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About Douglas County, WA

Wenatchee and the Columbia River in Fall

Perrin Cornell, ABR: Real Estate Agent in Wenatchee, WA

jpgLast week was a beautiful fall week weather wise. Great, spectacular weather is something we experience in Central Washington (entirely different from the West side i.e.Seattle). Sky was blue, air was clear and foliage was in full color. Just time for a quick walk along the Banks of the Columbia River.

One of the special features of our town is the development, in the last few year, of a river walk/trail system. Initially the loop was about 11.5 miles in length. Today there are several additional extensions. But it is a great place to be, relax and exercise.

I started near Porters Pond (see above). There were a lot of Mallards on the river

jpg There were also lots of critters but the most impressive was my partner Maggie... a long haired Dachshund that thinks the world is her oyster... which is not a bad attitude and in fact it probably is

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I Won A Pricing Contest

Carol Williams Wenatchee Real Estate: Real Estate Agent in Wenatchee, WA
I was informed last week that I won a pricing contest.

Late last summer my business partner and I were out on our weekly (new listings) tour when we came across an old farmhouse in East Wenatchee built in 1909. It was kind of a cool old house with 4 bedrooms, 2 baths, and 2432 square feet of living space and sat on a decent sized lot (.34 acres). It had been updated, but not overly so. It was comfortable but not fancy.

The listing agent was having a pricing contest. It was listed at $289,900 and she wanted us to put our business card in a bowl, with our guess at what the home would ultimately "close" at. The winner would get a gift certificate to the local restaurant of their choice.

I don't know what the other agents were guessing but I put $245,000 on my card and entered the contest. The listing agent gasped when she looked at my entry. I just shrugged and said that was my gut feeling, having just walked into the house (spending all of 5 minutes there). I suspected she would be surprised at my low guess. She almost seemed offended and, although I don't want to offend anyone, I was going to go with my best guess and hope to win the contest. My initial reaction was that it WAS overpriced. We were at the end of the summer selling season and entering a time of year when activity generally slowed down. The market felt softer, but activity was still good.

Anyway... the home lanquished on the market for quite a while and the original listing eventually expired. They probably purposely let it expire, so they could re-list it and have the "Days-on-market" counter reset, which it did. When it was re-listed the new price was $250,000. Whoa! Now we're getting somewhere. It still lanquished on the market for a while but did finally close last week at $250,000. I don't know if there were any selling concessions (closing costs, etc), which is very possible, and would make my guess of $245,000 almost dead on.

I am sometimes amazed at the amount of time spent doing official price analysis' (known as CMAs) for homeowners and, yet, when we walk into a house sight-unseen, we can immediately get a gut feeling for what the actual market value is based on overall current conditions. The computer data just can't keep up with, or take into consideration, all the market dynamics. Experience in the market is a key factor.

Have a great week!


For current Wenatchee real estate news, info and trends contact the TOP Team:
Carol Williams TopTeamCarol@gmail.com
Shelley Granger TopTeamShelley@gmail.com

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East Wenatchee's Briarwood: Market Report 2007

Carol Williams Wenatchee Real Estate: Real Estate Agent in Wenatchee, WA

 I last reported on the homes for sale and sold activity in the Briarwood subdivision in East Wenatchee in early August of last year. Briarwood is one of the most popular neighborhoods in East Wenatchee and homes sell fairly quickly there. Last year homes sold within 30 - 150 days from the listing date. Generally speaking, the higher the price the longer the days-on-market period.

Just as a point of interest, for the homes listed with "Briarwood" street addresses, the higher the number, the higher the elevation and the better the view. Briarwood runs from west to east up the hill. The other streets (Holly, Hannah, Huntwood, Harrington and Clarissa) mostly run north and south and views are not as prominent.





Here is a list of the 3 current active listings of homes for sale in Briarwood subdivision:
825 Briarwood $519,900 4 bedrooms, 4 bathrooms 4030 square feet
800 Briarwood $539,900 5 bedrooms, 3 bathrooms 3434 square feet
838 Briarwood $568,000 4 bedrooms, 2 bathrooms 5148 square feet

There were a total of 12 sales in the Briarwood subdivision for the calendar year 2007:
1644 Huntwood $369,900 4 bedrooms, 2.5 bathrooms 2255 square feet
1513 Hannah $387,000 3 bedrooms, 2 bathrooms 2431 square feet
1557 Holly $390,000 4 bedrooms, 3.25 bathrooms 2426 square feet
614 Clarissa $405,000 4 bedrooms, 3 bathrooms 2872 square feet
604 Briarwood $410,000 4 bedrooms, 2.5 bathrooms 2787 square feet
1525 Hannah $414,000 4 bedrooms, 2.5 bathrooms 2840 square feet
1637 Huntwood $425,000 4 bedrooms, 2.5 bathrooms 2816 square feet
1547 Harrington $429,000 3 bedrooms, 3 bathrooms 2800 square feet
854 Briarwood $563,000 5 bedrooms, 3 bathrooms 3654 square feet
718 Briarwood $588,500 4 bedrooms, 2.75 bathrooms 4492 square feet
975 Briarwood $599,000 4 bedrooms, 2.5 bathrooms 4289 square feet
817 Briarwood $650,000 3 bedrooms, 4 bathrooms 3800 square feet

Carol Williams

For up to date market info contact the TOP Team:
Carol Williams TopTeamCarol@gmail.com
Shelley Granger TopTeamShelley@gmail.com

Current Wenatchee real estate news, info and trends
FREE search of all homes and land for sale in Wenatchee