What Is the Current State of Downtown Seattle Condos?
Downtown Seattle Condo Market | Pre-Labor Day Check-In 🏙️ As we head into Labor Day weekend, here’s where the downtown Seattle condo market stands: 🏙️ 285 active condos Ranging from $230K all the way to $15M at the Four Seasons. And yes, that $15M home is STUNNING. ✍️ 35 condos pending 21 of those went pending in just the past 14 days. 🔑 15 condos sold in the past 14 days Ranging from $270K to $2.3M at Fifteen Twenty-One. And one interesting thing to keep in mind: Seattle currently has NO new high-rise condo buildings in the pipeline. With only a couple of buildings still really falling into the “new construction” category, I’m lumping everything together for these updates going forward. My read: Inventory tightened as we moved through August, and now we wait for the traditional post-Labor Day flush of new listings. Buyers, be ready. 👀 I already know of some pretty amazing homes getting ready to hit the market. I’ll be watching what comes on, what moves quickly and where pricing lands. Next downtown condo update coming late next week. -Ash #SeattleRealEstate #DowntownSeattle #SeattleCondos #SeattleCondoMarket #WeLiveWhereWeWork