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PREVIOUSLY-OW NEDCONDO -NOVEMBER202
AVERAGEPSF PRICE
HOMES FOR SALE
MONTHS OF INVENTORY 2.5 SELLERS' MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
CLOSED SALES
Therewere68previouslyowned condohom esfor salein Seatlein N ovem ber,23% lowerthan Octoberand 386% higherthan N ovem ber2021. N ovem ber'spreviouslyowned condoclosed sales were10% lowerm onth-over-m onth (to27),and weredown 56% year-over-year.
▼ 5% VS 2021
▲ 2% VS 2021
▲ 386% VS 2021
▼ 56% VS 2021
▲ 2% VS 2021
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
Therewere2.5m onthsofinventoryin N ovem ber,reflecting selers'm arketconditions.
No. % Change
62 14 -56% 386% No. % Change
27 68
HOMESFORSALE CLOSED SALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
30 88
4% 13% 22% -14% -10% -23%
Thepreviouslyowned condom edian sold pricein N ovem berwas$672,000,22% aboveO ctober, and 1.8% abovevsN ovem ber2021. Theaveragesold pricewas$756,306,13% above lastm onth,theaveragePSF salespricewas$650, up 4% from lastm onth
$650 $756,306 $672,000 2.5
$623 $666,805 $550,000 2.9
$635 $797,924 $660,000 0.2
2% -5% 1.8% 1015%
▶ AVERAGEPERSQUAREFOOTPRICE
▶ HISTORICALTREND
● CLOSED SALES ● HOMESFORSALE ● MEDIAN PRICE
$650
$635
$800,000
$775,000
$737,500
$672,000
$518 $509
$660,000
$657,000
$647,500
98
88
77 106
50 91
61 58 58
62
68
44
39
36
33
53
52
14
27
16
4
30
12 16 23 27
SEAT LE KING COUNTY
▶ NUMBEROFBEDROOMS
▶ HOMESFORSALE&CLOSEDSALESBYPRICERANGE
SEL ERS'MARKET <4
BALANCED 4-6
BUYERS'MARKET 6+
● CLOSED SALES ● HOMESFORSALE ● MONTHSOFINVENTORY
● CLOSED SALES ● HOMESFORSALE
3.5
25
6
3+ bdrms
12
20
2.5 2.4
2.5
2.3
15
2.0
15
2 bdrms
38
10
1.3
5
6
<2 bdrms
0
18
<$400K $400-599K $600-799K $800-999K $1.0-1.249M $1.25-1.49M $1.5-1.99M $2M +
7 2 3.5
25 10 2.5
12 5 2.4
9 4 2.3
4 3 1.3
5 2 2.5
2 1 2.0
M onthsofInv. Closed Sales H om esforSale
4 0
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