Friday, February 28, 2014

How Fast Are Seattle Eastside Condos Selling?

Seattle Eastside condo inventory is amazingly low as we start the year.  The amount of condos for sale is actually very similar to what was available for sale in January, 2013.  It'd be difficult to find two years that start out so similarly.  There were 287 condos for sale this past January and 286 in January, 2013!
If all of the condos on the market in January were to sell, it would have only taken 1.4 months.  Condos have been selling within 96% of the asking price. 
Median pricing has gone from $210,000 to $275,000, a hefty jump.
via:http://eastsiderealestatebuzz.com/2014/02/14/how-fast-are-seattle-eastside-condos-selling/

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