Kirkland Condos & Townhomes Selling 10% Over Listed Price.

The average condo and townhome in Kirkland is selling about 10% over list price.

Some are selling in even more extreme bidding war scenarios and I’ve highlighted 3 that I have shown and toured in the last 30 days.

12016 101st Ave NE #G2, Kirkland 98034-6734

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At this condo in Juanita, my Buyer and I stood outside in the rain and talked about the siding that day. You could literally put your finger in holes in the siding where it was rotting and without a doubt the condo would need future work/repairs.

It was listed for $300,000 and sold for $367,000. 

The next condo, located behind the Kirkland Post Office -used to be apartments. My sister rented here for years. The insulation is thin (read: you can clearly hear your neighbors) and the bi-fold closet doors used to fall off.  

224 9th St #G-304, Kirkland 98033

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This one was listed for $348,000 and sold for $400,000.  $52,000 over list!

Kirkwood condos, top floor end unit. This condo is located conveniently close to the Kirkland Cross Corridor trail. However, it was built in 1985 and has textured walls and popcorn ceilings and is in need of a master bathroom make-over.

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404 10th St #D-301, Kirkland 98033
That condo was listed for $325,000 and sold for $385,000.  60K over list!
These are extreme but they are not rare. The average sale price in the Kirkland area is 10% over list.

If you go further North to Bothell, Kenmore and North Kirkland the average list over sale price is 5%.

This is a lot more manageable for most 1st time home buyers.  I think if you can focus on this area you will:

  1. have a better opportunity to compete in a bidding war
  2. not have to bid as high
  3. experience greater growth in your equity over the next 3-5 years

 

My name is Georgia. Friends call me Peach. I live in Kirkland where I’ve been helping Buyers and Sellers 13 years. Call me to discuss your home value or how to write the most competitive offer possible in a competitive market like this! 206.948.0431

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4 offers In 4 Days. Maximum Strategy, Maximum Profit.

We did it again! So pleased to announce that my Bellevue condo listing is now under Mutual Agreement and Pending close.

$255,900 is an excellent price for this zip code- Bellevue 98005. However, it does not mean that we skimmed on marketing whatsoever.

My strategy along with the cooperation of the Seller included: fresh interior paint throughout, staging, high quality HDR photos, extended open house schedule and more.

Every house deserves the best marketing out there to maximize the potential that the Seller stands to make. That’s my job and I intend to deliver!

Find more videos and real estate info on GeorgiaLeeWall.com  and follow me on Twitter @KirklandPeach.

My name is Georgia. My friends call me Peach. I live in Kirkland where I’ve been helping buyers and sellers for 12+ years. 206.948.0431

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