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Hey, it's Anton Stetner with the Real Estate Solutions Group. Hey, thank
you guys for stopping by for two seconds today. We're going to talk about
Seattle real estate statistics for January 2012.
Right now for Seattle, the average is . . . and this is just residential,
by the way. Most of the time when we're going through these stats, we're
talking strictly residential, not condo in particular. Anyway, the averages
for January 2012, 3 bed, 1.95 bath, almost 2, and once again this is
average, and the square footage was 1,998 square feet. The average sales
price was $405,815. There were 278 units that sold for a total of $112.8
million, 56 days on the market.
So what does this really mean? I mean, who cares about all these numbers?
It's really interesting when we look at it relative to where it was. So if
we go to January of 2012, January 2011, average price is down by 8.2%.
Okay? The sales in units up by 20.7%. That's created a huge jump in your
number of units, and your days on market going down.
So once again, we still haven't seen average price kind of bottom out, but
we've been feeling that. And we're getting that upward pressure that's
starting to happen on pricing because you're seeing the number of units go
up, you're seeing the days on market go down, while inventory is
decreasing.
Anyway, there's our stats. If you guys have any questions, thoughts, or
comments, leave them below. Send us an e-mail, phone call, smoke signal. My
name's Anton Stetner with the Real Estate Solutions Group. Thank you.