Archive for June 20th, 2009
The Twenty on the Twentieth Report – June 2009
I am happy to report that the general real estate market has seen quite an increase in homes sales that are below the median price. Home buyers are jumping on historically low interest rates before those rates go up again and new home buyers are taking advantage of the $8,000 tax credit before it expires.
And now back to Lake Tapps. Drum roll please …………………..
TEN CLOSINGS TO REPORT ON LAKE TAPPS THIS MONTH!!!
Remember last month when we had 15 pending sales? Well, ten waterfront homes actually closed. This is a very good percentage because in this market, many deals fail for different reasons. In fact, I know of one pending deal that failed to close with an extremely well financed buyer. I feel sorry for the two agents who worked so hard for months to then have the deal fail at the last moment. Better luck next time you two!
Here are the current Lake Tapps waterfront statistics:
Active: Under 1 Million Dollars = 53 Over 1 Million Dollars = 21
Lowest price = $359,800 Highest Price = $2,450,000
Pending = 14 ( all under 1 Million Dollars)
Sold = 10 5/19/09 $670,000 2702 202nd Ave Ct E
5/21/09 $800,000 21123 Church Lake Dr E
5/28/09 $415,000 20914 Church Lake Dr E
6/02/09 $542,500 2925 196th Ave Ct E
6/02/09 $424,000 6610 Vandermark Rd E
6/04/09 $715,000 1411 Tacoma Pt E
6/10/09 $405,000 3007 196th Ave Ct E
6/10/09 $540,000 4410 185th Ave E
6/16/09 $545,000 6116 207th Ave E
6/20/09 $570,000 4605 N Island Dr E
Interested in buying a home? Contact me any time.
Sincerely, Karen Wallace, John L Scott Real Estate (206)910-8807 karenwa@johnlscott.com
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