Photo: Joe Wolf
We found yesterday that more people look for housing in Belltown than any other neighborhood in Seattle. Hope those people are saving up because a new report says King County November condo sale prices were up to $240K from the $204K price they were at a year ago (a 17.4% jump). It's not just King County either as Snohomish County saw sale prices jump 19.7% over the last year.
For non-condo single family homes, median sales price was $280K area-wide, up 4.1%. King County saw a 2.9% drop in inventory but a 7.5% gain in prices. King County median prices came in at $414K (up from $385K last year), though as Seattle Bubble notes, sales in King County are down a whopping 22.8% from October to November.
· Home sales "chugging along," as recovery continues [Northwest MLS]
· King County condo sales prices jump [PSBJ]
· November Stats Preview: Slumping Sales Edition [Seattle Bubble]
· Everyone Wanted To Live In Belltown & Queen Anne In 2013 [Curbed Seattle]