Monday, July 9, 2007

Belltown Seattle Washington Real Estate Summary



Belltown Seattle Real Estate

Belltown Seattle real estate is hot.... A well placed Belltown Seattle condo offers an excellent view of Downtown Seattle, Elliott Bay, and the Olympic Mountains.

Because of the convenience and views, a
Belltown Seattle condo is in very high demand.... Many new Belltown Seattle condos were built ranging from tiny studios to giant penthouses.

...The average length of ownership for a Belltown Seattle condo is 7.1 years.... Of the 630 condos, 273 of them have been owned for five years or less.

...This represents less than 10% of the condos available in
Belltown Seattle. The average selling price so far this year for a Belltown Seattle condo is $539,940. The lowest price this year was $235,000 and the high price was 2.2 Million.

...During the past 12 months 43 of the condos sold in
Belltown Seattle had an average selling price of $366,012. This average selling price for a Belltown condo was “on average” 1,294% greater than the assessed value.

...There were five of these sold during the past 12 months.... This average selling price was 140% greater than the assessed value.

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