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PREVIOUSLY-OW NED CONDO -SEPTEMBER202
AVERAGEPSF PRICE
HOMES FOR SALE
MONTHS OF INVENTORY 2.2 SELLERS' MARKET
▶ MARKETSUMMARY Therewere97previouslyowned condohom esfor salein Seatlein Septem ber,5% higherthan Augustand 111% higherthan Septem ber2021. Septem ber'spreviously ow ned condo closed sales were12% lowerm onth-over-m onth (to44),and weredown 47% year-over-year.
AVERAGEPRICE
MEDIAN PRICE
CLOSED SALES
▲ 29% VS 2021
▲ 26% VS 2021
▲ 111% VS 2021
▼ 47% VS 2021
▲ 21% VS 2021
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
Therewere2.2m onthsofinventoryin Septem ber,reflecting selers'm arketconditions.
No. % Change
83 46 298% -47% 111% No. % Change
44 97
HOMESFORSALE CLOSED SALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
50 92
10% 15% 9% 20% -12% 5%
Thepreviouslyowned condom edian sold pricein Septem berwas$737,500,9% aboveAugust,and 26% abovevsSeptem ber2021. Theaveragesold pricewas$917,655,15% above lastm onth,theaveragePSF salespricewas$695, up 10% from lastm onth
$695 $917,655 $737,500 2.2
$630 $796,797 $675,000 1.8
$574 $708,934 $587,500 0.6
21% 29% 26%
▶ AVERAGEPERSQUAREFOOTPRICE
▶ HISTORICALTREND
● CLOSED SALES ● HOMESFORSALE ● MEDIAN PRICE
$695
$800,000
$775,000
$574
$737,500
$528 $550
$660,000
$587,500
$657,000
$647,500
97
83
78 108
50 92
61 58 58
60 62
39
36
44
33
53
52
46
14
16
4
22
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
6.0
30
7
3+ bdrms
5.0
20
4.8
20
31
2 bdrms
51
2.2
2.1
10
1.5
1.3
6
0.4
<2 bdrms
0
26
<$400K $400-599K $600-799K $800-999K $1.0-1.249M $1.25-1.49M $1.5-1.99M $2M +
4 3 1.3
29 14 2.1
24 5 4.8
20 9 2.2
5 1 5.0
6 4 1.5
3 7 0.4
6 1 6.0
M onthsofInv. Closed Sales H om esforSale
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