{"id":28422,"date":"2014-03-10T07:00:04","date_gmt":"2014-03-10T14:00:04","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=28422"},"modified":"2014-03-09T16:50:39","modified_gmt":"2014-03-09T23:50:39","slug":"cheapest-homes-march-2014-edition","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2014\/03\/10\/cheapest-homes-march-2014-edition\/","title":{"rendered":"Cheapest Homes: March 2014 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\/3202-S-Portland-St-98118\/home\/482275\">3202 S Portland St<\/a><\/td>\n<td>$155,000<\/td>\n<td>3<\/td>\n<td>2<\/td>\n<td>1,020<\/td>\n<td>5,000 sqft<\/td>\n<td><a href=\"http:\/\/www.redfin.com\/neighborhood\/27925\/WA\/Seattle\/Beacon-Hill-Seattle-WA\">Beacon Hill<\/a><\/td>\n<td>$152<\/td>\n<td>bank owned<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.redfin.com\/WA\/Seattle\/751-S-Cloverdale-St-98108\/home\/477499\">751 S Cloverdale St<\/a><\/td>\n<td>$175,000<\/td>\n<td>2<\/td>\n<td>1.75<\/td>\n<td>700<\/td>\n<td>2,700 sqft<\/td>\n<td><a href=\"http:\/\/www.redfin.com\/neighborhood\/2558\/WA\/Seattle\/South-Park\">South Park<\/a><\/td>\n<td>$216<\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.redfin.com\/WA\/Seattle\/3038-S-Holden-St-98108\/home\/481217\">3038 S Holden St<\/a><\/td>\n<td>$180,000<\/td>\n<td>2<\/td>\n<td>1<\/td>\n<td>660<\/td>\n<td>5,000 sqft<\/td>\n<td><a href=\"http:\/\/www.redfin.com\/neighborhood\/27925\/WA\/Seattle\/Beacon-Hill-Seattle-WA\">Beacon Hill<\/a><\/td>\n<td>$273<\/td>\n<td>bank owned<\/td>\n<\/tr>\n<\/table>\n<p>The #1 home from <a href=\"http:\/\/seattlebubble.com\/blog\/2014\/02\/10\/cheapest-homes-february-2014-edition\/\" title=\"Cheapest Homes: February 2014 Edition\">last month<\/a> is now pending, while the #3 home was just taken off the market without selling.  751 S Cloverdale St lingers on.<\/p>\n<p><b>Stats snapshot for Seattle Single-Family Homes Under $200,000 (excluding short sales)<\/b><br \/>\nTotal on market: 16<br \/>\nAverage number of beds: 2.5<br \/>\nAverage number of baths: 1.4<br \/>\nAverage square footage: 1,065<br \/>\nAverage days on market: 76<\/p>\n<p>Inventory of cheap homes started inching up March, but we&#8217;re still a <em>long<\/em> way from the 100+ highs set in late 2010 \/ early 2011.  The average number of beds, baths, square footage, and days on market all increased in the month 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\/2014\/03\/Cheapest-Homes-A_2014-03.png\" title=\"Seattle's Cheapest Homes: Stat Trends\" rel=\"lightbox[28422]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2014\/03\/Cheapest-Homes-A_2014-03-600x436.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\/2014\/03\/Cheapest-Homes-B_2014-03.png\" title=\"Seattle's Cheapest Homes: Stat Trends\" rel=\"lightbox[28422]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2014\/03\/Cheapest-Homes-B_2014-03-600x436.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\/3843-17th-Ave-SW-98106\/home\/160266\">3843 17th Ave SW<\/a><\/td>\n<td>$68,150<\/td>\n<td>1<\/td>\n<td>1<\/td>\n<td>740<\/td>\n<td>2,500 sqft<\/td>\n<td><a href=\"http:\/\/www.redfin.com\/neighborhood\/682\/WA\/Seattle\/Delridge\">Delridge<\/a><\/td>\n<td>$92<\/td>\n<td>02\/26\/2014<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.redfin.com\/WA\/Seattle\/11809-57th-Ave-S-98178\/home\/178370\">11809 57th Ave S<\/a><\/td>\n<td>$85,000<\/td>\n<td>2<\/td>\n<td>1<\/td>\n<td>1,910<\/td>\n<td>7,200 sqft<\/td>\n<td><a href=\"http:\/\/www.redfin.com\/neighborhood\/2246\/WA\/Seattle\/Rainier-Valley\">Rainier Valley<\/a><\/td>\n<td>$45<\/td>\n<td>02\/18\/2014<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.redfin.com\/WA\/Seattle\/9667-54th-Ave-S-98118\/home\/176103\">9667 54th Ave S<\/a><\/td>\n<td>$134,000<\/td>\n<td>1<\/td>\n<td>1<\/td>\n<td>1,130<\/td>\n<td>5,227 sqft<\/td>\n<td><a href=\"http:\/\/www.redfin.com\/neighborhood\/2246\/WA\/Seattle\/Rainier-Valley\">Rainier Valley<\/a><\/td>\n<td>$119<\/td>\n<td>02\/07\/2014<\/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":28425,"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: March 2014 Edition http:\/\/wp.me\/pe2Bv-7oq","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-28422","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: March 2014 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\/2014\/03\/10\/cheapest-homes-march-2014-edition\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Cheapest Homes: March 2014 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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