Seattle's condo market is still struggling. Downtown prices are still dropping but not at the rate in past years. Inventory is high with 17 months worth of inventory.
North Seattle's condo prices were helped last year by the first time buyers tax credit. Currently high inventory ranks the same as downtown.
And Edmonds condo market has nearly the same story as downtown Seattle. Currently there are 324 condos on the market; last month only 3 sold. Sellers are beginning to negotiate more.
_________________________________________________________________
Kate Pedersen
Broker / Realtor ®
206.841.5947
Realty Executives
