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March 4, 2013

Seattle condo supply is at ‘historic low'

By JOURNAL STAFF

SEATTLE — The supply of new and previously owned condominiums for sale downtown is at its lowest level in more than a decade, and is down 95 percent from five years ago, according to a report by Realogics Sotheby's International Realty.

The research finds 120 units for sale today, compared with an estimated 2,500 units during the inventory peak in early 2008.


 
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