AlkiCondoReport.com

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Welcome to the Alki Condo Report by WestSeattleHome.com. There is a lot of talk about the fast growing real estate market in Seattle and how difficult it is to purchase a home let alone afford one. Here is some great data to help you understanding and see the actual numbers relating to area condo sales. 

This report is generated quarterly. The most recent quarter ended June 2018. The data available runs back three years from this date. Data is based on available information from properties listed for sale on the Northwest MLS. Off market and private sales were not included in this analysis. 

 

Average Price Per SQFT

This graph is the average price per square foot of SOLD Alki condos. It does not include properties that did not sell or ones that are currently available for purchase.

Alki Condo Values - Average Price per SQFT

Average Sold Price vs For Sale Price

This graph highlights that average SOLD price per month versus the average FOR SALE price of Alki condos. Sold averages are based on the properties that officially closed during the month. For Sale prices include all properties that were for sale during that month including properties that closed during the month and any that carried over from the previous months. 

 

Alki Condo Values - Average List Price vs Average Sales Price

Average Sold Price as Percentage of Original List Price

This graph highlights the sold price as it relates to the original asking price. A mark of 100 is 100% of the original listing price. A mark of 106 would show that the average Alki condo sold for that month closed for 6% over that original asking price. 

 

Alki Condo Values - Average Sales Price vs Average Original List Price

Month of Inventory

This graph illustrates how many months it would take to sell all the currently available condos on the market at the current absorption rate should no more homes come on the market. A 4 to 6 months supply is consider a normal balanced market. Anything below is known as a Seller's Market because the typical seller has a negotiating advantage. Anything more than six months is a Buyer's Market. 

 

Alki Condo Values - Average Months of Housing Inventory

 

But, What is Happening in Alki Right Now?

There are three sections below. The first is the current "Active" condos for sale in Alki area of West Seattle. The second section is properties under contract or pending. The third section is recently sold condo units within the last 60 days.

At the bottom of each section you will find a running average for number of bedrooms, baths, average square footage, cost per square foot and days on market.

Click on any address to see detailed information about that specific property. 

 

>>>> If this real time information about the West Seattle real estate market is too general, you can create your own specific neighbor market report. See above at the top of this page. <<<<

Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
1250 Alki Avenue SW Unit #3A 3 4 2,181 $3,449,500 $1,581 104 days
1250 Alki Avenue SW Unit #5D 2 2 1,330 $2,099,500 $1,578 13 days
1250 Alki Avenue SW Unit #3F 1 2 1,169 $1,799,500 $1,539 69 days
3121 Alki Avenue SW Unit #C 2 2 1,371 $1,298,000 $946 33 days
3628 61st Avenue SW Unit #1 1 1 752 $799,000 $1,062 28 days
1338 Alki Avenue SW Unit #201 2 2 1,213 $775,000 $638 2 days
1101 Harbor Avenue SW Unit #2-B 2 2 1,314 $759,000 $577 62 days
3717 Beach Drive SW Unit #107 2 2 1,175 $740,000 $629 5 days
1221 Harbor Avenue SW Unit #304 2 2 1,369 $740,000 $540 41 days
3717 Beach Drive SW Unit #315 2 2 1,175 $700,000 $595 77 days
3628 61st Avenue SW Unit #2 1 1 528 $699,000 $1,323 28 days
1101 Harbor Avenue SW Unit #2C 2 2 1,146 $699,000 $609 34 days
1737 Harbor Avenue SW Unit #S-401 2 2 1,380 $699,000 $506 68 days
3717 Beach Drive SW Unit #306 2 2 1,020 $685,000 $671 0 days
2108 Alki Avenue SW Unit #107 2 2 1,387 $649,000 $467 138 days
1221 Harbor Avenue SW Unit #405 1 1 776 $539,000 $694 54 days
3707 60th Avenue SW Unit #1 2 1 813 $495,000 $608 17 days
Average: 1.8 1.9 1,182 $1,036,735 $857 46 days
Viewing 1 - 17 of 17
Viewing 1 - 17 of 17
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
1250 Alki Avenue SW Unit #5G 3 3 2,469 $3,999,950 $1,620 314 days
1250 Alki Avenue SW Unit #PHE 2 2 1,352 $2,249,950 $1,664 219 days
1250 Alki Avenue SW Unit #PHC 2 2 1,244 $2,099,950 $1,688 247 days
1250 Alki Avenue SW Unit #5E 2 2 1,352 $2,099,950 $1,553 293 days
1250 Alki Avenue SW Unit #4E 2 2 1,351 $1,999,950 $1,480 299 days
1250 Alki Avenue SW Unit #5F 1 2 1,169 $1,849,950 $1,582 247 days
1250 Alki Avenue SW Unit #4F 1 2 1,167 $1,849,500 $1,584 23 days
1250 Alki Avenue SW Unit #5C 2 2 1,244 $1,824,950 $1,467 268 days
1250 Alki Avenue SW Unit #2F 1 2 1,565 $1,749,950 $1,118 451 days
1250 Alki Avenue SW Unit #3G 2 2 1,274 $1,749,950 $1,373 204 days
1250 Alki Avenue SW Unit #1B 3 2 1,707 $1,724,950 $1,010 203 days
1250 Alki Avenue SW Unit #4C 2 2 1,244 $1,724,950 $1,386 436 days
1250 Alki Avenue SW Unit #1A 1 2 1,169 $1,149,950 $983 395 days
1140 Alki Avenue SW Unit #401 3 2 1,688 $865,000 $512 118 days
2200 Alki Avenue SW Unit #403 2 2 1,366 $849,000 $621 23 days
4248 Chilberg Avenue SW Unit #201 2 2 938 $789,000 $841 54 days
2920 Alki Avenue SW Unit #409 1 1 712 $520,000 $730 44 days
Average: 1.9 2.0 1,353 $1,711,582 $1,248 226 days
Viewing 1 - 17 of 17
Viewing 1 - 17 of 17
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
1661 Harbor Avenue SW Unit #302 2 2 1,654 $1,350,000 $1,350,000 $816 1 day 8/2/22
1502 Alki Avenue SW Unit #302 3 3 1,813 $1,290,000 $1,210,000 $667 6 days 8/4/22
4115 Beach Drive SW Unit #B 2 2 1,937 $1,100,000 $1,000,000 $516 83 days 8/10/22
1238 Alki Avenue SW Unit #402 2 2 1,268 $895,000 $895,000 $705 3 days 7/20/22
1402 Alki Avenue SW Unit #201 2 2 1,332 $850,000 $850,000 $638 7 days 7/5/22
1140 Alki Avenue SW Unit #404 2 2 1,424 $799,000 $775,000 $544 9 days 8/4/22
3633 Beach Drive SW Unit #302 2 2 984 $739,900 $760,000 $772 4 days 7/27/22
1301 Harbor Avenue SW Unit #113 3 2 1,396 $725,000 $725,000 $519 12 days 7/29/22
4248 Chilberg Avenue SW Unit #302 2 2 928 $715,000 $705,000 $759 208 days 8/12/22
1301 Harbor Avenue SW Unit #311 2 2 1,271 $700,000 $685,000 $538 5 days 7/1/22
4119 Beach Drive SW Unit #2 1 1 721 $675,000 $675,000 $936 2 days 8/10/22
Average: 2.1 2.0 1,338 $894,445 $875,454 $674 30 days
Viewing 1 - 11 of 11
Viewing 1 - 11 of 11
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.