Issaquah Real Estate Market Activity For June 2009
It used to be common for Issaquah to see 60 home and condo sales in a month. Not recently. At least not until, June 2009. June saw 60 closed home transactions and 39 closed Condominium transactions. The charts below show information and statistics on how that breaks down.
Condos: Days on market. 
Is your home or condominium for sale? Are you considering selling it? Note that there are two 1/3 pieces of the “days on market” chart above. One third were on the market over 120 days. One third were on the market less than 30 days. As we are currently active with different buyers we have been through a large segment of the Issaquah homes and condos for sale.
Here is my conclusion. Sellers, to not fall in the 120 days or more on market category – price your home to sell. It’s all over the board in home values as per listing price. Too many are listing their homes based on what they owe, what they paid, or what they need. Those 3 reasons have nothing to do with a homes current value. Competition of similar homes, specifically recently sold homes set the market value. More important in these time of difficult appraisals, sold homes set the market value. The homes that are selling are the homes and condos that are the best value. That’s it.
Now to the buyers out there. You want a good deal don’t you. Of course. But a good deal is based on the market also. If a home is priced low, don’t expect a huge discount. The chart below shows how close to asking price the actual sales are coming in.
Condos:
Homes:
A greater detail is show below: Homes Sold In Issaquah – June 2009
The Columns below are for 2 - 3 - 4 - 5- bedrooms.
