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Market Analysis

Inflation and the Seattle Condo Market

By Jeff Reynolds · January 14, 2024

Inflation and the Seattle Condo Market Just posted a new video on our channel. I explain how Inflation is effecting the Seattle condo market. Inventory is rising and I discuss how buyers can take advantage of this type of market. For the first time in over a year, the number of Seattle condos for sale is about to eclipse 200 units. This is very important development. For a buyer, this is the first time in nearly a decade where you can be selective with your purchase, negotiate the sales price and even ask for concessions. Seller Pricing For sellers, its critical that you price your unit perfectly. You can’t afford a mistake when picking the right price and marketing for your Seattle condo. It is more important than ever to choose the right person that will help you be successful. With less demand and rising rates, you have to be mindful of longer market times. It is so important that you really focus on the details. Have questions? Get in touch [emailprotected]


Originally published on UrbanCondoSpaces.com. Updated for Seattle Condo Authority.

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Jeff Reynolds

Jeff Reynolds

Seattle Condo Specialist · Compass Real Estate

Jeff has spent 20+ years helping buyers and sellers navigate Seattle's condo market building by building. Have a question about this topic?

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Or call directly: 206-794-1118 · jeff.reynolds@compass.com