301 single family homes sold in the city of Seattle in the last two weeks. Of these, the median home price
was listed for $525,000 and sold for $585,000. Half of these homes sold
in less than seven days.
North of downtown the median home was listed for $595,000 and sold for $623,000 ($331/sf) in 7 days.
Houses south of downtown were listed for a median price of $485,000 and sold in 8 days for a median price of $528,000 ($275/sf). This is a discount in price of roughly 17%.
The 24 homes that sold in southeast Seattle sold for a median price under $260/sf, roughly 18% less than homes in North Seattle.
Of the sales in the last two weeks, the neighborhoods that attracted the most sales were:
Ballard/Green Lake - 81
West Seattle - 57
North Seattle - 46
Central Seattle - 37
Location makes a difference.
Happy Investing!
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