Queen Anne Seattle Condominium Market Update - June 2017

The condo market in Seattle remains strong and condo values on Queen Anne are climbing fast.

STUDIOS: The average Studio Condo on Queen Anne Hill sold for $346,000 and the median value is $324,000.  The average studio condo is 524 SF and sells at $679 per square foot in 8 days.

1 BEDROOMS: One bedroom condos on Queen Anne sold for $391,000 and the median value is $380,000.  The average size of a 1 bedroom condo is 681 SF and sells at $578 per SF in 13 days.

2 BEDROOMS: Two bedroom condos on Queen Anne sold for an average of $578,000 and a median price of $563,000.  The average size is 1108 SF and sells for $524 per SF in 19 days.

MARKET STATISTICS:

The average list price to sales price in the Queen Anne condo market is a whopping 106%!

The median sales price for condos in the Queen Anne Zip Codes is up 15.5% from 12 months ago in 98109 and 98119.  Seattle is up 14.4% for all property types year over year.

Inventory is still very short, down 20% in active listings from 1 year ago to a 0.76 month supply. A six month supply of homes is considered balanced.

Inventory is still very short, down 20% in active listings from 1 year ago to a 0.76 month supply. A six month supply of homes is considered balanced.

 


Search for all Seattle Area Condos in our quick search below.

http://www.urbanhomequest.com/search-homes/#/1512820441

 


For Sale by the Chris Cross Real Estate Group:

Queen Anne High School Studio Condo

For Sale:  $330,000, Studio Condo, Queen Anne High School.  A terrific studio home in historic Queen Anne High School. Quietly place in the Industrial Arts Building off a tree lined street, this unit features windows that stretch to the top of the 11’ ceilings, 18” concrete tiles, granite counters, cherry cabinets and doors, built in murphy bed and tons of light. Top floor, reserved parking, secure building, roof top deck with panoramic city and water views. Pets OK, no rental cap, 3 short blocks to Queen Anne Ave shops. 526 SF of living space.  See full listing: http://www.chriscrossrealestate.com/queen-anne-high-condo/


Recently Sold by the Chris Cross Real Estate Group:

Lake Union View Queen Anne Two Bedroom Condo

Terrific 180 degree views of Lake Union from this sizable 2 bedroom, 2 bath, end unit condo on East Queen Anne! The updated kitchen has beautiful new granite counters and stainless appliances. Private patio with fantastic views of the Lake & Gas Works Park. Master suite with 5 piece bath, walk in closet, patio slider & lake views. The 2nd bedroom has a murphy bed for den/bedroom flexibility. New carpets, gas fireplace, vaulted ceilings in the living room & 2 parking spaces in the secure garage!  $584,960 sale price. Link to listing: http://www.chriscrossrealestate.com/queen-anne-condo/


For more information or to setup a listing consultation or showing appointment, please fill in the form below: