Puget Sound condo market swings in buyers’ favor

Condo buyers are gaining the upper hand locally and across the country.

A new report from Seattle-based Redfin found there were 123% more condo sellers than buyers nationwide in September, the largest gap since the company began tracking the data in 2013. The report estimates there were more than two sellers for every buyer across the country.

The Seattle metro area showed a similar trend. Redfin counted an estimated 2,284 condo sellers and 809 buyers in September, making it one of many major markets where buyers now have more leverage than sellers…

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