I took a look at March 2013 data and pretty much every neighborhood has the same story.  Sales up. Median prices up.  Inventory flat.  

If you were one of those condo investors waiting for the market to pick up to avoid having to have a unit sit on the market too long, your time may have come.  You'll not reap huge windfalls from a pricing point of view but you'll certainly see some action and at a price that's considerably more than you would have gotten a year ago.

In terms of neighborhoods, Belltown/Downtown and Queen Anne/Magnolia both had almost double the units sold in March as they did in Feb but number of listings available was either flat or down versus February.  


Seattle Condo Sales MOM

Seattle Condo Sales YOY

Seattle Condo Median Prices MOM

Seattle Condo Median Prices YOY

Seattle Condo Listings MOM

Seattle Condo Listings YOY


                                            Belltown/ Downtown

Belltown & Downtown Condo Sales

Belltown & Downtown Condo Median Prices

Belltown & Downtown Condo Listings


                                               Queen Anne/ Magnolia

Queen Anne & Magnolia Condo Sales

Queen Anne & Magnolia Condo Median Prices

Queen Anne & Magnolia Condo Listings


                           Capitol Hill/ Madison/ Central 

Downtown Seattle Condos

Seattle Downtown Condos

Seattle Condos
( Data from NWMLS and are deemed reliable but not guaranteed. )


By Wendy Leung with Seattle Condo Review: A guide to Seattle Condos and Downtown Seattle Condos exclusively for buyers and sellers.