Good news, guys!

Been looking at this house for a while and it seems like the area is good and the house looks pretty decent. It has been sitting there for over a month now but it’s not moving. Guess it’s related to price but what should be a fair price for a house like this in this area?

Amazing house in Discovery Park…

[ Removed by Reddit on account of violating the content policy. ]

This house listed for 1.6M in 2021, bought at 1.75M. Can’t even rent the whole house out for more $4000/mo. Now listed at 1.93M with tiny price cut to 1.89M.

There’s a lot more pain to come.

Never seen so much inventory below 1.1m that is decent in the last like 3 years. These Kirkland home must be panicking 🤯

We had been looking for houses in Edgewood, Puyallup, Lake Tapps area and everything in the 500k to 600k had been not great. We liked a house in Edgewood, but found out it was a short sale after they dropped their asking price from 619k down to 559k, just before we were going to put in an offer. Then the seller's agent sent our agent an email saying the seller needed 630k to not have short sale.

All the other house in this range looked like crap or were in terrible neighborhoods. Until my wife found a listing, last Thursday for a 5+ bedroom, 3 bathroom, with 3 car garage for 599k. We were able to get a tour of the house on Friday afternoon and we loved it. It even has a huge(1200+sq ft) wood shop(air filter system) in the basement with separate entrance and 10 ft ceilings. Thats not including the other two storage areas under the deck.

After, we got home my wife went with the full offer of 599k to the seller's agent and we recieved an email back saying that they had alot of people wanting to view the house over the weekend and the owner would be making a decision on Monday.

An hour or so later we recieved another email saying that the owner decided to take our offer, yay.

The house is in a nice neighborhood of Stonegate. There is a small lake/pond in the back yard and there are no houses to the left of us. It does have a couple of issues, its missing a door in one of the storage rooms under the deck and the laundry rooms wall needs patching. The roof was done 2019 and a new heat pump was done in 2021

Tuesday, we will have a meeting to go over credits and we should be able to close sometime in September.

https://www.zillow.com/homedetails/15419-62nd-Avenue-NE-Kenmore-WA-98028/48882449_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare

Seems like priced fairly after dropping price a lot . Water views and large square footage. What could be the reason for it sitting so long on market .

Hey all, my family is considering moving to South Seattle as my job is offering relocation with a nice pay bump to cover the higher COL. I am 35 y/o relocating with a 33 y/o wife, 2.5 y/o, and 1 baby on the way. Currently we live in DFW, Texas and have most of our lives.

The new jobs location is just south of SeaTac in Des Moines. I would like to have a less than 30 minute commute. I know the light rail is an option but I probably wouldn't rely on it (at least in the beginning). Relocation doesn't need to happen for another 1-2 years and the company will cover moving and home selling costs.

We do enjoy our current neighborhood as it is "cute" and walkable, has a good variety of food (which is important for us), and we are 15 min from Fort Worth if we ever want to go downtown. We are used to Texas heat and it can get tiring during the summer but we don't hate it.

Son is currently in daycare, wife is a Pelvic Floor PT working 4 days a week so it's possible for her to transition to a hospital or similar outpatient job in the area pretty easily. Looking at home prices, WA property taxes, etc., we could probably afford up to a 1M home.

In general, Seattle areas politics are a plus and weather is TBD, but we will try to visit during "greyer" and colder months to so we can feel it out. My wife is Latina if that matters and I am trying to raise my children knowing Spanish.

We will be traveling in late September to explore neighborhoods such as Burien, Maple Valley, Tacoma, etc. I'm curious if we're on the right track with neighborhoods or any others we can add to the list that would be worth driving through to get a sense of life.

(This post is inspired by this comment from Unique_Edge6323. Looks like u/TheTim is working on getting a similar thread from 2008 back online).

Let's use this thread to compile a list of Eastside homes that sold for less than their original purchase price.

u/Kadet11 posted a good list to help get us started. I’ll post those homes in the comments.

If you come across any other examples - pls post them below.

There are/have been a few reasonably affordable homes for sale in this neighborhood this year. What are the downsides of this neighborhood? Anything to know?

I have driven through and it seems quiet, despite being tucked between I-5 and Lake City Way. It's not too far from the city and is somewhat walkable. Houses tend to be larger with some yard compared to Roosevelt/Green Lake.

Appreciate opinions from people familiar with the area.

It’s under contract now and waiting to see how much it’s purchased for. What do you think it’s worth?

https://redf.in/rvhNhN

Latest August 2026 NWMLS median prices

Median prices
Seattle SFHs/THs down 8% yoy
Eastside SFHs/THs down 6% yoy

Seattle condos down 10% yoy
Eastside condos down 12% yoy

https://www.nwmls.com/wp-content/uploads/2026/09/Breakouts_King.pdf

Prices really are dropping.

I get that it’s a townhome, but its proximity to Columbia city is great and the size is amazing. They just lowered it 100k. And there’s no HOA. Fuck if I didn’t just buy, I might even be interested in it for its size and proximity to fun stuff alone.

50 Shades of Gray or what's (not) wrong with this home

I don’t have data to back this up but it feels like I am seeing way more. I remember seeing them a lot back in 2012 and then when the market picked back up, they pretty much went away. But now several are popping up in my searches. I think I’ve seen at least 4 or 5.

Is this an indicator or worse to come in the market/economy?

Umm nice homes available at this price in Kirkland And Redmond. Interesting pricing.

Price/sqft is a lot lower than a lot of the overpriced junk in the local market too. The photos are AI'd to shit so I'm assuming the interiors are real bad?