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Central Business District Market Trends

Today, December 7, 2009

Median Sales Price in Central Business District

Embed Info
1 yr 5 yr Max
Central Business District median sales prices
Number of sold homes in Central Business District
NeighborhoodNov - Jan '09y-o-y3 months prior1 year prior5 years prior
Central Business District$285,000-51.3%$321,000$585,000$256,975
Seattle$374,627-10.4%$390,000$418,000$290,000
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Central Business District Summary

The median sales price for homes in Central Business District for Nov 08 to Jan 09 was $285,000. This represents a decline of 11.2%, or $36,000, compared to the prior quarter and a decrease of 51.3% compared to the prior year. Sales prices have appreciated 10.9% over the last 5 years in Central Business District, Seattle.

The median sales price of $285,000 for Central Business District is 23.92% lower than the median sales price for Seattle WA. Average listing price for homes on Trulia in Central Business District was $736,179 for the week ending Nov 25, which represents an increase of 3%, or $21,537 compared to the prior week and an increase of 6.1%, or $42,226, compared to the week ending Nov 04. Average price per square foot for homes in Central Business District was $463 in the most recent quarter, which is 25.14% higher than the average price per square foot for homes in Seattle.

 

Average Listing Price in Central Business District

Embed Info
1 yr 5 yr Max
Central Business District average property price
Central Business District – number of properties
NeighborhoodWeek ending
Nov 25
w-o-wWeek ending
Nov 18
Week ending
Nov 11
Week ending
Nov 4
Central Business District$736,179+3.0%$714,642$695,791$693,953
Seattle$610,339+0.4%$608,196$608,540$616,986
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Average Price Per Sqft for Homes in Central Business District

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1 yr 5 yr Max
Central Business District average price per square foot
NeighborhoodNov - Jan '09y-o-y3 months prior1 year prior5 years prior
Central Business District$463+285.8%$429$120$335
Seattle$370+9.1%$347$339$290
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Popular Neighborhoods in Seattle

Neighborhoods Week ending
Nov 25
w-o-w Week ending
Nov 18
Week ending
Nov 11
Wallingford 1 +1 2 1
Broadway 2 -1 1 2
Columbia City 3 +10 13 14
West Queen Anne 4 — 4 8
Greenwood 5 +2 7 6
Ravenna 6 -3 3 12

Homes for Sale in Central Business District

909 5th Avenue, Seattle WA
909 5th Ave…
$625,000
1 br  1 ½ ba
1420 Terry Avenue, Seattle WA
1420 Terry…
$549,990
2 br  1 ½ ba
1301 Spring Street #10E, Seattle WA
1301 Spring…
$440,000
1 br  1 ba
1000 Union Street, Seattle WA
1000 Union…
$399,950
2 br  2 ba
737 Olive Way #2501, Seattle WA
737 Olive…
$520,000
1 br  1 ba
1420 Terry Avenue #408, Seattle WA
1420 Terry…
$449,000
2 br  2 ba
View all Central Business District Homes for Sale
 
Stats & Trends
Central Business District, Seattle

Real Estate Overview

Market Trends

Home Prices Map

Community Info

Seattle

Real Estate Overview

Homes for Sale

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Nearby Neighborhoods

Neighborhoods
Median
sales price
Average
listing price
Pike Place Market
$971,498
$1,048,605
Pioneer Square
$411,000
$506,522
Yesler Terrace
$204,500
$233,761
Belltown
$449,745
$562,757
Minor
$396,000
$449,581
Broadway
$254,950
$741,805

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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.