Capitol Hill Real Estate

Dec 17 20150 Comment

If you’re looking to call Seattle’s Capitol Hill neighborhood home, here’s a quick update on sales activity in the area:
TGChartImage (1)

There were 69 homes available for sale at the end of November, which was down 34.3% over the previous month and down 22.5% from the previous year. 55 transactions closed during the month which was down 32.1% compared to October and another 75 units were placed under contract.

 

TGChartImage (3)

The average days on market in November increased slightly to 30 and sellers received 99% of their original asking price.

TGChartImage (4)

Inventory levels stayed consistent between October and November at 1.3 months of inventory, making Seattle a seller’s market for the last 24 consecutive months.

If you have any questions about the current state of Seattle’s real estate market, regardless of neighborhood, please don’t hesitate to reach out – we’re happy to help!