Seattle Condo lovers – we are finally rolling out our monthly Queen Anne condos statistics.
We will now be covering Downtown, Capitol Hill and Queen Anne each month. You can sign up to receive our daily newsletter (see upper right hand corner) or simply check the condo sales tab on the home page and you’ll have immediate access to each month of sales activity.
Each month we try to engage our clients and readers with current market conditions. These stats are incredibly helpful. They help us analyze the monthly number of condos sold, the average pricer per unit and the average price per square foot. These are important numbers to understand wether you are a buyer or a seller in this market.
For example, we noticed some interesting trends last month (March). In Capitol Hill as an example, over 90 percent of all sales received full price offers or higher. The average sale was selling 7% above the asking price with a number of sales increasing 25% over their original asking price.