Skip to content

Seattle Bubble

local real estate news, statistics, and commentary without the sales spin.

Menu
  • Home
  • About
  • Contact
  • Reference
  • Speaking
Menu

Cheapest Homes: August 2013 Edition

Posted on August 5, 2013August 5, 2013 by The Tim

Let’s check in again on the cheapest homes around Seattle proper. Here’s our methodology: I search the listings for the cheapest homes currently on the market, excluding short sales, in the city of Seattle proper. Any properties that are in obvious states of extreme disrepair based on listing photos and descriptions will be excluded. This includes any listing that uses the phrases “fixer,” “rehab loan,” or “value in land.” I post the top (bottom) three, along with some overall stats on the low end of the market.

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, that 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
4910 S Rose St $145,000 4 1 1,300 6,250 sqft Rainier Valley $112 bank owned
1617 SW Holden St $164,900 2 1 740 5,160 sqft Delridge $223 –
815 SW Cloverdale St $168,000 2 1 1,210 1,675 sqft Delridge $139 –

Only number two this month is a carry-over from last month. Last month’s number two is still on the market, but was undercut by cheaper homes this month.

Stats snapshot for Seattle Single-Family Homes Under $200,000 (excluding short sales)
Total on market: 20
Average number of beds: 2.3
Average number of baths: 1.2
Average square footage: 1,069
Average days on market: 38

Inventory inched up a bit this month, but the average beds, baths, and square footage all dropped.

Here are our usual charts to give you a visual of the trend of these numbers since I adjusted the methodology in April 2010:

Seattle's Cheapest Homes: Stat Trends
Seattle's Cheapest Homes: Stat Trends

Here are cheapest homes in Seattle that actually sold in the last month, regardless of condition (since most off-market homes don’t have much info available on their condition).

Address Price Beds Baths SqFt Lot Size Neighborhood $ / SqFt Sold On
3701 S Pilgrim St $90,000 3 1.75 1,540 7,500 sqft Beacon Hill $58 07/24/2013
6516 Rainier Ave S $100,000 4 1.5 1,990 3,456 sqft Rainier Valley $50 07/25/2013
2139 Harbor Ave SW $120,000 2 2 1,420 1,229 sqft Admiral $85 07/15/2013

Share:

  • Twitter
  • LinkedIn
  • Facebook
  • Reddit
  • Pinterest
  • Email

Continue Reading

Next Post:
Cheapest Homes: July 2013 Edition
Previous Post:
Cheapest Homes: September 2013 Edition

Tim’s Other Projects

Dispatches from the Multiverse

Tip Jar

Like what we're doing?

Drop us a tip!

Accounts

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
©2025 Seattle Bubble | Built using WordPress and Responsive Blogily theme by Superb