November Issaquah Highlands Homes & Condo’s Sold Stats
The chart below is referencing homes, not condominiums.
This is the slowest month for sales since we moved to the Highlands about 6 years ago. The volume is about 1/6th of a typical 2007 month. Note the numbers of price ranges with over 100 days on market. By now many sellers are becoming concerned. They should know how their pricing stacks up against the competition. Also note there are brackets with homes that sell in less than 60 days. Our last home sold in 32 days, 1/2 the time that was typical for the neighborhood. The point is that each home is in its own micro market. In other words, all real estate is hyper local, so hyper local it can be the market is down to just your home: how is it presented, how is it priced, how is it marketed, how are you doing in supporting its sale?
We have recently been reminded that some sellers are in the sales prevention department. They make it difficult to show their home, they don’t keep it in tip top condition, they don’t mind the smells, they don’t manage pets properly, ta da, ta da, ta da. You get the picture.
The condominium situation doesn’t justify a chart. It is flooded with the large number of units in Vista Park, 37 of them in the under $250,000 price range. I show a photo below.
There are 23 condominiums for sale priced over $400,000, 22 of them in our favorite condo development, Starpoint. We have keys to the model and will be holding it open next week.
