Real Estate Market Information

Posted by Larry Cragun

Are you selling or thinking about doing so? It is still a buyers market. And for a fact buyers are buying in Issaquah. Our Issaquah Highlands office sold three homes over the weekend. In all 3 cases these were homes priced to be the best value for the money. That’s the way it is with so many homes for buyers to choose from.

This is a picture of May 11th activity for the entire MLS.

This weekend in Issaquah 4 homes went into a pending status. This is the first step or status when an offer is mutually agreed to. From here the next step is getting past the inspection. Financing is almost always a contingency at this point. Three of the 4 homes were 4 bedroom. The asking prices were between $399,950 and $ 559,900. All had at least 2.5 baths.

Contrast this with the number of homes available at this time: 567 – enough said?

RE: Homes not sold – The lowest price home is at $229,800 in May Valley that has been on the market for 241 days. The best deal in our opinion is the home we wrote about last week at 1.2 (I should say Homes) -

this oneat $1,250,000

By the way, we do this blog for fun and business and as a service to the community: Just know this “I would love to be your Realtor.”

This entry was posted on Monday, May 11th, 2009 at 10:59 am and is filed under Real Estate, Real Estate Information and Statistics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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