The August sales reports are in and shows a really interesting mix of data. The condo market continues to slide down in value with some fabulous deals to be had in great buildings. The Capitol Hill residential market really stands out as a hallmark of year over year average home price increases across all three zip codes. Right now there is an average of a 14% increase in home prices from 2009 to 2010 on Capitol Hill.
Other noteworthy hot spots are Mt. Baker with a 8% increase in value and good old West Seattle averaging 16% this year alone!