rcg
This is a quote from RCG:
Seems like there is some very cautious use of vocabulary. Not saying prices are down but that they are selling for less thant the list price. Time call a spade a spade.
Seattle overall was selling at $5,000 over list price , and is now selling at $6,500 less than asking price.
98115 and 98103 shifted from selling at $15,000 over list price to selling at $1,000 or so under list price.
Bellevue list prices stayed the same, so are now selling at $20,000 under list price vs. $10,000 under list price.
98007 and 98008 were selling at list price and is now selling at $18,000 or so under list price, but list prices jumped dramatically from a median of $479,000 to a median of $560,000. So that would still be a big uptick.
Kirkland still selling at about $10,000 under list price, but the medians jumped up from $549,000 to $617,250."
Seems like there is some very cautious use of vocabulary. Not saying prices are down but that they are selling for less thant the list price. Time call a spade a spade.
Comments
In other news, sales in Kirkland changed from some to one. But we believe that one sale was statistically significant.