If you are looking for vacant land to develop, or to build a custom home, you have less competition from buyers on the NWMLS than those looking for an improved property to purchase (ie. one that has a house on it already).
There are 117 current listings on the NWMLS for vacant land in the city of Seattle. They range in price from $29,925 to $4,650,000. 91 of these properties are priced under $500,000.
Those priced under $500,000, have been on the market anywhere from 7 to 411 days. Vacant land parcels that sold in the last six months sold on average within 53 days on market for a median price of $101,500.
There are 19 land parcels currently priced under this amount on the NWMLS right now. Of these, only one has been on the market for less than 53 days and it is currently inaccessible and challenging to develop.
I would love to tell you more about these land parcels, but most of the listing agents prohibit blogging, which limits my ability to sell you on these properties. Silly listing agents!
However, I can send you lists of any land parcels in which you may be interested. Just message me privately at HomeLandInvestment@gmail.com and I can send you detailed listings with photos.
Happy Investing!
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