Seattle Condo Market Real Estate Stats
Updated August 2024 by Matt Goyer
July numbers for the downtown Seattle condo market have been released. The headline is that the median price is up to $628,000. The thing to remember right now is that there are not many sales of downtown condos, so the median price is pretty volatile!
Area: Downtown, Belltown, Denny Triangle, Pioneer Square, International District (excluding new construction)
Looking for single-family home stats? Check out our Seattle real estate market stats page.
Downtown Seattle Condo Median Sales Price
What was the median condo sales price in Downtown Seattle?
Seattle’s median condo sales price in July was $628,000, up from June’s $529,250. This is a 5.5% increase year-over-year. In July of 2023, the median price was $595,000.
Downtown Seattle Condo Median Sales Price per Square Foot
Downtown Seattle Condo New Listings
How many new condo listings did we see in July in Downtown Seattle?
We saw 56 new condo listings in July in Downtown Seattle, down from June’s 81 new listings. Compared to July 2023, new listings were up 6%.
Number of Downtown Seattle Condos For Sale
How many condos were for sale in Downtown Seattle at the end of July?
There were 202 condos for sale on the last day of July, down from 232 at the end of June. A year ago, there were 140 condos for sale on the last day of July. See all the downtown Seattle condos for sale.
Downtown Seattle Condo Pending Sales Numbers
How many condos went under contract or pending in Seattle in July?
28 condos went pending in downtown Seattle in July, up from 27 in June. A year ago, 32 condos went pending in July 2023.
Downtown Seattle Condo Closed Sales
How many condos closed in downtown Seattle in July?
27 condos closed in Downtown Seattle in July, up from 26 in June. Last year, 29 condos closed in July 2023.
Downtown Seattle Condo Median Days on Market
The median days on market for a condo increased in Downtown Seattle to 38.
Downtown Seattle Condo Median Percent of Last List Price
The median percent of the last list price was 98.9%.
Seattle Condo Months of Supply Inventory (Pending)
Months of supply, a measure of how long it would take to sell all the condos for sale if no new condos hit the market, decreased to 7.8. A balanced market is considered to be 3 months.