The positive Seattle Eastside condo market continued through February! Seventy percent of the available condos sold last month in, on average, 2 months time. The median price for condos increased from $247,000 in 2013 to $263,000 this past February. There's a strong demand with little supply, which translates to higher prices.
Since condos were harder hit than single family homes during the downturn, this is welcome news. Many more condo owners are finding that they are no longer underwater and are now able to make a move.
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!