But still... the most any home has ever sold for in the neighborhood bounded by 41st, Pacific, Broadway, and Colby is $355,000 (which was of course at the height of the bubble).
The seller is dreaming. But it will be fun to watch.
Well we may be at a new top... After over two years on the market this home finally sold. For $377,000--a new high for the neighborhood, exceeding the 2007 peak by six percent. At least this home is a lot bigger and nicer than the previous peak home.
That's 29% more than I paid for my house three years ago, and this place is 250 square feet smaller than my house (finished sqft - 836 sqft smaller total sqft), uncovered off-street parking for just one car, etc.
It went under contract after just one weekend. Most likely with multiple offers. I would be surprised at this point if it doesn't close over $300,000.
Very interesting... The house across the street went pending after the first weekend, but after the inspection the buyers backed out. After going back to "active" status, they also dropped the price $5,000. I wonder if the buyers' inspection turned up something expensive... maybe sewer related?
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Well we may be at a new top... After over two years on the market this home finally sold. For $377,000--a new high for the neighborhood, exceeding the 2007 peak by six percent. At least this home is a lot bigger and nicer than the previous peak home.
Still though. Yikes.
That's 29% more than I paid for my house three years ago, and this place is 250 square feet smaller than my house (finished sqft - 836 sqft smaller total sqft), uncovered off-street parking for just one car, etc.
It went under contract after just one weekend. Most likely with multiple offers. I would be surprised at this point if it doesn't close over $300,000.