Seattle, WA Market Conditions Update for May 2007

Here are the latest real estate market statistics for Seattle, WA. These numbers represent single family homes and condo sales only.  The percentage of homes on the market where the asking price has been reduced *: 32.0% 

Average	April 2007	May 2007	% Change
Asking Price	$529,162	$514,066	-2.9%
Sales Price	$579,449	$511,131	-11.8%
% of Asking Price	110%	99%	-10.0%
$/SQFT	$340	$305	-10.3%
Days on Market	71	65	-8.5%
Total Transactions	1,134	1,078	-4.9%

Read more about Seattle neighborhoods and homes.  Search for Seattle, WA homes and condos for sale.  Read more about the area of Downtown Seattle, view neighborhoods in North Seattle, review the community overview of South Seattle and browse a profile of West Seattle, WA.

All numbers are from the MLS and are deemed reliable but not guaranteed. * Market numbers as of 6/5/2007:  40,126 properties on the market with 12,849 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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