Tuesday, July 10, 2007

Downtown Seattle Washington Real Estate Summary



Downtown Seattle Real Estate

Yes, Downtown is an official neighborhood of Seattle and Downtown Seattle real estate is booming.

...In any direction you are enjoying views of the Olympic Mountains, Elliott Bay, Mount Rainier, or the Cascade Mountains.

...The lowest sales price in Downtown Seattle was $240,000 and the highest sales price was $970,000.

...The average sales price was $436,508 with the lowest sale price being $240,000 and the highest sales price was $720,000.

...In 2005, there were 42 condo sales in Downtown Seattle, which totaled an 11% turnover rate. This was the highest condo turnover rate for the past four years. The average sales price for these 42 condos was $380,638 with the lowest price at $236,000 and the highest price at $900,000.

...Over the past twelve months (as of 3.15.07) there have been 14 condos sold in Downtown

Research Seattle Real Estate

Seattle that were assessed under $295,000.... This was an average sales price of 143% of their assessed value. Condos that were priced between $295,000 and $565,000 sold for 129% of their assessed value.
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