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Cheapest Seattle Homes: July Edition

Posted on July 17, 2009June 2, 2010 by The Tim

Let’s check in again on the cheapest homes around Seattle proper. For methodology and a brief explanation of the reasoning behind this series, hit the April post.

Please note: These posts should not be construed to be an advertisement or endorsement of any specific home for sale. We are merely taking a brief snapshot of the market at a given time. Also, just because a home makes it onto the “cheapest” list, does not indicate that it is a good value.

Here are this month’s three cheapest single-family homes in the city limits of Seattle (according to Redfin):

Address Price Beds Baths SqFt Lot Size Neighborhood $ / SqFt Notes
8523 Dallas Ave S $121,000 2 1 900 3,480 sqft South Park $134 Bank-Owned
3013 SW Admiral Way $152,000 2 1 520 5,415 sqft Admiral $292 Bank-Owned
10335 51st Ave S $160,000 2 1.75 820 5,760 sqft Rainier Beach $195 Short Sale

June’s #2 home moved up to #1 this month with $30,000 in price cuts since it was last featured on these pages. I don’t understand why nobody has snatched this place up yet, especially with such an amazing view:


View Larger Map

But I digress.

April’s cheapest home apparently sold in June for $140,000. June’s #3 home also sold, for $15,000 off the $155,000 listing price when it was featured here.

Stats snapshot for Seattle Single-Family Homes Under $200,000
Total on market: 44
Average number of beds: 2.1
Average number of baths: 1.2
Average square footage: 999
Average days on market: 78

Here are the three cheapest homes in terms of dollars per square foot:

Address $ / SqFt Price Beds Baths SqFt Lot Size Neighborhood Notes
5926 S Eastwood Dr $102 $249,950 4 2.75 2,450 6,000 sqft Rainier View –
1400 NE Brockman Pl $104 $349,000 3 1.75 3,340 7,200 sqft Northgate –
9456 13th Ave SW $107 $320,711 6 3 3,000 5,009 sqft Highland Park –

One more bonus for you this month. Here’s the lowest dollars per square foot on a house priced above $500,000: 2307 17th Ave S at just $109 $/sqft. $549,500, 6 beds, 4 baths, 5,020 square feet. I love the Christmas decorations in the listing photos.

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Cheapest Seattle Homes: June Edition
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Cheapest Seattle Homes: September Edition

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