Wednesday, July 8, 2009

Capitol Hill Condo Sales Take Big Jump in June

There were 36 Capitol Hill Condos sold in June of 2009. The median price was $286,500, and lasted just 37 days on the market. While the overall Seattle condo market has been fairly slow this year, the Capitol Hill neighborhood seems to be selling at a much faster pace. The median condo was a 1 bedroom 1 bath home. The maximum price paid last month was $565,000 for a 3 bed, 2.25 bath condo.


Compared to June of last year, we saw a 33% increase in condo sales on Capitol Hill, with just a 6% decrease in prices (median last year was $305,000). Considering that much of King County has seen 15% drops in prices since last year, this market remains very strong.
Capitol Hill, Seattle Condos For Sale

This data was not compiled or published by the Northwest Multiple Listing Service.
Featured Listing - 1029 Belmont Ave E #305, Seattle WA 98102The Palermo Condominiums - North Capitol Hill$440,000 - 2 bedrooms, 2 baths, Lake Union ViewsMotivated Seller - Just Reduced Price $55k!

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