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Oct
20
Posted by kerri sheehan
The NWMLSrecently posted real estate stats for September. These stats apply to King County residential units not condo’s. If you would like detailed information regarding the condominium market in Seattle, please email me at kerriproperties@comcast.net and I will forward the requested information.
08 07 YTD 08 YTD 07
Closed Sales 1,415 1,687 12,874 19,266
Avg Price $491,300 $563,645 $537,399 $569,580
Avg. time on market 73 58 74 54
Pending Sales 1,767 1,541 15,494 21,068
New listings 3,302 3,771
Pending sales are up but we still have a lot of listings coming on the market so the time on market and the total months worth of inventory have not changed in a substantial way meaning that it is still a buyers market.
Respectfully submitted by: Kerri Sheehan, Realtor Keller Williams Greater Seattle
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Oct
17
Posted by kerri sheehan
www.sycamoreconstructioninc.com
If you are thinking about a remodel, large or small - contact Sycamore Construction. Working out of the Phinney Ridge area, Sycamore Construction can handle any remodel project you might have from a small bathroom or basement to large additions and garages. They are especially adept at maintaining the integrity of old craftsman homes while updating them to fit their clients busy lifestyles. Ron Donovan, the Principal and head contractor of Sycamore Construction has been in the remodel/building industry most of his life and has loads of happy clients. Most of Sycamore Construction’s business stems from referrals. Once you see their work, you will understand why. They have a beautiful portfolio of past jobs and excellent referrals. Not only have I worked with Ron on multiple remodel projects, I’ve been helping with the expansion of the business. Maintaining the quality and integrity of the companies work is paramount. If you are interested in learning more contact Ron at 206-619-6554.
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Oct
07
Posted by kerri sheehan
OCTOBER 16TH UPDATE: This house went on the NWMLS on a Monday night, the sign went up 3ish on Tuesday, I held it open Tuesday from 3:30 - 6. A couple came in that night who made an offer that was accepted Thursday morning!!!! Opportunities abound for those ready to buy. The upside future equity opportunity on this house is tremendous. If you are ready to buy - there are loans available and even better, some great opportunities for first time buyers, those interested in new space and investors. Call me at 206-660-7489 if you are interested in buying or selling.
Welcome Home, This is the turn-key, old-world-charmer you’ve been looking for! Enter to gleaming hardwoods and tons of natural light. Updates include tuck-pointed chimney, remodeled bath, new electrical panel and service, and freshly refinished topnailed oak and fir floors. Step out back to your beautiful back yard with a patio and fruit trees. The 900 sq ft. unfinished basement and the 300 sq ft. attic both have high ceilings for future remodel to a finished 2100 sq ft house. A master suit can easily be added upstairs and the basement has tons of potential. Walk to Greenwood & Phinney!! Beautiful street - close to everything.
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Oct
01
Posted by kerri sheehan
Area 705: Ship Canal north to 145th. I5 East to the sound.
Currently there are 685 Active Listings in this area with an average days on market time of 64 days. The average size is 3 bedroom/ 2049 sq. ft and the average price is $574,152 with a median price of $495,000.
As of today there are 158 pending sales.
In the past 6 months, 934 Sales have been recorded: Avg size 3 bedroom/ 1,893 sq ft, 49 days on market with an average sales price of $505,877 which is roughly $10,000 less than the listing price. The Median price for the past 6 months was $469,950.
The following is an interesting break down of the sales:
461 properties sold with in 30 days or less (equals 49.36% of all sales) at 99.29% of listing price.
223 properties sold within 31- 60 days at 97.66% of list price.
Based on the sales in the past 6 months and the current inventory, we have a 4.41 month supply of homes on the market in area 705 which is not too extreme. Surprisingly enough to a lot of people is the fact that there are some multiple offer situations still occurring. One agent on our team reported that the last 6 transactions out of 15 where multiple price situations. So, if you are in the buying wishy washy stage….it is a fabulous time to buy! We still have decent inventories to choose from and the prices are at about 2006 level.
Written by: Kerri Sheehan - Realtor, Keller Williams
