Wow 117% Over List Price!
Impeccably maintained, this charming mid-century north seattle bungalow is situated back on a spacious lot in a prime neighborhood for walking/commuting.
It sold for 117% over list price in only 7 days on the market. If you are a home seller in the Pinehurst area, this is really good news. However if you are a homebuyer looking for homes here or in nearby Northgate, Maple Leaf or Roosevelt areas, it could spell trouble.
Year over year prices are up 17.6%. And homes here are selling fast, only 8 days on average.
Market Snapshot - Pinehurst (98125)
Some of the Single-family homes in the Pinehurst area have been on the market 84 days while the average time is 20 days. Homes that sold in the last 3 months have taken up to 150 days while the average time is 42 days. The minimum is 2 days.
Of the homes in this area in the last 3 months, 41 homes have sold and 21 are currently on the market. Plus, 74 new listings came on the market and 41 were sold. This means there is 1.5 months of inventory in the market today. A balanced market is defined as having 5 - 7 months of inventory, while a seller’s market has less than 5 months of inventory and a buyer’s market has more than 7 months of inventory.
Find Out What Your Pinehurst Home is Worth in Today's Market!
