Edgewood, WA

Edgewood, WA had seven homes closed in October 2009.

Here are the averages-

The average square footage was 2081.

The average $ per square foot was $161.21.

The average days on market is 124.

The average original list price was $365,757.

The average list price at contract was $346,471.

The average sold price was $337,636.

The average sale price to list price percentage was 97.45%.

The lowest sales price was $113,500 and the highest sales price was $499,950.

Of the seven sales five were on the market less than 90 days! More evidence that home buyers in Edgewood, WA were poised to take advantage of great sales prices and great interest rates. And maybe even the $8,000 tax credit.

Currently there are 46 active listings (homes without sales contracts) in Edgewood. Based on that and the current absorption rate, if no new listings hit the market, there is over 6 months of inventory.

If you are interested in buying or selling a home in Edgewood, WA- please feel free to contact me via cell phone, text msg, email, facebook or twitter.

September and October were busy months in South King County and North Pierce County. I am finally able to catch up on posting stats.

Edgewood, WA had six homes closed in September 2009.

Here are the averages-

The average square footage was 2182.

The average $ per square foot was $145.88.

The average days on market is 276.

The average original list price was $384,168.

The average list price at contract was $313,835.

The average sold price was $306,167.

The average sale price to list price percentage was 97.56%.

The lowest sales price was $190,000 and the highest sales price was $360,000. Four of these sales in Edgewood were over $300,000 which is great news because for a long time the $300,000 price point was a kiss of death.

If you are looking to buy or sell a home in Edgewood, please feel free to contact me via cell phone, text msg, email, facebook or twitter.

Federal Way, Edgewood, Milton & Tacoma homebuyers can now use $8,000 immediately!

"Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, on Tuesday said that the Federal Housing Administration is going to permit its lenders to allow home buyers to use the $8,000 tax credit as a down payment."

This is great news for people that haven't owned a home in 3 years or are first time home buyers in Federal Way, Edgewood, Milton and Tacoma!

The selection of available homes is at an all time high, interest rates are at an all time low, and home prices are at 2004 levels.

So if have been looking for a home in Federal Way, Edgewood, Milton or Tacoma, contact me. I'd be happy to help you take advantage of the government's $8,000 down payment.

For the complete article - click here for the Realtor.com article.

Edgewood home sales for April 2009 were pretty steady with 7 homes closed. Interestingly, none of these homes sold for more than $392,000. (As compared to the same period in 2008 where the highest purchase price was $649,000) Of these 7 Edgewood, WA homes six were priced at $300,000 or below.

Sale prices ranged from $175,700 to $392,000 with the average being $268,957.

Days on market ranged from 73 days to 246 days with the average being 182 days.

Price per square foot ranged from $107.66 to $205.53 with the average being $141.99.

Square footage ranged from 1,322 to 3,040 with the average being 1963.

Another interesting note was that the sales price vs. the list price ratio ranged from 95.05% to 105%. And on average these homes sold for 99.84% of list price. What this means for home buyers and sellers in Edgewood is in April there were not a lot of negotiations in the purchase price.

If you would like more information on Edgewood home sales statistics or current Edgewood homes for sale, please feel free to contact Debi Braulik at 206-949-4785.

All winter I have driven by the Edgewood Fruit Stand. And every time I drove by I would notice that their sign said "See you in the Spring".

I was starting to get worried that perhaps it wasn't going to reopen. Especially since Sterino's closed.

But then today, as I drove past, I noticed that the sign had been updated! It now says "Open May 16th." Yeah. And they will have some free giveaways.

This is a great local fruit stand that features local farm grown fruits and vegetables. I'm looking forward to the fresh Pink Lady apples, strawberries, blueberries, corn, and squash. The fruit stand is located on Meridian Avenue across the street from the Edgewood Flower Farm.

Be sure to stop by to support this local business.