This is my second monthly blog on this topic (please see previous blog which compares May of each year). These are the numbers per the Northwest Multiple Service:
In June 2009, 406 condominiums sold in King County with a median sales price of $250,000 or $251 a square foot. The median days on the market were 48 days.
In June 2008, 526 condominiums sold in King County with a median sales price of $294,750 or $292 a square foot. The median days on the market were 55 days.
The June 2009 median days on the market went down from not only last year of the same month but also from May 2009. This may be because sellers are more aggressive on price. The median condo sold in June 2009 for $251 square foot compared to $292 a year prior and $266 in May 2009.
Tuesday, July 7, 2009
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