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Real Estate Market Sales Report - Ashburn Condominiums 2011 - 02/13/12 11:30 PM
Here is the Real Estate Market Sales Report for Ashburn Condominiums 2011. Most of the sales Ashburn Condominiums were traditional sales, and a few foreclosures (REO's). If we compare original list price to sales price, you see a loss of 7% and a median days on the market of 61days.
Ashburn Condominiums Renton, WA 98055
The BLACK arrows represent Foreclosures (REO's), the YELLOW arrow represents an Estate Sale, and the other bars are non-distressed sales (Traditional Sales)
Ashburn Condominiums had ZERO short sales in 2011, with most of the sales being taditional sales.
Comparing the … (0 comments)
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Ashburn Condominiums in Renton just had its first successful short sale in 14 months - 02/13/12 11:00 PM
Ashburn Condominiums in Renton just had its first successful short sale in 14 months. Ashburn Condominiums has seen prices drop for townhomes and condos drastically last year compared to the year before (2010). Majority of the sales in 2011 were traditional, but when foreclosures hit the market it really took a hard hit. More and more distressed property is being listed for sale and that is putting a downward pressure on condo / townhome values in Ashburn Condominiums.
See the graphs below, they show values dropping from their original list price to their sold price by 7%, and a median time … (2 comments)
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West Seattle real estate market sales report 2011 - 02/05/12 07:52 PM
Here is West Seattle real estate market sales report for 2011. Majority of the sales in West Seattle were non-distressed properties, with a sales percentage of 69% compared to Forelcosures at 19% and Short Sales being 12%.
I noticed that non-distressed properties were fetching higher sales prices and were on the market less than distressed properties. I believe its due to Buyers not wanting to wait for a short sale to get approved in 90-120 days and the foreclosures that were selling needed work, therefore forcing Buyers to think twice about fixing a home and being cash poor.
Here is more … (0 comments)
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Bellevue, Kirkland, Seattle Real Estate Freddy Delgadillo with Realty Executives
Bellevue,
WA
More about me…
Realty Executives Brio
Address: 13010 NE 20th Street # 200, Bellevue, WA, 98005
Cell Phone: (425) 941-8688
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Judah Realty, LLC is a Real Estate Co. located in Bellevue, WA that provides Innovation, Strategy, Dedication and Results to its clients. Currently working directly with Buyers, Sellers, Asset Co. and representing Banks with disstressed properties.
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