Out ofThe downtown Redmond neighborhood of River Trails has seen an increase in homes for sale and SOLD!
A quick overview of the area:
There are 3 separate Condo or Townhome developments in the River Trails neighborhood
- River Trails
- Meadowview Village at River Trails
- Windwood Village at River Trails
As of March 24, 2010 out of almost 500 Condos and Townhomes in the River Trails neighborhood there are only 10 that are currently listed for sale. They range in price from $323,000 to $479,500 depending on which of the 3 complexes the unit is in and the size.
In River Trails development there are 7 homes for sale
- 2 Bedroom 2.5 Bath 1258 sq ft for $323,000
- 3 Bedroom 2.5 Bath 1470 sq ft for $354,950
- 3 Bedroom 2.5 Bath 1470 sq ft for $375,000
- 3 Bedroom 2.5 Bath 1516 sq ft for $385,000
- 3 Bedroom 2.5 Bath 1496 sq ft for $399,950
- 3 Bedroom 2.5 Bath 1534 sq ft for $399,950
- 3 Bedroom 2.5 Bath 1596 sq ft for $434,990
In Meadowviewvillage at River Trails there are 2 homes for sale
- 2 Bedroom 2.5 Bath 1430 sq ft for $349,950
- 2 Bedroom 2.5 Bath 1728 sq ft for $479,500
In Windwood Village at River Trails there is 1 home for sale
- 2 Bedroom 2.5 Bath 1677 sq ft for $450,000
There are also 8 homes that have been for sale and now have a written contract on them. The most exciting part of this market update is that the homes that are under contract have been on the market for just under 50 days (on average). Out of the 8 homes
5 HAD ACCEPTED CONTRACTS ON THEM IN UNDER 30 DAYS! 1 EVEN WAS UNDER CONTRACT AFTER ONLY 6 DAYS ON THE MARKET
Based on these trends so far this year it looks as if the River Trails Neighborhood of Redmond has turned the corner and is approaching a stable market.
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