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2019 Condo Report

CONDOS – SEATTLE & EASTSIDE

The Seattle and Eastside condo markets could not be more different. Seattle has seen the number of available units increase significantly while the Eastside has suffered from a lack of inventory. Seattle’s overall condo median sale price declined by 9.3% in 2019 to $458,500. The Ballard-Green Lake market was down the most (-16.4%) while Lake Forest Park-Kenmore was the only market not in the red (up 3.3%). In 2019, 45.9% of all Seattle condos, and 2.9% of condos priced above one million dollars, sold for at or above their listed price. On the Eastside, the median sale price was down 2.4% overall to $469,000. The communities south of I-90 did quite well with a 9.0% increase over 2018. Redmond fared worst with a 15.3% decline in its median sale price. In 2019, 49.3% of all Eastside condos, and 2.7% of condos priced above one million dollars, sold for at or above their listed price. Check out all of these factoids and more in the full condo report. Condo Report ↑ Back to top

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© Copyright 2019. Information and statistics derived from Northwest Multiple Listing Service.

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