September 13, 2007

NW Seattle Price Cuts: Iffy Nine-Fifty

Today I’m calling attention to price reductions among properties that carry “950” as the last three digits. No special reason; I like to amuse myself and, besides, it lent itself nicely to a rhythmic headline.

When collecting the info I ran across an interesting trend. People aren’t waiting long these days to adjust prices. Oh, there are still cuts made for homes that have sat for two or three months. But three of these cuts were made when the listing was less than a month old. One cut was made when the place had been on Redfin only 2 days! Now that’s someone who wants to get his or her house sold.

price cut art2 9239 11th Ave. NW
Old price: $639,950. New price: $629,950.
3/2.5; 1920 sq. ft.

3820 36th Ave. W
Old price: $589,950. New price: $559,950.
3/1.5; 1960 sq. ft.

8802 Meridian Ave. N
Old price: $474,950. New price: $444,950.
3/1; 1580 sq. ft.

1747 NW 58th St. #102
Old price: $399,950. New price: $389,950.
2/1.75; 938 sq. ft.

3661 Phinney Ave. N #405
Old price: $279,950. New price: $254,950.
1/1; 612 sq. ft.

Note: All information from sources deemed reliable but not guaranteed.


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