{"id":72,"date":"2005-10-31T14:57:00","date_gmt":"2005-10-31T21:57:00","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=72"},"modified":"2005-10-31T14:57:00","modified_gmt":"2005-10-31T21:57:00","slug":"follow-up-anecdotal-evidence","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2005\/10\/31\/follow-up-anecdotal-evidence\/","title":{"rendered":"Follow-Up: Anecdotal Evidence"},"content":{"rendered":"

Way back in early September I made a post<\/a> with the details of two properties in my neighborhood that had recently been put on the market.<\/p>\n

The house in question has still not sold<\/a>, and has now been languishing on the market for over 10 weeks. The price has been dropped from $350,000 to $319,950 (an 8.5% drop), but there have apparently still not been any takers. In my opinion they’re still asking way<\/i> too much in a painfully obvious attempt to take advantage of the peak, but I’m no expert (which should go without saying). I will keep you posted.<\/p>\n

The condo I was watching closed on October 6th, for a total of $280,950<\/a>—$6,000 (2%) over the asking price. The total length of time from listing to closing for the condo was approximately one month. Apparently this inspired the owner of the neighboring unit because within the past seven days the condo next door (parcel # 8035550060<\/a>) has gone up for sale<\/a>, with an asking price of $300,000. I’ll keep an eye on this one as well.<\/p>\n

\n
Seattle Bubble Tip Jar<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Way back in early September I made a post with the details of two properties in my neighborhood that had recently been put on the market. The house in question has still not sold, and has now been languishing on the market for over 10 weeks. 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