Newsletter Lk Samm Dec2010

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Transcript of Newsletter Lk Samm Dec2010

Page 1: Newsletter Lk Samm Dec2010

Average price/sq.ft in

Nov. was $434, up from

$434 in October.

Seasons greetings from

Craig & Diane.

Lk. Samm. Home

Prices Have Fallen

MARKET TRENDS HAPPY HOLIDAYS!

HOME RESALES ON LAKE SAMMAMISH

ARE AT THEIR SEASONAL LOW LEVELS.

SAMMAMISH HAS RETURNED TO A MORE

BALANCED MARKET WITH 5.3 MONTHS

OF INVENTORY AVAILABLE.

The Rhodes Report

December 2010

Understanding the Lake

Sammammish Real Estate

Inventory has stabilized

We are again in a Bal-

anced market. The next

chart shows that average

discounts are running at

8% from original list

price , but only 3% from

the last list price. Avg.

DOM were 23 days in

November. This was much

shorter than in October,

When avg. days on mar-

ket as 187. The basis for

these charts are Lake

Sammamish, single family

home resales, waterfront

properties only. Please

contact us

at:[email protected]

or 425-417-8055 or www:

IssaquahSammamishHomes.com

Understanding the Lake Sammamish Real

Estate Market for Waterfront Home Resales.

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