Active Listings:   24(23)

Pending:  2(2)

Closed Sales:   2(1)

Contingent sale: 0(1)

Number of Price Reductions:  0(2)

Cancelled listings 0(0)

Expired Listings 0 (0)

Temporarily Off Market  0(0)

Price increase  0(1)

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0-$349,999:   0(0)

$350,000-$499,999:   3(3)

$500,000-$749,999:    5(6)

$750,000-$999,999:   9(8)

$1,000,000- $1,499,999:   4(3)

$1,500,000- $2,999,999:   3(4)
———————————–
Average Price: $981,983($968,808)
Median Price:   $878,993(877,050)

Market: 91(90)

Highest Priced Listing: $2,299,950 ($2,299,950)

Lowest Priced Listing: $440,000($440,000)

My analysis of this week’s real estate buzz:

There has been sales activity reported in the sold subject to inspection, pending and closed sales categories in both of the last two weeks.  Real estate sales have been happening in the Highlands. 

New listings:

$679,000 rambler with a view and updating

$1,095,000 for a remodeled  home on NE 104th with a view.

Homes receiving offers:

$659,000 an older home with a fabulous view. Lot value, originally priced over $1 million.

$699,000 Highland Creste, was priced at $759,000, on the market for 147 days.

Homes sold contingent:

(The buyer has to sell their home as a condition of the sale.)

None this week.

Homes that are pending sales:

(home sales in which the inspection has been satisfied)

$569,950 a remodeled midentry home on 111th.  Sold in 8 days.

$1,825,000 new construction on 112th with a view.  On the market for 178 days.

Price reductions:

None this week, the first time in a long time!

Closed sales:

(Homes in which the new owner has moved in!)

$375,000 rambler in Edwards Place. Originally priced at $424,900, reduced to $414,900 before receiving an offer. On the market for 61 days. Sold for 12% below the original asking price.

$575,000 remodeled tri-level in Hidden Hills, originally priced at $675,000, final list price of $579,000. On the market for 86 days. Sold for 15% below the original asking price.

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Town homes/condos

5 homes currently on the market

New listings:

$688,888 Highland Pointe two story

Sold subject to inspection:

$599,950  town home in Highpointe

Pending:

$610,000 town home in Highpointe

Price reduced:

$499,000 from $549,999 a free standing town home on NE 87th

Town home/ condo activity is the strongest it’s been in a while.  It’s nice to see some of the listings with long market times now selling.