Median Sales Price For Queen Anne Condos Hits 10-Year High

By Jason Roach, Ewing & Clark, Inc.

According to statistics from the Northwest Multiple Listing Service, the median sales price for Queen Anne condos in the month of October was $426,750. This represents the highest monthly figure dating back the last ten years (which is as far back as the NWMLS will calculate).  Of course, this time period includes the boom from 2005-2007.  40 condos were sold and closed in October, compared to 25 last year at a median price of $389,000. 30 new condo listings came on the market on October compared to 34 a year ago.

Also, according to the NWMLS, October residential sales rebounded from slow September sales figures.  29 homes sold and closed compared to 23 a year earlier. The median sales price also crept up to $850,000 compared to $670,000 a year earlier. 41 new listings hit the market in October compared to 28 in October, 2014.

If you would like to chat about the Queen Anne real estate market, ask me about it when you see me in the neighborhood or feel free to contact me sooner.

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