Downtown Condo Inventory Down Nearly 30% Year Over Year
Just a quick update on inventory. Year over year, Downtown Seattle condos for sale decreased nearly 30%.
Here is a quick chart to show you the severity of the decline.
This has created an often frustrating environment for buyers and some of our clients. We think it is important to stick with it, stay positive and eventually the right unit will hit the market. Everyone is dealing with the same market cycle. Hang in there. Patience is often required when making a great investment.
How do we compare to other major markets? Take a look at New York, Miami and San Francisco