Bellevue, Kirkland, Seattle Real Estate Freddy Delgadillo with Realty Executives

Here is the Real Estate Market Sales Report for Ashburn Condominiums 2011. Most of the sales Ashburn Condominiums were traditional sales, and a few foreclosures (REO's). If we compare original list price to sales price, you see a loss of 7% and a median days on the market of 61days.

Ashburn Condominiums Renton, WA 98055

The BLACK arrows represent Foreclosures (REO's), the YELLOW arrow represents an Estate Sale, and the other bars are non-distressed sales (Traditional Sales)

Ashburn Condominiums had ZERO short sales in 2011, with most of the sales being taditional sales.

Comparing the two values of 2011, we can see that there is a price drop of 7%, but when we compare the average sold price of 2011 of $186,714 to what has sold in 2012, we see a loss of 9% in value.

There has only been one successful short sale in Ashburn Condominiums in 14 months, and we did it! Here is a link showing the SOLD listing.

If you would like to sell your condo / townhome, feel free to contact us for further assistance.

Ashburn Condominiums in Renton just had its first successful short sale in 14 months. Ashburn Condominiums has seen prices drop for townhomes and condos drastically last year compared to the year before (2010). Majority of the sales in 2011 were traditional, but when foreclosures hit the market it really took a hard hit. More and more distressed property is being listed for sale and that is putting a downward pressure on condo / townhome values in Ashburn Condominiums.

See the graphs below, they show values dropping from their original list price to their sold price by 7%, and a median time on the market of 61days. Two of the sales in 2011 were REO (Foreclosures) one was and Estate Sale, and four were Traditional Sales, with ZERO being Short Sales.

Being the only one to have closed a successful short sale in Ashburn Condominiums is amazing, knowing that many tried in 2011 and were not successful. Much has to do with me and my team as we have helped many homeowners avoid foreclosure thouugh a successful short sale. There is a system (Blue Print) that one should follow but many dont know it.

If you're having a financial difficulty making your mortgage payment, or would just like to know what your options are, please contact us directly for further assistance.

Ashburn Condominiums - Renton

107 South 50th Place # B, Renton, WA 98055

2BR / 2.5BA / 1,394sqft / Built in 2000 / SOLD $170,000 (SHORT SALE)

Search for condos and townhomes for sale in Ashburn Condominiums

Here is West Seattle real estate market sales report for 2011. Majority of the sales in West Seattle were non-distressed properties, with a sales percentage of 69% compared to Forelcosures at 19% and Short Sales being 12%.

I noticed that non-distressed properties were fetching higher sales prices and were on the market less than distressed properties. I believe its due to Buyers not wanting to wait for a short sale to get approved in 90-120 days and the foreclosures that were selling needed work, therefore forcing Buyers to think twice about fixing a home and being cash poor.

Here is more information on short sales and foreclosures in West Seattle.

See the numbers below and compare the three in market time, price-per-sqft, and median sales price.

West Seattle Market Sales Report-2011 (Sold Prices)

The median sales price for non-distressed properties was $472,420 a 32.5% higher than short sales and 54.12% higher than foreclosures.

West Seattle Market Sales Report-2011 (Avg. Days on Market)

Again, this report shows how non-distressed properties sale much faster and are off the market compared to short sales and foreclosures.

Search for homes for sale in West Seattle that are NOT distressed properties

Search for homes that are Short Sales and Foreclosures in West Seattle.

***Information Deemed Reliable But Cannot Be Guaranteed. Courtesy on NWMLS***

Kirkland home for sale coming soon on the market in Finn Hill - investor remodel and it will have all the amazing details a home Buyer is looking for. The home is under construction and is just weeks away from being completed. Just waiting for a nice sunny day to paint exterior, lay carpets, install appliances and finish up the landscaping, then it will be ready to be listed for sale.

Here is what it looks like outside right now.

Are you searching for short sales or forclosures in the Finn Hill / Kenmore area? View all homes for sale and if you would like a private tour, just let us know.

Traditional real estate sales in Kirkland- Finn Hill outperformed short sales and foreclosures in home values plus two other categories. Traditional sales in Finn Hill were much better received by home Buyers in comparison to short sales and foreclosures.

Here are three examples as to how traditional sales outperformed in Finn Hill;

1. Sales Price Values = 29% more

2. Days on Market = 31 days less

3. $/SQFT (Price per SQFT) = 11% more

Finn Hill is a community that offers lots of options to future homeowners wanting to relocate to this area. Here are jsut a few that are known to this community;

a) Great schools & parks (Northshore School & Lake Washington School District)

b) Easy access to major roads and higways

c) Quiet streets and friendly neighbors

As I hold open houses in Finn Hill on the weekends, i get asked by Buyers and Sellers what the real estate market is doing in the area and if home prices have stabilized. I normally hand out reports showing various market trends, but after much discussion, I decided to post the information for everyone to see and be more knoweledgeable of whats really happeing in Finn Hill.

Having this information is vital to how a future home Buyer is going to approach a home when making an offer and how a homeowner is going to react to a purchase and sale on their home. Many homeowners think that short sales and foreclosures, also known as "distressed properties" make up mush of the real estate sames in Finn Hill, but in data shows otherwise, as they only contribute 32% of all real estate sales for 2011 in Finn Hill.

Finn Hill Real Estate Market Sales Report 2011- Original Price vs. Sold Price

Finn Hill Real Estate Market Sales Report 2011- Days on Market

Traditional sales made up 68% of all real estate sales in Finn Hill 2011. Single family homes were on the market less days than "distressed property" by an average of 31 days.

Finn Hill Real Estate Market Sales Report 2011- $/SQFT

When you compare $/SQFT, the numbers are more favorable... as traditional sales retain $28.60 ($/SQFT) more than short sales and $10.22 ($/SQFT) more than foreclosures.

In summary, if you're wanting and are able to sell, you don't need to sell as a short sale based on the numbers shown in this report. Hire a real estate Broker that has the knowledge and skill set to assist you in your request.

Here are two homes that I sold in Finn Hill last year (2011) that were non-distressed. Both retained an offer within 10 days of being listed and closed shortly there after. Buyers are sick and tiered of waiting for short sales to get approved and some don't want to bother with foreclosures as they're in really bad shape.

Finn Hill Home - SOLD

Finn Hill Home - SOLD

If you would like a market analysis of your home, please fill out our form and we will contact your within one hour of your request (minus Christmas).