2023.Aldatafrom NorthwestMultipleListingService& Rennie.W hiletheinform ationand datacontained hereinhasbe nobtained from sourcesde m ed reliable,ac uracycannotbeguarante d.renniegroup ofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipientoftheinform ationshould takestepsasthe recipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontained withinthisreportshould notbeused asanopinionofvalue,suchopinionsshould and canbeobtained from arennieand as ociatesadvisor.Alinform ation issubjecttochangeand anypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom renniegroup ofcom panies.E.&O.E.
●
8
Made with FlippingBook - professional solution for displaying marketing and sales documents online