Condos in Seattle's Northeast neighborhoods realized a respectable 7.4% increase in appreciation, closely matching the citywide rate of 7.2%. The Northeast area (MLS Area 710) includes the U-district, Lake City, Northgate, Sand Point and the Pinehurst neighborhoods. While the demographics vary widely in this area, collectively, it's the most affordable area to purchase a condo.
Source: NWMLS. Appreciated rate based on closed sales reported as of 01/16/08.
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