{"id":27485,"date":"2013-10-09T09:00:37","date_gmt":"2013-10-09T16:00:37","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=27485"},"modified":"2013-10-09T09:55:50","modified_gmt":"2013-10-09T16:55:50","slug":"cheapest-homes-october-2013-edition","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2013\/10\/09\/cheapest-homes-october-2013-edition\/","title":{"rendered":"Cheapest Homes: October 2013 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\/1332-S-Pearl-St-98108\/home\/170025\">1332 S Pearl St<\/a><\/td>\n<td>$139,800<\/td>\n<td>2<\/td>\n<td>1<\/td>\n<td>650<\/td>\n<td>6,512 sqft<\/td>\n<td><a href=\"http:\/\/www.redfin.com\/neighborhood\/27925\/WA\/Seattle\/Beacon-Hill-Seattle-WA\">Beacon Hill<\/a><\/td>\n<td>$215<\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.redfin.com\/WA\/Seattle\/1224-S-Concord-St-98108\/home\/477325\">1224 S Concord St<\/a><\/td>\n<td>$160,000<\/td>\n<td>3<\/td>\n<td>2<\/td>\n<td>1,310<\/td>\n<td>6,000 sqft<\/td>\n<td><a href=\"http:\/\/www.redfin.com\/neighborhood\/2558\/WA\/Seattle\/South-Park\">South Park<\/a><\/td>\n<td>$122<\/td>\n<td>bank owned<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.redfin.com\/WA\/Seattle\/3415-SW-Kenyon-St-98126\/home\/472757\">3415 SW Kenyon St<\/a><\/td>\n<td>$165,000<\/td>\n<td>2<\/td>\n<td>1<\/td>\n<td>630<\/td>\n<td>1,932 sqft<\/td>\n<td><a href=\"http:\/\/www.redfin.com\/neighborhood\/682\/WA\/Seattle\/Delridge\">Delridge<\/a><\/td>\n<td>$262<\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<\/table>\n<p>Two of the homes from <a href=\"http:\/\/seattlebubble.com\/blog\/2013\/09\/09\/cheapest-homes-september-2013-edition\/\" title=\"Cheapest Homes: September 2013 Edition\">last month<\/a> have sold or gone pending.  Last month&#8217;s #3 is still on the market, but was bumped off the top three list by cheaper homes.<\/p>\n<p><b>Stats snapshot for Seattle Single-Family Homes Under $200,000 (excluding short sales)<\/b><br \/>\nTotal on market: 27<br \/>\nAverage number of beds: 2.3<br \/>\nAverage number of baths: 1.3<br \/>\nAverage square footage: 1,050<br \/>\nAverage days on market: 55<\/p>\n<p>Inventory shot up in the month, hitting its highest point since February, while the average square footage recovered some ground as well.<\/p>\n<p>Here are our usual 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\/2013\/10\/Cheapest-Homes-A_2013-10.png\" title=\"Seattle's Cheapest Homes: Stat Trends\" rel=\"lightbox[27485]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2013\/10\/Cheapest-Homes-A_2013-10-600x436.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\/2013\/10\/Cheapest-Homes-B_2013-10.png\" title=\"Seattle's Cheapest Homes: Stat Trends\" rel=\"lightbox[27485]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2013\/10\/Cheapest-Homes-B_2013-10-600x436.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\/8707-16th-Ave-SW-98106\/home\/474745\">8707 16th Ave SW<\/a><\/td>\n<td>$110,000<\/td>\n<td>4<\/td>\n<td>1.75<\/td>\n<td>1,630<\/td>\n<td>5,120 sqft<\/td>\n<td><a href=\"http:\/\/www.redfin.com\/neighborhood\/682\/WA\/Seattle\/Delridge\">Delridge<\/a><\/td>\n<td>$67<\/td>\n<td>09\/19\/2013<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.redfin.com\/WA\/Seattle\/10711-55th-Ave-S-98178\/home\/178101\">10711 55th Ave S<\/a><\/td>\n<td>$120,000<\/td>\n<td>3<\/td>\n<td>1<\/td>\n<td>960<\/td>\n<td>7,350 sqft<\/td>\n<td><a href=\"http:\/\/www.redfin.com\/neighborhood\/2246\/WA\/Seattle\/Rainier-Valley\">Rainier Valley<\/a><\/td>\n<td>$125<\/td>\n<td>09\/20\/2013<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.redfin.com\/WA\/Seattle\/12744-42nd-Ave-NE-98125\/home\/319545\">12744 42nd Ave NE<\/a><\/td>\n<td>$124,422<\/td>\n<td>4<\/td>\n<td>2<\/td>\n<td>2,680<\/td>\n<td>14,854 sqft<\/td>\n<td><a href=\"http:\/\/www.redfin.com\/neighborhood\/1451\/WA\/Seattle\/Lake-City-Seattle-WA\">Lake City<\/a><\/td>\n<td>$46<\/td>\n<td>09\/26\/2013<\/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":27487,"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":"On the blog: Cheapest Homes: October 2013 Edition","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"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-27485","post","type-post","status-publish","format-standard","has-post-thumbnail","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: October 2013 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\/2013\/10\/09\/cheapest-homes-october-2013-edition\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Cheapest Homes: October 2013 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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