A LOT OF TRENDS that have been going on since pandemic lockdowns first started are continuing: A central location is less of a priority, and suburbs are heating up more than ever. But as amenities return to denser, urban areas and some return to offices, downtown condos are back on the rise—and the market is likely only going to get more competitive from here.
The story is not entirely straightforward, and won’t be for a while. Since sales are reliably different each month of each year, year-over-year stats tend to be more telling for things like sales prices and market demand. But 2020 was, to put it mildly, bonkers. There’s still plenty to learn from last month’s numbers.
Join your host Sean Reynolds, owner of Summit Properties NW, and Reynolds & Kline Appraisal as he takes a look at this developing topic.
https://www.seattlemet.com/home-and-real-estate/2021/10/seattle-real-estate-trends-downtown-condos-september-2021
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