seattle
CONDO NOVEMBER
AVERAGE PRICE
AVERAGE PSF PRICE
MEDIAN PRICE
HOMES FOR SALE 59 % UP
CLOSED SALES
MONTHS OF INVENTORY 3.7 BALANCED
MARKET SUMMARY ›
13 % UP
0.0 %
11 % UP
29 % UP
There were 812 condo homes for sale in Seattle in November, 18% below October but 59% higher vs November 2019. November’s condo closed sales decreased by 12% month-over-month but were up 29% year-over-year. There was 3.7 months of inventory for condos in November, reflecting seller’s market conditions. The condo median sold price in November was $500,000, 1.3% above October and 11% higher vs November 2019. The average sold price was $592,903, 7% below last month; the average PSF sales price was $570, down 3% from last month.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 986 250 3.9
% Change
No. 512 170 3.0
% Change
HOMES FOR SALE
812 219 3.7
-18% -12%
59% 29% 23% 11% 13% 0.0%
CLOSED SALES
MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
-6%
$500,000 $493,750 $592,903 $638,123
1.3% $450,000 -7% $526,229
$570
$588
-3%
$570
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND ›
CLOSED SALES
HOMES FOR SALE
MEDIAN PRICE
$500,000
$450,000 $453,000 $483,500 $475,000 $480,000 $475,000
1,010
812
787
543
512
432
319
276
251
233
219
170
140
135
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
27
BUYER'S MARKET
3+ bdrms
60
101
2 bdrms
357
91
. . . . 0 0 0 0
<2 bdrms
395
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 December 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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