#QTT – Price of Condos v. Co-ops

Co-ops sell for 49% less than condos.

QTT - Condos v Co-ops

Watch this quick video for the details.

Co-ops are a different beast from condos.  The differences are far and wide, and we will cover that in a different blog.  For today, let’s look at the average sold price for condos and co-ops in Seattle over the past years:

condo and co-op sales price

As you can see, co-ops follow the same progression of market ups and downs, but do so at a much lower price point.  49% lower to be exact:

diff

Can we now see why Co-ops are so much less expensive than condos?

Leave a Reply

You must be logged in to post a comment.