Curious about what Downtown Seattle condos are selling for? I was working on an analysis for a seller of mine this morning and thought I would share the data I compiled with all of you. In my opinion, its crucial to review recent sales if you want to understand the market as a whole. Especially if you are thinking about buying or selling. So for this analysis, I used the following data points:
2 bedroom
Built in 2000 0r newer
Square Footage Between 800-2,500sf
Sold listings
180 days of data
I have three visuals:
- Data/Statistics/Numbers on the sales
- Number of sales by building
- Analysis of new construction vs. re-sale
DATA/STATISTICS
| Number of Sales | Average Square Footage | Average Cost Per Square Foot | Average Time (Days) On Market | Average Sale Price |
|---|---|---|---|---|
| 42 | 1,453 | $536.69 | 157 | $808,934 |
The least expensive unit sold for $227,000 ($247psf)
The most expensive unit sold for $2,000,000 ($536psf)
3 sales were short sales
2 sales were bank owned
CONDO SALES BY BUILDING
NEW CONSTRUCTION VS. RESALE CONDOS
![How_to_use_the_Exec_Summary [Condo]_WA_SEATTLE_98121](http://www.urbancondospaces.com/files/2011/02/How_to_use_the_Exec_Summary-Condo_WA_SEATTLE_98121.png)
RECENT COMMENTS ON UCS