{"id":30233,"date":"2015-02-05T13:37:25","date_gmt":"2015-02-05T21:37:25","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=30233"},"modified":"2015-02-05T13:37:25","modified_gmt":"2015-02-05T21:37:25","slug":"cheapest-homes-february-2015-edition","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2015\/02\/05\/cheapest-homes-february-2015-edition\/","title":{"rendered":"Cheapest Homes: February 2015 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=\"https:\/\/www.redfin.com\/WA\/Seattle\/8852-13th-Ave-SW-98106\/home\/474159\">8852 13th Ave SW<\/a><\/td>\n<td>$143,100<\/td>\n<td>2<\/td>\n<td>1<\/td>\n<td>640<\/td>\n<td>4,452 sqft<\/td>\n<td><a href=\"https:\/\/www.redfin.com\/neighborhood\/682\/WA\/Seattle\/Delridge\">Delridge<\/a><\/td>\n<td>$224<\/td>\n<td>bank owned<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.redfin.com\/WA\/Seattle\/1024-S-Director-St-98108\/home\/477000\">1024 S Director St<\/a><\/td>\n<td>$164,900<\/td>\n<td>3<\/td>\n<td>1<\/td>\n<td>620<\/td>\n<td>6,000 sqft<\/td>\n<td><a href=\"https:\/\/www.redfin.com\/neighborhood\/2558\/WA\/Seattle\/South-Park\">South Park<\/a><\/td>\n<td>$266<\/td>\n<td>bank owned<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.redfin.com\/WA\/Seattle\/7782-Highland-Park-Way-SW-98106\/home\/475434\">7782 Highland Park Wy SW<\/a><\/td>\n<td>$178,900<\/td>\n<td>1<\/td>\n<td>1<\/td>\n<td>720<\/td>\n<td>5,040 sqft<\/td>\n<td><a href=\"https:\/\/www.redfin.com\/neighborhood\/682\/WA\/Seattle\/Delridge\">Delridge<\/a><\/td>\n<td>$248<\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<\/table>\n<p><a href=\"http:\/\/seattlebubble.com\/blog\/2015\/01\/13\/cheapest-homes-january-2015-edition\/\" title=\"Cheapest Homes: January 2015 Edition\">Last month&#8217;s<\/a> #1 and #2 homes both went pending. Last month&#8217;s #3 is still on the market, but got pushed off the list.<\/p>\n<p><b>Stats snapshot for Seattle Single-Family Homes Under $200,000 (excluding short sales)<\/b><br \/>\nTotal on market: 10<br \/>\nAverage number of beds: 2.5<br \/>\nAverage number of baths: 1.2<br \/>\nAverage square footage: 1,093<br \/>\nAverage days on market: 72<\/p>\n<p>Inventory of non-short sale homes under $200,000 in Seattle dipped again from January to February, following the same trend as overall inventory in the county. Beds, baths, and square footage also all fell, as did average days on market.<\/p>\n<p>Here are our usual charts to give you a visual of the trend of these numbers since I adjusted the methodology in April 2010:<\/p>\n<div style=\"margin: 5px auto; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2015\/02\/Cheapest-Homes-A_2015-02.png\" title=\"Seattle's Cheapest Homes: Stat Trends\" rel=\"lightbox[30233]\"><img decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2015\/02\/Cheapest-Homes-A_2015-02.png\" style=\"border: 0;\" title=\"Seattle's Cheapest Homes: Stat Trends - Click to enlarge\" alt=\"Seattle's Cheapest Homes: Stat Trends\" \/><\/a><\/div>\n<div style=\"margin: 5px auto; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2015\/02\/Cheapest-Homes-B_2015-02.png\" title=\"Seattle's Cheapest Homes: Stat Trends\" rel=\"lightbox[30233]\"><img decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2015\/02\/Cheapest-Homes-B_2015-02.png\" style=\"border: 0;\" title=\"Seattle's Cheapest Homes: Stat Trends - Click to enlarge\" alt=\"Seattle's Cheapest Homes: Stat Trends\" \/><\/a><\/div>\n<p>Here are cheapest homes in Seattle that <em>actually sold<\/em> last month, regardless of condition (since most off-market homes don&#8217;t have much info available on their condition).<\/p>\n<table class=\"CNNTable\" border=\"1\" cellpadding=\"0\" cellspacing=\"0\">\n<tr class=\"top_row\">\n<th>Address<\/th>\n<th>Price<\/th>\n<th>Beds<\/th>\n<th>Baths<\/th>\n<th>SqFt<\/th>\n<th>Lot Size<\/th>\n<th>Neighborhood<\/th>\n<th>$ \/ SqFt<\/th>\n<th>Sold On<\/th>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.redfin.com\/WA\/Seattle\/9759-57th-Ave-S-98118\/home\/176117\">9759 57th Ave S<\/a><\/td>\n<td>$109,000<\/td>\n<td>2<\/td>\n<td>1<\/td>\n<td>580<\/td>\n<td>6,900 sqft<\/td>\n<td><a href=\"http:\/\/www.redfin.com\/neighborhood\/2246\/WA\/Seattle\/Rainier-Valley\">Rainier Valley<\/a><\/td>\n<td>$188<\/td>\n<td>01\/16\/2015<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.redfin.com\/WA\/Seattle\/10512-55th-Ave-S-98178\/home\/178997\">10512 55th Ave S<\/a><\/td>\n<td>$127,500<\/td>\n<td>2<\/td>\n<td>1<\/td>\n<td>670<\/td>\n<td>4,000 sqft<\/td>\n<td><a href=\"http:\/\/www.redfin.com\/neighborhood\/2246\/WA\/Seattle\/Rainier-Valley\">Rainier Valley<\/a><\/td>\n<td>$190<\/td>\n<td>01\/23\/2015<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.redfin.com\/WA\/Seattle\/1023-S-Sullivan-St-98108\/home\/477538\">1023 S Sullivan St<\/a><\/td>\n<td>$152,500<\/td>\n<td>3<\/td>\n<td>1<\/td>\n<td>910<\/td>\n<td>3,960 sqft<\/td>\n<td><a href=\"https:\/\/www.redfin.com\/neighborhood\/2558\/WA\/Seattle\/South-Park\">South Park<\/a><\/td>\n<td>$168<\/td>\n<td>01\/20\/2015<\/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":30235,"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: February 2015 Edition http:\/\/wp.me\/pe2Bv-7RD","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-30233","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: February 2015 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\/2015\/02\/05\/cheapest-homes-february-2015-edition\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Cheapest Homes: February 2015 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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