seatle
PREVIOUSLY-OW NEDCONDO -NOVEMBER202
AVERAGEPSF PRICE
HOMES FOR SALE ▲ 36% VS 2021
MONTHS OF INVENTORY 3.3 SELLERS' MARKET
▶ MARKETSUMMARY Therewere425previouslyowned condo hom esforsalein Seatlein N ovem ber,15% lowerthan O ctoberand 36% higherthan N ovem ber2021. N ovem ber'spreviouslyowned condoclosed saleswere14% lowerm onth-over-m onth (to 129),and weredown 49% year-over-year. Therewere3.3m onthsofinventoryin N ovem ber,reflecting selers'm arket conditions. Thepreviouslyowned condom edian sold pricein N ovem berwas$450,500,6% below O ctober,and 3% below vsN ovem ber2021. Theaveragesold pricewas$563,310,0.6% below lastm onth,theaveragePSF salesprice was$569,down 8% from lastm onth
AVERAGEPRICE
MEDIAN PRICE
CLOSED SALES
▲ 3% VS 2021
▼ 3% VS 2021
▼ 49% VS 2021
▼ 2% VS 2021
PREVIOUSYEAR
THISMONTH No.
PREVIOUSMONTH
252 312 166% -49% 36% No. % Change
No. % Change
HOMESFORSALE CLOSED SALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
129 425
150 502
-6% -2% -14% -15.3%
$569 $563,310 $450,500 3.3
$582 $547,085 $462,500 1.2
$618 $566,524 $480,000 3.3
-2% 3% -3%
-8% -0.6%
▶ AVERAGEPERSQUAREFOOTPRICE
▶ HISTORICALTREND
● CLOSED SALES ● HOMESFORSALE ● MEDIAN PRICE
$582
$569
$485,500 $525,500
$482,000 $470,000
$462,500 $451,000
$450,500
$518 $509
520
502
494
460
469
425
334
312
256 297
221
217
304
176
256
263
252
220
213
222 205
197
129
162 175
150
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
25.0
150
3+ bdrms
40
20.0
100
52
2 bdrms
201
50
5.9
4.5
3.6
3.2
64
2.4
1.7
<2 bdrms
0
184
<$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
78 47 1.7
151 47 3.2
88 15 5.9
32 9 3.6
18 4 4.5
12 5 2.4
20 1 20.0
25 1 25.0
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