Friday, September 9, 2011
Seattle Home Sales in 98115 (N Seattle)
98115 is a particularly active zip code in Seattle, in terms of real estate transactions. In the past 30 days, there have been 42 single family home sales in this area, almost 10% of all single family home sales in Seattle this past month.
Surprisingly, TEN of these sales (24%) were for MORE than the list price! The same number sold for asking price. So 48% of all home sales in 98115 sold at or above the list price.
The median home of three bedrooms, 1.75 baths, and 2040sf sold in 16 days for $465,000.
74% of the sales were for houses built prior to 1978; more than half of all the sales were for houses built prior to 1944. 62% of them had a garage.
Only two of these sales were for bank-owned properties. None of them were short sales.
There were only three condominium sales in this same area. The median condo sale was for a 2 bedroom, 1.75 bath unit with 951sf that sold for $239,000.
There are currently eleven active listings at or below median market value that represent a good bargain for value in this area. If you are interested in receiving a list of these properties, please message me privately at HomeLandInvestment@gmail.com.
The 98115 zip code includes communities like Bryant, Maple Leaf, Ravenna, Roosevelt, Sand Point, View Ridge and Wedgwood. These are wonderful neighborhoods close to parks, schools, shopping and easy access to I-5 and downtown Seattle.