Seattle Eastside condo inventory is amazingly low as we start the year. The amount of condos for sale is actually very similar to what was available for sale in January, 2013. It'd be difficult to find two years that start out so similarly. There were 287 condos for sale this past January and 286 in January, 2013!
If all of the condos on the market in January were to sell, it would have only taken 1.4 months. Condos have been selling within 96% of the asking price.
Median pricing has gone from $210,000 to $275,000, a hefty jump.
So enjoy Valentine's Day and think about making your move earlier, rather than later next year.
If you'd like more information about the condo market or your condo in particular, please feel free to contact us. We're here to help!