Eastside Flops (www.EastSideFlops.com)

[EastSider]

Sammamish home

Sold in Oct/2006 for $1200K
Currently listed for $1095K (9% drop from 2006)
ZEstimate is $1394K

http://www.redfin.com/WA/Sammamish/3500 ... ome/268635

[EastSider]

If I had the money (and the need to buy such a large home), I might have considered low-balling on this home

----------------------
Bellevue/Lakemont home (BLOCKBUSTER FLOP!!!)

Sold in July/2002 for $2.14m
Sold in Nov/2005 for $2.68m
Sold in May/2006 for $3.02m

Currently listed for $2.39m
(21% drop from May/2006)
(11% drop from Nov/2005)
(11% gain from July/2002)

ZEstimate is $2.64m

http://www.redfin.com/WA/Bellevue/17035 ... ome/418858

[rose-colored-coolaid]

[EastSider]

Sammamish/Trossachs home

Sold in Aug/2005 for $699K
Currently listed for $675K (3.5% drop from 2005)
ZEstimate is $688K

http://www.redfin.com/WA/Sammamish/2701 ... me/2086551

[EastSider]

[EastSider]

Sammamish/Pine Lake home

Sold in July/2007 for $1.37m
Currently listed for $1.22m (11% drop from 2007)
ZEstimate is $1.29m

http://www.redfin.com/WA/Sammamish/2176 ... me/8187409

[EastSider]

[EastSider]

Sammamish home

Sold in May/2006 for $715k
Currently listed for $685 (4% drop from 2006)
ZEstimate is $590k

http://www.redfin.com/WA/Sammamish/1318 ... ome/269272

[EastSider]

Issaquah Highlands home

Sold in May/2006 for $582k
Currently listed for $569 (3% drop from 2006)
ZEstimate is $591k

http://www.redfin.com/WA/Issaquah/2888- ... ome/466301

[EastSider]

[david_mcmanus]

[EastSider]

Fall City/Aldarra home

Sold in June/2006 for $850k
Currently listed for $749 (12% drop from 2006)
ZEstimate is $805k

http://www.redfin.com/WA/Fall-City/2761 ... me/2081870

[EastSider]

Kirkland home

Sold in Mar/2007 for $1.4m
Currently listed for $1.329m (5% drop from 2007)
ZEstimate is $1.295m

http://www.redfin.com/WA/Kirkland/10410 ... ome/459914

[victorchai]

[rudekick]

A slew of homes in Snoqualmie Ridge just went on the market for less than they were purchased for:


Asking: $469,900
Last Sale: Jun 12, 2006 - $479,000
2% less than last sale in 2006


Asking: $489,900
Last Sale: Oct 26, 2006 - $515,528
5% less than last sale in 2006


Asking: $449,900
Last Sale: Aug 16, 2006 - $475,000
5% less than last sale in 2006

I broke my contract with a builder out there in mid-2007. Lost $7k in the process, but it's looking like it was a pretty good decision. I still like the community out there, but I can't help but feel that far suburbs like Snoqualmie (I wouldn't call it an exurb) will end up as slums in the near future...