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Current home prices same as prices in Q3 2006?

EastSiderEastSider
edited April 2008 in Seattle Real Estate
Based on my memory, it seems like a lot of the Eastside homes are selling at prices that were beign sold during the 3rd quarter of 2006. Anyone else notice the same?

(This kinda makes sense -- MLS stats indicates that prices last month were about 4.5% lesser compared to a year before)

Comments

  • crucifictioncrucifiction
    The Case-Shiller index agrees with you, the latest data showed that Jan 08 sales were back to Aug 06 levels. I would guess that CS in March, when its available, will show a similar relationship back to 06 prices.
  • UbersaladUbersalad
    not in Bellevue, it's holding. and those Kirkland houses 5 blocks away from the lake still being price at 1.5 million.
  • Lake Hills RenterLake Hills Renter
    Don't know what part of Bellevue you are referring to, but from what I've seen Lake Hills is off about 10% from peak (summer 2007) for houses that are actually selling. I'm seeing most houses just fall off the market.
  • deejayohdeejayoh
    same as 3rd quarter 2006? Well, if you say so...

    0607aw0.png
  • UbersaladUbersalad
    West Bellevue, perception is a trap.
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