{"id":24629,"date":"2012-11-07T06:00:09","date_gmt":"2012-11-07T14:00:09","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=24629"},"modified":"2012-11-05T09:11:37","modified_gmt":"2012-11-05T17:11:37","slug":"cheapest-homes-november-2012-edition","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2012\/11\/07\/cheapest-homes-november-2012-edition\/","title":{"rendered":"Cheapest Homes: November 2012 Edition"},"content":{"rendered":"<p>Let&#8217;s check in again on the cheapest homes around Seattle proper.  Here&#8217;s our methodology: I search the listings for the cheapest homes currently on the market, <b>excluding short sales<\/b>, 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 &#8220;fixer,&#8221; &#8220;rehab loan,&#8221; or &#8220;value in land.&#8221;  I post the top (bottom) three, along with some overall stats on the low end of the market.<\/p>\n<p><b>Please note<\/b>: 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 &#8220;cheapest&#8221; list, that does not indicate that it is <a href=\"http:\/\/seattlebubble.com\/blog\/2009\/11\/27\/strategies-for-finding-the-best-value-in-todays-market\/\" title=\"Strategies for Finding the Best Value in Today's Market\">a good value<\/a>.<\/p>\n<p>Here are this month&#8217;s three cheapest single-family homes in the city limits of Seattle (according to <a href=\"http:\/\/www.redfin.com\/\" title=\"Search Seattle Homes\">Redfin<\/a>):<\/p>\n<style>.CNNTable {margin: 5px auto 15px;} .CNNTable td {padding: 0px 5px; text-align: center; font-size: .9em;} .top_row {font-weight: bold;}<\/style>\n<table class=\"CNNTable\" border=\"1\" cellpadding=\"0\" cellspacing=\"0\">\n<tr class=\"top_row\">\n<th>Address<\/th>\n<th>Price<\/th>\n<th>Beds<\/th>\n<th>Baths<\/th>\n<th>SqFt<\/th>\n<th>Lot Size<\/th>\n<th>Neighborhood<\/th>\n<th>$ \/ SqFt<\/th>\n<th>Notes<\/th>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.redfin.com\/WA\/Seattle\/9211-39th-Ave-S-98118\/home\/480198\">9211 39th Ave S<\/a><\/td>\n<td>$125,000<\/td>\n<td>2<\/td>\n<td>1<\/td>\n<td>990<\/td>\n<td>4,000 sqft<\/td>\n<td><a href=\"http:\/\/www.redfin.com\/neighborhood\/27925\/WA\/Seattle\/Beacon-Hill\">Beacon Hill<\/a><\/td>\n<td>$126<\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.redfin.com\/WA\/Seattle\/3713-S-Burns-St-98118\/home\/480868\">3713 S Burns St<\/a><\/td>\n<td>$139,900<\/td>\n<td>2<\/td>\n<td>1<\/td>\n<td>770<\/td>\n<td>7,425 sqft<\/td>\n<td><a href=\"http:\/\/www.redfin.com\/neighborhood\/27925\/WA\/Seattle\/Beacon-Hill\">Beacon Hill<\/a><\/td>\n<td>$182<\/td>\n<td>bank owned<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.redfin.com\/WA\/Seattle\/4504-S-Holly-St-98118\/home\/173658\">4504 S Holly St<\/a><\/td>\n<td>$144,900<\/td>\n<td>5<\/td>\n<td>2<\/td>\n<td>1,540<\/td>\n<td>5,842 sqft<\/td>\n<td><a href=\"http:\/\/www.redfin.com\/neighborhood\/2246\/WA\/Seattle\/Rainier-Valley\">Rainier Valley<\/a><\/td>\n<td>$94<\/td>\n<td>bank owned<\/td>\n<\/tr>\n<\/table>\n<p>Two of the homes from <a href=\"http:\/\/seattlebubble.com\/blog\/2012\/10\/03\/cheapest-homes-october-2012-edition\/\" title=\"Cheapest Homes: October 2012 Edition\">last month<\/a> are now pending, while the third carried over to this month, taking the cheapest spot.<\/p>\n<p><b>Stats snapshot for Seattle Single-Family Homes Under $200,000 (excluding short sales)<\/b><br \/>\nTotal on market: 32<br \/>\nAverage number of beds: 2.5<br \/>\nAverage number of baths: 1.3<br \/>\nAverage square footage: 1,159<br \/>\nAverage days on market: 101<\/p>\n<p>Inventory dipped from last month, but both beds and baths increased, as did days on market.