$0-$349,999:            2 (2)

$350,000-$499,999:  11 (10)

$500,000-$749,999:    29 (32)

$750,000-$999,999: 11 (11)

$1,000,000- $1,499,999:  5 (4)

$1,500,000- $2,999,999: 3 (4)

$3,000,000+                     1 (1)
———————————–
Average Price: $806,298 ($810,852)

Median Price: $644,475 ($647,000)

Average Days on Market: 97 (95)

Highest Priced Listing: $3,950,000 ($3,950,000)

Lowest Priced Listing: $349,500 ($339,500)

The number of homes for sale in Redmond, by Microsoft, continues to drop.  Nine homes reduced prices this week.  Sellers are doing what needs to be done to get a home sold.  Although, on the other hand, there were two homes in which the asking price was increased!

Closed sales:

$490,000 for a Bristol Woods rambler with 1460 square feet and 3 bedrooms, 1.75 baths.  This home was listed for $499,500 and sold in 27 days for 2% below the original asking price.

****This home was beautifully updated and had a gorgeous kitchen.

$725,000 Evergreen Lane new construction home built by Camwest with 3100+ square feet and 4 bedrooms, 2.5 baths. It sold in 105 days with the original asking price of $764,950, a 5% difference from the original sales price.

****Builders are offering deals to move their inventory.  Camwest is a good builder with a great reputation.

$899,000 Marymoor Hill two story with 3900+ square feet, 4 bedrooms and  3 baths. Original list price of $975,000, final list price of $938,000, sold in 68 days for about 8% below the asking price.

****Another strong neighborhood with a remodeled home with an updated kitchen, wine cellar, and media room.  Originally built by Burnstead, a strong family of builders.

Happy Thanksgiving!  Because of the holiday, I will take a holiday from the weekly buzz next week.