List Your Magnolia Home at $899,000 and You Will Sell It At $899,000?

Could this be true?

You decide.  THREE of the last $800,000 and up Magnolia homes for sale that have closed in the last 30 days have had a final listing price of $899,000 and sold for $899,000.  The nine Magnolia homes sold ranged in selling price from $800,000 to $1,980,000 with a median sales price of $1 Million dollars and an average days on market of 84 days.  Not bad when you compare it to other areas of Seattle luxury homes. 

One of these Magnolia homes sold was sold by Molly and me for .. yes you guessed it: $899,000.  It had been listed by another agent for $1,100,000 and had views that warranted that price tag.  Despite that, we were able to snag it with other offers looming in the background for our amazing Magnolia buyers.