<\/p>\n<p>Here are a couple of charts to give you a visual of the trend of these numbers since I adjusted the methodology in April 2010:<\/p>\n<div style=\"margin: 5px auto; width: 600px; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/11\/Cheapest-Homes-A_2012-11.png\" title=\"Seattle's Cheapest Homes: Stat Trends\" rel=\"lightbox[24629]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/11\/Cheapest-Homes-A_2012-11-600x436.png\" style=\"border: 0;\" title=\"Seattle's Cheapest Homes: Stat Trends - Click to enlarge\" alt=\"Seattle's Cheapest Homes: Stat Trends\" width=\"600\" height=\"436\" \/><\/a><\/div>\n<div style=\"margin: 5px auto; width: 600px; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/11\/Cheapest-Homes-B_2012-11.png\" title=\"Seattle's Cheapest Homes: Stat Trends\" rel=\"lightbox[24629]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/11\/Cheapest-Homes-B_2012-11-600x436.png\" style=\"border: 0;\" title=\"Seattle's Cheapest Homes: Stat Trends - Click to enlarge\" alt=\"Seattle's Cheapest Homes: Stat Trends\" width=\"600\" height=\"436\" \/><\/a><\/div>\n<p>Here are cheapest homes in Seattle that <em>actually sold<\/em> in the last month, regardless of condition (since most off-market homes don&#8217;t have much info available on their condition).<\/p>\n<table class=\"CNNTable\" border=\"1\" cellpadding=\"0\" cellspacing=\"0\">\n<tr class=\"top_row\">\n<th>Address<\/th>\n<th>Price<\/th>\n<th>Beds<\/th>\n<th>Baths<\/th>\n<th>SqFt<\/th>\n<th>Lot Size<\/th>\n<th>Neighborhood<\/th>\n<th>$ \/ SqFt<\/th>\n<th>Sold On<\/th>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.redfin.com\/WA\/Seattle\/1721-NE-135th-St-98125\/home\/115763\">1721 NE 135th St<\/a><\/td>\n<td>$115,000<\/td>\n<td>3<\/td>\n<td>1<\/td>\n<td>1,040<\/td>\n<td>8,932 sqft<\/td>\n<td><a href=\"http:\/\/www.redfin.com\/neighborhood\/1451\/WA\/Seattle\/Lake-City\">Lake City<\/a><\/td>\n<td>$111<\/td>\n<td>10\/11\/2012<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.redfin.com\/WA\/Seattle\/4611-13th-Ave-S-98108\/home\/169771\">4611 13th Ave S<\/a><\/td>\n<td>$120,000<\/td>\n<td>2<\/td>\n<td>1<\/td>\n<td>560<\/td>\n<td>4,000 sqft<\/td>\n<td><a href=\"http:\/\/www.redfin.com\/neighborhood\/27925\/WA\/Seattle\/Beacon-Hill\">Beacon Hill<\/a><\/td>\n<td>$214<\/td>\n<td>10\/12\/2012<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.redfin.com\/WA\/Seattle\/10246-Renton-Ave-S-98178\/home\/176255\">10246 Renton Ave S<\/a><\/td>\n<td>$120,000<\/td>\n<td>3<\/td>\n<td>1<\/td>\n<td>1,040<\/td>\n<td>6,213 sqft<\/td>\n<td><a href=\"http:\/\/www.redfin.com\/neighborhood\/2246\/WA\/Seattle\/Rainier-Valley\">Rainier Valley<\/a><\/td>\n<td>$115<\/td>\n<td>10\/16\/2012<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Let&#8217;s check in again on the cheapest homes around Seattle proper. Here&#8217;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&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[206],"tags":[501],"coauthors":[],"class_list":["post-24629","post","type-post","status-publish","format-standard","hentry","category-features","tag-cheapest-homes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cheapest Homes: November 2012 Edition \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2012\/11\/07\/cheapest-homes-november-2012-edition\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Cheapest Homes: November 2012 Edition \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Let&#8217;s check in again on the cheapest homes around Seattle proper. 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