July numbers are in for the Seattle condo market and they're much like the national economy: nothing to get excited about.
- After three months of increases in sales, July sales came in below March levels but above Feb and took an almost 30% drop versus June.
- Those sales numbers were slightly better year-over-year with July sales about 6% below July of the previous year. This was actually better than June 2011 which was 15% below June of the previous year.
- Median prices month-to-month were up from $246k in June to $255k in July. Total condo listings meanwhile stayed steady and dropped less than 4% versus June.
Overall, this data looked a bit like the national economy. Some positive signs but pretty marginal.
By Wendy Leung with Seattle Condo Review. A guide to Seattle condos exclusively for buyers and sellers.