September 11, 2011
By Craig Ruden
By Craig Ruden, Redmond, Washington Real Estate Broker & Investor
There were 93 houses and 21 condominiums in Redmond that sold in the month of
August. In addition, 83 houses and 23
condominiums went pending in Redmond.
Throughout King County, The average closing
price is $391,673 and the median price is $310,000 with 2379 closings. Regarding new construction, there were 238
new residential units (houses) and 53 new condominiums. Total active listings were 1092 residential
and 372 condominiums. Total closures were
184 residential and 62 condominiums.
In between representing buyers and sellers, I spend time helping my
clients with over-leveraged property or those potentially facing
foreclosure. I even have a solution that could allow a homeowner to get some cash out of their over-leveraged property. If this sounds like you might want to learn more, please contact me for a free consultation.
Cheers and enjoy the sunshine that we have been waiting for so long!