Last week of August. Who bought what, where and for how much? Typically a slow week with agents and clients taking some time away with their families before school starts.
[photopress:v.jpg,full,alignright]This is my absolute favorite property that sold this week, in Sammamish for almost $4,000,000. Going home there is like going on vacation every day after work. My definition of “sold” in the last seven days, for this article, is STI or PENDING…people “making decisions” to purchase.
Seattle under $300,000 – 38 people, between $300,000 and $400,000 – 66 people
70 people in each for the $400,000 to $500,000 range AND the $500,000 – $600,000
Then we really drop off to only 20 from $600,000 to $700,000, and then half of that at 10 from $700,000 to $800,000, half that again to 5 at $800,000 to $900,000, and 3 in the $900,000 to a million.
15 from $1 million to $2 million and two just over $2 million, one in Broadmoor and the other a tudor in Denny Blaine.
On the Eastside I used, Bellevue, Bothell (King County), Kenmore, Kirkland and Redmond.
Only 5 under $300,000 this week. 75 between $400,000 to $600,000. 4 between $2 million and $3 million vs. only 2 in Seattle, and about 10 in most other categories.
So all tolled on both sides of the Lake, most homes this week were sold between $300,000 and $600,000. That includes condos, townhomes and single family homes.
Fits into the theory that the average buyer is at $450,000 give or take.