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Check out these most recent sales statistics for Seattle's Blue Ridge neighborhood below. There continues to be very little inventory for sale in this very popular Seattle neighborhood. February 2014 was a Seller's market!
The number of for sale listings were down 100% from previous month. The number of sold listings increased 100% month over month. The number of of homes under contract was down 100% comparing to previous month. The months of inventory based on closed sales is 0.
The average sold price per square foot was down 14.2% comparing to the previous month. The median sold price decreased by 43.6% from the previous
month. The average sold price also decreased by 43.7% from the previous month. Based on the 6 month trend, the average sold price trend is "neutral"
and the Median Sold Price trend is "neutral". The average days on market showed a neutral trend. The ratio of sold price vs. original list price is 89%.
We recently had the opportunity to find and sell a home to one of our buyer clients. After negotiating on our buyer's behalf, we were able to obtain a $1.675M Blue Ridge view home for $1.4M. What a pleasure it was to negotiate a great deal for our client!
If you are considering a Blue Ridge home sale or purchase, give us a call, email or text. After all, we are Northwest Seattle real estate experts!
-Steve and Sandra
206-769-9577
stevehill@windermere.com
BrennerHill.com
BrennerHillReviews.com
2014 is quickly becoming a busier year than years in the past. Even local moving will be affected this year. As of 3/19, many of the 31 movers in the Moving Link collaboration had no room for new clients for the last 10 days of March. It is about available capacity – or something you can relate to – Inventory! I know you don't have houses to sell and it must be frustrating! Imagine how your clients, who are stressed to the max, will feel when they wait to the last minute to look for a mover only to get shut out, stuck with an inferior mover, or pay an un-necessary premium.
Did you know that only half of Washington State real estate brokers are REALTORS? The REALTOR Association advances the professionalism and reputation of its members by effecting and promoting policies that preserve and expand real property rights and housing affordability, and by providing programs and services that enhance members’ abilities to conduct their business successfully with integrity and competency.
There are myths about the home shopping experience that must be addressed. We like to make the home buying experience as stress-free as possible, so please read these three big myths about home buying:
"One thing seems certain: we aren't likely to see average 30-year fixed mortgage rates return to the historic lows experienced in 2012."
