Downtown Seattle Real Estate 2009 Condo Market

Downtown seattle condosDowntown Seattle is the very center of Seattle real estate and this Seattle neighborhood has had an interesting market for 2009.  Total closed sales as of today in Downtown Seattle for 2009 are 57 condos ranging from $215,000 to a whopping $9,750,000 for sales prices.  This is comparison to their original list prices of $216,000 and $12,000,000.  Market time varied from 0 to 322 days with an average of 84 days and a median of 72 days on market.  The average selling price was $1,031,348 and the median has been $655,000 so far for 2009 Downtown Seattle condo sales.

Downtown Seattle condos have become surprisingly affordable real estate for many first time home buyers.  The average dollar per square foot for units under $400,000 sold so far for 2009 is $442.20 a square foot with 17 condos under $400,000 sold so far in 2009.  Under $300,000, there have been 9 sold so far for the year.  In looking at Downtown Seattle real estate listings available which include 145 condos, there are 14 for under $300,000 right now and 31 under $400,000.  You can see them here:

Downtown Seattle Condos

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More info? courtney@cooperjacobs.com 206-251-5948

2 commentsCourtney Cooper 206-850-8841 • October 05 2009 10:20AM

Comments

Hi Courtney,

This is great information.  Thank you for keeping us up dated on the Seattle Condo market.

Have a great day.

Sharon

Posted by Sharon Senger (The British Virtual Assistant) 11 months ago

Hey Sharon - I love the places Downtown!  Glad to see you in the Rain:)

Posted by Courtney Cooper 206-850-8841 (Seattle Real Estate: Cooper Jacobs Real Estate Services) 11 months ago

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