Seattle Condo, Once Priced $9.95M, Just Sold For $6M
Given this recent sale, which for now is the highest condo sale in Downtown year to date, I thought it would be interesting to compare last years $1M condo sales to 2020.
In 2020 versus 2019 (through August 20th)
Number of sales over a $1M in 2020 was 60 (3% increase)
Median sales price is $1,324,975 (5% increase over 2019)
Average sales price is $1,555,708 (23% decrease from 2019)
In 2019, condos on average took over 100 days to sell. In 2020 it is has only taken 80 days to sell.
Here is the list of every $1M condo sale year to date!