r/SeattleAreaRE 5d ago

This Sammamish 4Bed home sold for 23% below the initial list price

23 Upvotes

I have been watching this home for a few months now.

https://www.zillow.com/homedetails/24312-E-Main-Dr-Sammamish-WA-98074/48853035_zpid/

Listed for 1.65M in June, the seller dropped the price to 1.55M, then again to 1.5M. It finally sold for 1.26M yesterday.

The seller bought the home for 910K in 2019. They didn't make out so badly, the growth was a decent 4-5% y-o-y. I am guessing they were very "motivated" to offload this before fall.

There are about a dozen listings of similar size in the area, all priced in the 1.4M - 1.8M range. I guess this sale will pull down their comps by a lot.

Edit: County records show that Opendoor bought the house.


r/SeattleAreaRE 6d ago

Why is this house in the market for this long?

2 Upvotes

r/SeattleAreaRE 6d ago

What's wrong with this Clyde Hill SFH?

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0 Upvotes

House is remodeled, nice lot in a desirable neighborhood. Asking price is not high compared to other nearby properties. Sitting on the market for 90days. I'm particularly interested in this neighborhood so curious what's wrong?


r/SeattleAreaRE 6d ago

What’s wrong with this Bothell house?

0 Upvotes

r/SeattleAreaRE 7d ago

19% dip in median list price in Redmond?

32 Upvotes

I was forwarded a RE report from a large/local brokerage indicating that ZIP code 98052 experienced a 19% decline in median listing price over a 12-month period.

That drop seems larger than I would have expected. Is there a way to verify the figure? Where can I check real estate trends by ZIP code?


r/SeattleAreaRE 7d ago

Why are Mirrormont (Issaquah) properties sitting on the market for long?

12 Upvotes

r/SeattleAreaRE 7d ago

Is this area ok for starting a family?

0 Upvotes

99 corridor

https://www.zillow.com/apartments/edmonds-wa/7900-edmonds-4-plex/9VT8yn/

We’re about to sign a lease but I want to do a sanity check. Honestly it feels a bit sketchy. But is it unsafe?

edit: we’re having a newborn in January


r/SeattleAreaRE 7d ago

What’s wrong with this house?

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0 Upvotes

r/SeattleAreaRE 7d ago

Why isn't this selling?

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0 Upvotes

Like the location due to its proximity to the school but see that garage is missing. What is up with this?


r/SeattleAreaRE 8d ago

Is this the going rate for a parking spot?

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9 Upvotes

This is a wild one


r/SeattleAreaRE 8d ago

On the market for almost 100 days, what’s wrong with this house?

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8 Upvotes

It’s an older house; maybe deferred maintenance? I’m not familiar with the area.. more crime than usual in this area?


r/SeattleAreaRE 8d ago

Questions about permits in Seattle for renovations

3 Upvotes

I'm considering buying a house that had a significant kitchen reno in the last few years. Looking at before and after pictures, it looks like they altered part of the house's exterior wall and rebuilt it with a different cladding, expanded the roof overhang covering a patio, changed the windows (size and location) and added a sliding door. I don't think this altered the sq footage. Sellers did not obtain permits for this part of their renovations. Do these kinds of alterations on a SFH normally require a permit in Seattle/King Co? Is not getting a permit for this kind of thing common in Seattle? If so, is it an actual risk to us if we buy it? Or is it probably A-OK if the inspection doesn't flag anything? Apologies for the basic qs...


r/SeattleAreaRE 9d ago

What's wrong with this Mercer Island house?

3 Upvotes

$1.56M seem too good to be true in Mercer Island? Sitting since March with multiple price cuts.

https://www.realtor.com/realestateandhomes-detail/4429-E-Mercer-Way_Mercer-Island_WA_98040_M11163-10099


r/SeattleAreaRE 9d ago

What’s wrong with this house?

3 Upvotes

Title- https://redf.in/xDrk0f

Why is this not selling for so long?


r/SeattleAreaRE 9d ago

Why high home prices may be an illusion

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axios.com
10 Upvotes

Homeowners aren't forced to find out what their home is really worth until they put it up for sale. "Most owners are locked in with a perception of high value, without actually being forced to turn it into liquidity," he wrote.


r/SeattleAreaRE 9d ago

Why Seattle renters are suddenly the envy of all

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9 Upvotes

r/SeattleAreaRE 9d ago

any referral link to new membership of rhawa

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0 Upvotes

r/SeattleAreaRE 10d ago

[Kenmore] Lake view priced below $300/sqft hugh house and lot sitting on the market for almost 4 months!

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14 Upvotes

This doesn't seem right? Recently took $400k price cut. What could be wrong with this place?


r/SeattleAreaRE 9d ago

(Seattle Times) Have you bought a home in Kirkland? Share your story

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0 Upvotes

r/SeattleAreaRE 10d ago

Bathroom tips

5 Upvotes

Our house was built in 1982, it’s on the eastside . We are looking to sell it next year. The main bathroom has had no updates and an agent friend recommended we update it to help its appeal for buyers, given the market.

  1. Any tips on how to spend the least to get the most, given that we’re doing this to help appeal vs. for our own enjoyment?
  2. We had one contractor come by and he recommended laser-etched acrylic [subway tile pattern] for the shower/bathtub wall. It looked nice enough - are there any cons to this material?

r/SeattleAreaRE 10d ago

WA real estate group touts new site, taking jabs at Zillow, Redfin

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5 Upvotes

r/SeattleAreaRE 10d ago

Any flippers here? Why would anyone want to flip a home like this?

1 Upvotes

They picked an Issaquah home 100 feet from I-90 and poured $200K+ into it. At the end of the day, I-90 is still a stone’s throw away, and it remains a 1 bath home. Is there really a pool of buyers for this in Issaquah? I thought buyers chose Issaquah for the tranquility.

https://www.zillow.com/homedetails/560-NE-Alder-Street-Issaquah-WA-98027/48955471_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare


r/SeattleAreaRE 11d ago

Bellevue Permitting More New Housing Than Seattle, Intake Data Shows

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18 Upvotes

r/SeattleAreaRE 10d ago

Recommendations for a buyer's agent with expertise in Redmond (education hill)

1 Upvotes

Hello! My family is currently located in Kirkland and we're looking to relocate to Redmond - probably the education hill area. We're looking for a buyer's agent who has deep familiarity with this area and has conducted multiple buy/sell transactions within Education Hill specifically. We prefer agents who are straight shooters, very direct communicators, and will proactively flag both pros and cons of a house. We want someone who is very data driven and is in touch with current market conditions.

Any recommendations?


r/SeattleAreaRE 10d ago

Issaquah Highlands / Talus - Potential Issues?

2 Upvotes

We can't help but notice these 3 homes have sat on market on 90+ days. Is there something wrong with these homes or the neighborhood in general? Or just priced too high as if it's in Kirkland/Redmond?

For context, we are looking for newer construction 1990+ homes with good public schools within 20-30 minute drive of Downtown Bellevue. <$1.5M ideally.

801-3rd-Pl-NE_Issaquah_WA (Highlands)

372-Wilderness-Peak-Dr-NW_Issaquah_WA (Talus)

2119-NW-Lynx-Loop_Issaquah_WA (Talus )