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Seattle has recorded unprecedented gains in the condo market.

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Josh Nasvik, of Polaris Pacific, says as Seattle leads in job and population growth, demand for new housing will accelerate.

Considered one of the strongest housing markets in the country, Seattle has recorded unprecedented gains, with the condominium median sale price increasing 16.3% year-over-year to $610,500. High-rise prices have reached $1,010 per square foot, up 23.8% since this time last year, according to Polaris Pacific’s July 2018 Seattle condo data report.

Read more at The Globe

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