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ARDELL's Seattle Real Estate Blog

Jul. 6, 2007 - Kirkland, Bellevue, Redmond Over $850,000

 

I'm not going to break this segment down any further than higher than $850,000.  Obviously the inventory competes for fewer buyers, but not to any extreme.  Having shown this segment it's a mixed bag of some overpricing, some people wanting too much for properties with weaknesses like noisy location or shared driveways.  People pricing of other active listings instead of solds.  Lots of just bad judgment calls and people hanging on to a price that isn't working for them given the ration of buyers to sellers.  But overall, we're not looking at a huge inventory vs. potential buyers.  Being a little more realistic about price would solve this segment.  Some are not real sellers and end up not selling at all.

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ARDELL DellaLoggia On Seattle Real Estate including Kirkland, Bellevue, Redmond, Green Lake and most areas around Lake Washington North of Downtown Seattle. Phone: 206-910-1000 - Mailto:Ardell@RainCityGuide.com

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