The Bentley House: Near Cougar Mountain Zoo: Agents are on site:
Link to open houses listed in the MLS by their listing agents. Agents data is available if you click the balloon on the map.
For the best value in Condominiums in the high 200’s and low 300’s click here for Tanglewood.
Sponsored by Bentley House Undressed
and the $300,000 +- Value Leader: Tanglewood in Klahanie.
This is the second Saturday and homes not in the MLS are open - Second Saturday Issaquah Highlands Tour Of Homes
The map of open houses is updated and quite handy. Well over 1000 folks have logged into our map. There are quite a few homes open this weekend, condos too. Some of the homes for sale and open this weekend are new listings and some show serious price reductions. Click here for the map.
Also, the October real estate statistics are available. The entire MLS shows that there is a 10.6 month inventory of condominiums listed for sale in King County. That shows it is still a serious buyers market.Interestingly, Issaquah is bucking the trend with a 5.7 months inventory of condos. See the chart below, and note this is fluctuating. One reason for this is the number of condos listed dropped by 45 and the sales increased from 28 to 38. The number of condos listed is the lowest number in the last 15 months.
Don’t get too excited: It was the opposite statistic for homes for sale and sold in Issaquah. Inventory was up to a 13.2 supply compared with a county wide statistic of 9.7 months.
I would say the open house volume is low. Why? Simple. Agents feel it is a waste of time as not many of you are looking now. Why? You say. Here are the mapped locations of those agents who placed their homes as open in the MLS. By The way - it is a great way to enjoy the fall weather and do a little dreaming. Click here or the photo to go to the map.
Tanglewood In Klahanie is our opinion of the current best value in Issaquah Condominiums.
Issaquah is about to discover the Ultimate In Condo Living. You will see it announced in a booth at Salmon Days, you will see it advertised on this Issaquah blog, in fact - it will have it’s own undressed blog. Again I ask, take out your pen and paper - write down what it would have if it were your vision of the ultimate in condo living. Make a list and check back here often, it is going to be nice.
Click here for the Tanglewood Condos in Klahanie Website
Click here for an article Kathleen wrote after visiting Tanglewood Condos.
The Chart below shows a huge drop in the average days on market for the current condo inventory for sale in Issaquah. Condominium days on market has dropped to less than 65% of September. The 63 average days on market are the fewest since last October.
The percent of asking price went from 96% to 98% of listing price.
Last month there was almost a years worth of condominium inventory on the market and it has dropped by 1/4th in one month. I will post each month how this trend is shaping up. I know from other blogs I write on that a large amount of non home owners out there are looking for the bottom. This is only one month, but very interesting.
If you are a potential condo buyer you might also find it interesting that the average price has risen from $240 to about $268 per square foot, back to where it was in June 2007.
Pardon the push for an advertising customer - Tanglewood Condominiums in Klahanie - but they recently dropped prices by close to 10%. You might want to check out this property with more amenities than you can imagine for the price.
25025 SE Klahanie Boulevard, Issaquah, WA 98029
The starter price for condominiums has dropped these past months. Also, there are 240 condominiums on the market at this time.
The lowest price condo is for sale at $179,450. There are 45 under $250,000.
If you want to live in this great city with all of its benefits now might be a good time to see if you qualify. FHA is a 3% down program. My many years as a loan officer taught me people can dig up 3% easier than they think if they put their minds to it. Heck I had one client sell an antique Cello and another sold a motercycle. Employers and family members can give gifts for this purchase also.
Coninuing on the for sale market looks like this:
$250,000 to $299,999 49 condos for sale.
$300,000 to $349,999 29 for sale.
$350,000 to $399,999 has 41
and $400,000 and above has 77 condo’s for sale.
The average days on market isn’t too good for sellers: 98
The most expensive condo at this time is $1,675,0000
To my friends in businessed I visit: Holiday Inn, Shell, Target, Jack in The Box, and Home Depot: It is time to stop driving from Puyallup and Tacoma – gas isn’t getting cheaper and home prices are. Lar
Does Issaquah Have The Street Of Dreams? Not officially, not now at least. But we can take you on one with the 70 homes and condos for sale over 1 million dollars. They range from Lakemont, to Tiger Mountain, Talus, Cougar Mountain, Montreaux, Pine Ridge, Issaquah - Hobart Road, Issaquah Highlands, and near and on Lake Sammamish.
The prices and days on market break down as follows:
| Listing Price Range | Quantity | Average DOM | ||
| $1,000,000 thru $1,249,999 | 20 | 144 | ||
| $1,250,000 thru $1,499,999 | 22 | 191 | ||
| $1,500,000 thru $1,749,999 | 7 | 134 | ||
| $1,750,000 thru $1,999,999 | 5 | 146 | ||
| $2,250,000 thru $2,499,999 | 5 | 147 | ||
| $2,500,000 thru $2,749,999 | 3 | 50 | ||
| $2,750,000 thru $2,999,999 | 5 | 213 | ||
| $3,250,000 thru $3,499,999 | 2 | 258 | ||
| $10,000,000 or more | 1 | 322 | ||
| 69 | 156 | |||
This price range is a buyers market if you are looking to purchase a home over 1 million in price in Issaquah. No homes in these price ranges sold in the last 30 days, 4 in the last 60 days, and 1 in the 30 days prior.
Hmmmmmmmmmmmmmmmmmmmmmmmmm? Starpoint is sort of like two condominiums. Starpoint North and Starpoint South. Pull into your parking garage using your electronic key, go up the elevator to your condo and you are home. No stairs, no yardwork, no worries. Even when it snows outside you are snug as a bug in a rug.
Cold outside, but warm and inviting inside. The Starpoint model shows how livin’ can be.
Even a courtyard invites you in.
Sunsets are spectacular
Starpoint is in Issaquah Highlands with all the benefits of that great community. Units feature hardwood floors, stainless steel appliances, granite countertops. The model has 2 master suites. Other units have a variety of floorplans. Priced from $299,950 - $499,950. There are still a few units available. It is a Green built building.
Exciting plans are in the works for the retail space below. Soon World Pies will open featuring tradtional and ethnic pizzas, espresso and more, also La Chic Pet which is a pet boutique with good food, accessories and even a doggie self service wash. That is just the beginning.
Starpoint feels very urban yet has all the attributes of the country with trails, woods, deer and even a few bears (very well behaved)!
Larry and Kathleen Cragun, authors of IssaquahUndressed.com are Keller Williams Realtors and would welcome the opportunity to show available units in Starpoint to you. 206-618-3724.
Dear Reader, as of November 15, 2007 the latest condo statistics are on this article:
These are interesting numbers. The comparison to a year ago show prices up this year with more sales last year. Days on market are longer, but not as long as homes. Some brackets are still very good for sellers, the higher end more buyer oriented.
This lower sentence is for 2006.
These stats are taken from the NW MLS.
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