What is the average price for a condo in Seattle?
Buyers went pending on twice as many sales of Seattle condos last month than at the start of the pandemic in April 2020. Pending sales last month were about 23% higher than the same time in 2019. The median Seattle condo last month cost $490,000, up about 4.5% from last year.
Is it worth buying a condo in Seattle?
There are a lot of good reasons to buy a condo versus a traditional home or a townhouse. It is a more affordable entrance to many of Seattle’s urban villages and it provides a shared responsibility for caring for a building.
Is Zillow based in Seattle?
Zillow Group Inc. has nearly doubled its space in the Russell Investments Center since moving in six years ago. The Seattle-based online real estate marketplace moved into the downtown tower in 2011 with a 155,000-square-foot lease over seven floors. GAIN ACCESS TO EVERY LOCAL INSIGHT, LEAD AND MORE!
Are condo prices going down in Seattle?
November 2021 Seattle Condo Market Update The fall housing season started off strong with steady prices, solid unit sales activity and reduced inventory.
How is the condo market in Seattle?
In April, the median sale price of one was $930,000—up 22.37 percent from the same time last year. Paired with a moderate 12.21 percent growth on the condo side, and West Seattle is still showing signs of the blazing 2021 real estate market.
Are home prices dropping in Seattle?
Redfin data from March 2022 show Seattle home prices were up 18.3% compared to last year, and the average home sold for a median price of $889,000. To the south, Tacoma saw a similar trend when looking at that same time period, with the average home price seeing a 17.9% increase and a median selling price of $485,000.
Are condominiums worth it?
Yes, condos generally appreciate in value. That’s true of any piece of property—as long as it doesn’t have wheels or come from a trailer park. But, if you’re trying to decide between a condo or a house, keep in mind that a single-family home is usually going to grow in value faster than a condo will.
Which part of Seattle is best to live?
From thriving nightlife to beachfront living, here are the 20 best neighborhoods in Seattle.
- Fremont. Fremont is one of the most popular Seattle neighborhoods with a diverse and all-inclusive vibe.
- Capitol Hill.
- Belltown.
- Ballard.
- Queen Anne.
- Chinatown-International District.
- Pioneer Square.
- Beacon Hill.