June numbers are in and the Seattle condo recovery story appears to be an encouraging, if slightly boring trend (much like our national economy).  

  • At a macro level, after a more sluggish 1Q12,  the Seattle condo market is clearing it's fairly modest inventory quite regularly.
  • Sales were up slightly every month for the year 2012 including June 2012.  
  • Median prices were as steady as a rock holding between $260-$270k for the last 3 months (though this was up considerably over our Jan-Feb median price of $200-210k).  
  • Inventory has also been steady at around 600 listings since March (though down over Jan-Feb inventory of around 700 units).
  • At a neighborhood level, there aren't any big outliers either.  Every place seems to be following the same pattern (slow 1Q12 and now steady 2Q12).

I suppose this is the new normal 🙂

Neighborhood Stats

Seattle Condo Sales M-O-M

Seattle Condo Sales Y-O-Y

  Seattle Condo Median Prices (M-O-M)

Seattle Condo Median Prices Y-O-Y

Seattle Condo Listings M-O-M

Seattle Condo Listings Y-O-Y

                                          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 Seattle

Capitol Hill & MD & Central Condo Sales

Capitol Hill & MD & Central Condo Median Prices

Capitol Hill & MD & Central Condo Listings
(Data from NWMLS and is deemed reliable but not guaranteed.)

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