Here is a current look at the state of the condo market in Seattle and Bellevue. It should not surprise anyone to see that prices have fallen as far as they have. What is interesting, however, is the decrease in inventory. Some of it can be explained as seasonal, but it also shows a market on the mend. December was an unexpectedly good month for housing. Will it continue?
How will short sales and foreclosures make an impact on our local market? What about job growth? Will Seattle buck the national employment trend? Are prices going to stabilize? How does overall confidence in the economy make an impact on the housing market?
Seattle Condo Inventory & Price
Bellevue Condo Inventory & Price