The Cascade Team Real Estate Blog

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Market showing signs of adjusting, but buyers still see double-edged sword

  • King County Prices up 14.7% to $573,522
  • The Cascade Team Average List Price Hits $648,230
  • Inventory shows signs of improvement but still 17.1% below last year's levels.
  • The Cascade Team Listing Inventory Level is up 32% OVER last year's levels!
  • 80% of new listings selling in the first 30 days on market over-all.
  • 89.3% Of The Cascade Team Listings Sell in the first 10 Days!

 
KIRKLAND, Washington (July 6, 2016) – Home sales around Western Washington continued at a torrid pace during June, but a 10 percent year-over-year increase in new listings has some brokers with Northwest Multiple Listing Service suggesting a little relief may be emerging.

  
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Here are three serious considerations to evaluate before you determine whether to pursue a home purchase.

The old real estate cliché doesn’t name this quality as tops for nothing. Unless you plan to take a unique or historic home off its foundation, you can't change location. If a home is on a busy intersection, across from a shopping plaza, or within earshot of the freeway, take major note. That home will always be valued at significantly less than a similar home nearby. Unless you’re willing to sacrifice to get into the school district or neighborhood of your dreams, keep looking. Once you snag a good location, nobody can ever take that away from you.

home with a tiny kitchen closed off from the rest of the house is much less desirable today than

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$430,000 - 801 7th ln, Fox Island

   Bedrooms: 3
   Bathrooms: 2.5
   Sq. Footage: 1,976
   Year Built: 1992
   Garage Spaces: 2
   Type: Residential
   MLS® Number: 973078
OFFERED BY: PROPERTY DESCRIPTION:
  Brady Howard
Managing Broker
253-720-3503
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Welcome to paradise! You will never want to leave your yard, this home sits on 1.28 lush acres with a huge deck, hot tub, garden area, greenhouse, sheds and specimen trees everywhere. Inside you’ll find gorgeous wide planked hardwood flooring, granite countertops and stainless
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$245,000 - 503 Rainier Acres Rd SE, Rainier

   Bedrooms: 3
   Bathrooms: 2.5
   Sq. Footage: 1,392
   Year Built: 2000
   Garage Spaces: 2
   Type: Residential
   MLS® Number: 973167
OFFERED BY: PROPERTY DESCRIPTION:
  Tess Henderson
Broker
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Charming 2 Story with wrap around front porch situated on .29 acre corner lot in desirable Burnham Estates. Master Bedroom w/Ensuite Bath, All bedrooms feature walk-in closets, Fenced Backyard, RV Space, Boat Space, Garden Shed, Garden Space, Fully Landscaped, Perfect sized patio for
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$535,000 - 44834 SE 145th St., North Bend

   Bedrooms: 3
   Bathrooms: 2
   Sq. Footage: 1,400
   Year Built: 1966
   Garage Spaces: 2
   Type: Residential
   MLS® Number: 972674
OFFERED BY: PROPERTY DESCRIPTION:
  Hailey Miller
Broker
714-655-0595
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Secluded river home nestled in trees on shy 1/2 acre, boasts 125+/- ft riverfront seen from most every window. Oversize entertainment deck w/ pass thru window to kitchen. Several outbuildings: Workshop, Shed w/ lean to, 550sq ft. finished garage/rec rm (insulated & heated) & Outdoor
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$535,000 - 1418 112th St Ct NW, Gig Harbor

   Bedrooms: 3
   Bathrooms: 2.5
   Sq. Footage: 2,391
   Year Built: 1991
   Garage Spaces: 3
   Type: Residential
   MLS® Number: 972685
OFFERED BY: PROPERTY DESCRIPTION:
  Laura Hodgson
Broker
425-223-1535
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Stunning VIEW home in the Colvos Passage community! Open floor plan w/ sound & mountain views from most rooms, with iconic Mt. Rainier as the centerpiece! Formal LR&DRs open to the kitchen w/ maple cabinets, island w/ prep sink, walnut HW floors, Corian counters, & gas range.
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$380,000 - 7601 Fairway Ave SE, Snoqualmie

   Bedrooms: 2
   Bathrooms: 2.5
   Sq. Footage: 1,377
   Year Built: 2003
   Garage Spaces: 2
   Type: Townhouse / Condo
   MLS® Number: 972589
OFFERED BY: PROPERTY DESCRIPTION:
  Martine Green
Broker
425-559-5847
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Snoqualmie Ridge Townhome features vaulted ceilings, great room floor plan, maple hardwoods, gas fireplace. Ceramic tile counters and full backsplash to large, open kitchen. Master with view of Mt. Si, features large walk-in closet and luxurious bath with sky light, tile
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$650,000 - 1735 9th Place NE, Issaquah

   Bedrooms: 3
   Bathrooms: 2.5
   Sq. Footage: 1,694
   Year Built: 2011
   Garage Spaces: 1
   Type: Townhouse / Condo
   MLS® Number: 973083
OFFERED BY: PROPERTY DESCRIPTION:
  Matt Jensen
Branch Manager - Issaquah Highlands Office
206.909.8200
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zHome! Revolutionary, advanced & superior that combines smart design & state-of-the-art technology to achieve an incredibly healthy home with zero net energy use. You'll be amazed by the cutting edge systems, deep green materials, ambient light
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$375,000 - 17401 SE 261st St, Covington

   Bedrooms: 4
   Bathrooms: 1.75
   Sq. Footage: 1,950
   Year Built: 1965
   Garage Spaces: 2
   Type: Residential
   MLS® Number: 969659
OFFERED BY: PROPERTY DESCRIPTION:
  Marisa Ormando
Real Estate Broker
425.445.9616
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Remodeled rambler on large lot offers 3 bedrooms & 2 full baths. It's very spacious with an optional extra room that can be used as an office or guest room. New hardwood flooring tiled baths and carpeting throughout. Kitchen and baths are all brand-new. Kitchen has
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$3,390,000 - 3798 94th AVE NE, Yarrow Point
  Bedrooms : 4
  Bathrooms : 4.5
  Sq. Footage : 5,123
  Year Built : 2013
  Garage Spaces : 3
  Type : Residential
  MLS® Number : 970210
 
 
 
 
 
Offered By: Property Description:
  Yuri Lin
Real Estate Broker
425.761.3847
Schedule a Showing
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Better than new, this urban oasis is located in prestigious Yarrow Point. Constructed in 2013 by Dean Homes on a desirable quiet street, this modern
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