Whoa There Nellie, Issaquah Had An Increase In Sold Homes
Yes, Issaquah homes for sale had some buyers in May. Closed homes that were listed for sale numbered 35. That isn’t in the 60’s we used to see but it sure beats the heck out of the 15 homes that sold in April.
The price ranges are as follows:
charts courtesy of Northwest Multiple List
Look at the statistics chart above and ask – do you want to sell your home in 0 to 7 days? If the answer is yes, price it under $300,000. The stats are bad news if you are in the $500,00 to $550,000 range as the days on market averaged 588 days.
How about condos, condominiums, or condo, condominium? The answer: 25 sold in May versus 11 condos sold in April. Again, we used to hit over 60, but this news would be settling if it continued.
We close tomorrow on a condo we had listed. The sellers were serious sellers. They priced their condominium to be the best deal of its size in Issaquah Highlands. The buyers were tough but our sellers were serious.
We did everything we could besides price to capture the interest of the buyers: this included planning ahead on wall colors, what new carpet to put in, what it needed in accessories, etc. Once we had an offer our sellers responded as a serious seller would. There a lot of homes for sale, lots of condominiums. If you have your home listed and not sold, speak to your REALTOR on what it takes to be competitive.
Here is the breakdown of the condos that sold in may:
Almost a third of the condos sold in Issaquah were in the $200,000 to $250,000 range. Days on market were pretty decent statistics: 58.
So how many homes and condominiums are currently listed for sale in Issaquah at this time? The answer is scarry: 357 homes with an average day on market of 112 and 222 condominiums are listed in the MLS with an average days on market of 96.
Truly, it is still a buyers market when it comes to Issaquah Real Estate.
