With my new listing in the Bitter Lake neighborhood, I have been doing a lot of research on the market in the area. The numbers are a little harder to discern, because I think a lot of agents not working in this area mistakenly list homes in other neighborhoods like Greenwood and Broadview. None the less, here are the numbers in Bitter Lake.
| Single Family Homes Currently for Sale | 7 |
| Under $500,000 | 6 |
| Over $1,000,000 | 0 |
| Lowest Priced Single Family House | $269,950 |
| Highest Priced Single Family House | $575,000 |
| Median Home Price | $345,000 |
| Average Days on Market | 33 |
| Current Market Trend | Weak Buyer's Market |
| Condominiums Currently for Sale | 12 |
| Under $500,000 | 12 |
| Over $1,000,000 | 0 |
| Lowest Priced Condominium | $179,900 | Mortgage Information | ||
| Highest Priced Condominium | $349,950 | |||
| Avg. 30 Year Fixed | 6.375% | |||
| Median Condo Price | $247,495 | Avg. 15 Year Fixed | 5.875% | |
| Average Days on Market | 46 | Avg. 3/1 ARM | 5.750% | |
| Current Market Trend | Ballanced Market |
If you would like a detailed report showing all the homes that have sold over the past 6 months in your neighborhoood, and a copy of the booklet "Sell Your Home Fast for Top Dollar", let me know.
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