Issaquah, WA

Home Sales Report for Issaquah WA. Median list price is $532,475 with 264 properties that have been on the market for an average of 217 days. The Market Action Index has been trending down lately, while inventory and days-on-market are climbing. The trends imply a weakening market.. Supply & Demand - The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly. In the Downtown Issaquah and Issaquah Highlands neighborhoods we have still seen relatively strong sales.

If you are interested in selling your home for top dollar in the quickest amount of time, please contact me anytime at 206-818-8816 or Click here to send me an e-mail requesting further information.

Downloand Complete Issaquah Home Sales Report Now:

Super Bowl Cure . . . If You Don't Like Cute . . . Stop Here! - - -

The strategy for today was to take my wife Mary to some event that would offset my engagement in that All America pastime of gorging on the Super Bowl. So, the event we just took in this morning was a rabbit and cavy (guinea pig) 4-H show in Issaquah, to the southeast of Seattle. A small sample of the pictures is below.

What I didn't figure on was learning from the leader of the group that its very existence is threatened by King County not funding as it did in the past. This is a real shame when you see young children enjoying an engagement with animals and having wholesome fun. We didn't see any video games in use. But, more on that rant about government's short sidedness in a future post . . . now on with the show . . .

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The 4-H Pledge

"I pledge my Head to clearer thinking,
my Heart to greater loyalty,
my Hands to larger service,
and my Health to better living,
... for my Club, my community, my country and my world."

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Home Sales Report for Issaquah WA. Median list price is $535,000 with 257 properties that have been on the market for an average of 225 days. Inventory has been lightening lately and the Market Action Index has been trending up. Though days-on-market
is increasing, these are mildly positive indications for the market.. Supply & Demand - The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly. In the Downtown Issaquah and Issaquah Highlands Neighborhoods we have seen relatively strong sales.

If you are interested in selling your home for top dollar in the quickest amount of time, please contact me anytime at 206-818-8816 or Click here to send me an e-mail requesting further information.

Download Complete Issaquah Home Sales Report Now:

Bank Owned Homes in Issaquah WA  Some of the best deals in Real Estate are REO or Bank Owned Real Estate.  Banks are in a hurry to sell a home and they intentionally price it 20% below the market.  A Bank Owned home is property that goes back to the mortgage company after an unsuccessful foreclosure auction. You see, most foreclosure auctions do not even result in bids. After all, if there was enough equity in the property to satisfy the loan, the owner would have probably sold the property and paid off the bank. That is why the property ends up at a foreclosure or trustee sale.

Issaquah WA Bank Owned Market Statistics for January 2010

Active: 8

Pending: 6

Sold: 4

Other: 0

Total: 18

	Bedrooms	Bathrooms	Square Feet	List Price	Selling Price	DOM
Minimum	3	1.00	980	$219,500	$310,500	4
Average	4	3.01	3,461	$586,096	$544,625	41
Median	4	3.38	3,465	$626,150	$589,000	41
Maximum	6	4.50	6,394	$848,802	$690,000	90
Total Dollar Value					$2,178,500

Average DOM Breakdown and Average % of List Price received on Solds by Market time:

	0-30 Days	31-60 Days	61-90 Days	91-120 Days	120+ Days
No. of Listings	2	1	1	0	0
Breakdown %	50.00	25.00	25.00	0.00	0.00
Avg SP % LP	98.51	93.26	95.57	0.00	0.00

Foreclosure sales begin with a minimum bid that includes the loan balance, any accrued interest, plus attorney's fees and any costs association with the foreclosure process. In order to bid at a foreclosure auction, you must have a cashier's check in your hand for the full amount of your bid. If you are the successful bidder, you receive the property in "as is" condition, which may include someone still living in the property. There may also be other liens against the property.

Since what is owed to the bank is almost always more than what the property is worth, very few foreclosure auctions result in a successful sale. Then the property "reverts" to the bank. It becomes an REO, or "real estate owned" property.

If your looking for a detailed list of REO(Bank owned real estate)properties, simply sign up to receive Issaquah WA Bank Owned homes & property updates.

Issaquah WA median list price is $535,000 with 254 properties that have been on the market for an average of 212 days. Inventory is tightening and days-on market is falling. But demand as measured by the Market Action Index is also trending down. The market is not giving strong up or down signals from these data. Supply & Demand - The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly. In the Downtown Issaquah and Issaquah Highlands Neighborhoods we have seen relatively strong sales.

If you are interested in selling your home for top dollar in the quickest amount of time, please contact me anytime at 206-818-8816 or Click here to send me an e-mail requesting further information.

Downloand Issaquah Market Statistics Now: