seattle
PREVIOUSLY OWNED CONDO APRI L
AVERAGE PRICE
AVERAGE PSF PRICE 4 % UP
MEDIAN PRICE
HOMES FOR SALE 29 % UP
CLOSED SALES
MONTHS OF INVENTORY
MARKET SUMMARY ›
14 % UP
4 % UP
133 % UP
1.6 SELLER’S
There were 481 previously owned condo homes for sale in Seattle in April, 4% below March but 29% higher vs April 2020. April’s previously owned condo closed sales increased by 20% month-over-month (to 310) and were up 133% year-over-year. There was 1.6 months of inventory in April, reflect- ing seller’s market conditions. The previously owned condo median sold price in April was $477,350, 0.2% below March but 4% higher vs April 2020. The average sold price was $579,948, 3% above last month; the average PSF sales price was $608, up 3% from last month.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 499 258 1.9
% Change
No. 372 133 2.8
% Change
HOMES FOR SALE
481 310 1.6
-4% 20% -20%
29%
CLOSED SALES
133% -45%
MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
$477,350 $478,500 $579,948 $561,057
-0.2% $458,000 3% $508,434
4%
14%
AVERAGE PRICE PSF
$608
$593
3%
$583
4%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND ›
CLOSED SALES
HOMES FOR SALE
MEDIAN PRICE
$485,000 $469,000
$477,350
$458,000 $449,250
$429,000 $450,000
862
787
543
537
499
481
372
310
227
227
203
187
166
133
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
20
3+ bdrms
26
SELLER'S MARKET
138
BALANCED
2 bdrms
BUYER'S MARKET
199
152
. . . . 0 0 0 0
<2 bdrms
256
MONTHS OF INV. CLOSED SALES HOMES FOR SALE
Copyright © 2021 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 May 11, 2021. 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. 8
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