Here are Canyon Ridge Condominiums Real Estate Market Stats for 2011- Bothell, WA. You would think that a condo community of 75 units would have around 10-20% of sales each year, but 2011 was a slooow year. Canyon Ridge Condominiums only had three sales, two being traditional and one being a foreclosure (REO).
The graphs show that values were all over the board with a foreclosure selling at $105,000 and the other two sales were traditional "non-distressed" selling just shy above $200,000.
Canyon Ridge Condominums Market Report 2011- Days on Market
Canyon Ridge Condominiums Market Report 2011- $/SQFT
Canyon Ridge Condominiums Market Report 2011- Original vs. Sold Prices
Its clear that the real estate market is slow, but its even slower for condominiums and going into 2012... I believe that there will be more foreclosures and short sales to come. I will provide an update at the halfway mark this year (June) and see where prices are and will be as we finish 2012.
If you would like a Free Market Evaluation on your home and would like to see what our team offers, contact us directly. We will contact you within 1 hour.
***Information Deemed Reliable But Cannot Be Guranteed. Information courtesty of the NWMLS***
Judah Realty
Realty Executives-BRIO
Freddy M. Delgadillo - Broker /Owner
Direct: 425-941-8688
2370 130th Ave NE, Suite 103
Bellevue, WA 98005
***For Relocation, Foreclosure & Short Sale assistance, call us directly. Here to serve. ***
Judah Realty services buyers and sellers in the Bellevue, Kirkland, Redmond, Sammamish, Issaquah, Kenmore, Bothell, Mill Creek, Newcastle, Renton & the greater Seattle area.
Freddy - Great, local real estate market report. You've given both buyers and sellers a lot of good information to use. Nicely done!
Good Evening Freddie
Thanks for the post and information Have a great day
Laura- thank you. I think they will both benefit from the report.
Patrick- thank you.