Price Reduction – 4008 NE 40th St (Laurelhurst)
September 15, 2009 by Erin Schedler · Leave a Comment
Originally listed in July for $780,000
Price reduced in August to $760,000
Price reduced today (Sept 15) to $689,000
Personally, I think it’s still listed too high. This part of Laurelhurst just doesn’t command the same price points (Waterfront excluded) as other central areas of the neighborhood. That, paired with the fact that it needs significant upgrades (kitchen, baths, etc.) I wouldn’t [...]
Just Sold! 4138 42nd Ave NE
September 8, 2009 by Erin Schedler · Leave a Comment
Original list price: $549,950
List price when offer was made: $524,950
Cumulative days on market: 35
Final sale price: $500,000 (10% under original list)
If you read my last post (http://windermereblog.com/2009/09/04/just-sold-4747-45th-ave-ne-laurelhurst/), I talked a bit about seller strategies in this market. Case in point! I’m giving a virtual “gold star” to these sellers, for they recognized the reality of the [...]
Just Sold! 4747 45th Ave NE (Laurelhurst)
September 4, 2009 by Erin Schedler · 1 Comment
The home on 4747 45th Ave NE just closed today. Stats:
Original list price: $638,000
List price when offer was made: $550,000
Cumulative days on market: 311
Final sale price: $535,000 (17% under original list)
I think this is another example of the state of the market, and realities sellers are facing. Buyers today want to get a “screaming deal”. They [...]
