Hankering to hear Sheryl Crow or Willie Nelson or The Backstreet Boys? Would you like to hear them for free? Kill three birds with one stone: Hear world class music, help recycle, and volunteer all at the same time. King County wants you to help recycle at the Concerts at Marymoor Park.
Contact Marymoor Park at 206-205-3661 or email marymoorpark@kingcounty.gov.
You must be 18 years of age and you can even submit your requests to work at specific concerts. For more concert information and tickets, click on the concert website.
The area represented by the statistics posted below is Redmond, 98052, south of highway 908. The neighborhoods are all within shouting distance of Microsoft. In real estate terms, we call this area 530. The area on Education Hill is called area 550 and is not part of this report. The numbers in parentheses show last week’s totals. All numbers are gathered mid-day on Thursdays from NWMLS information.
Active Listings: 75 (81)
Pending inspection: 0 ( 1 )
Pending: 3 (3)
Closed Sales: 4 (1)
Sold Contingent:0 (0)
Rented: 0(0)
Price Reductions: 4 (2)
Price Increases: 0 (0 )
Expired Listings:3 (2)
Cancelled Listings: 2 (0)
Temp Off Market: 0(0)
Back on Market: 0(0)
Rented 0 (0)
———————————
$0-$349,999: 0 (0)
$350,000-$499,999: 10 (11 )
$500,000-$749,999: 39 (41 )
$750,000-$999,999: 15 (16)
$1,000,000- $1,499,999: 4 (5)
$1,500,000- $2,999,999: 5 (6)
$3,000,000+ 2 (2)
———————————–
Average Price: $871,432 ($878,797)
Median Price: $619,950 ($668,250)
Average Days on Market: 58 (56)
Highest Priced Listing: $3,950,000 ($3,950,000)
Lowest Priced Listing: $364,950 ($364,950)
This week’s closed sales:
$520,000 Rambler style home in Little Tree with a list price of $534,995 with an original price of $549,995 on the market for 45 days sold 6% under full price. This home is 2000 square feet with 3 bedrooms and 2.25 baths.
***This is a lot of square footage in a rambler style home for the money. Great price per square foot.
$722,760 Sheffield Greens two story with an asking price of $758,500 was on the market for 45 days, and sold for about 5% below the original asking price. The home was a 3 bedroom with 2.5 baths. ***A popular Burnstead resale neighborhood of established homes located just across the street from Microsoft’s Redwest campus.
$739,950 Evergreen Lane new construction off of 148th near Grasslawn was originally listed at $752,950, sold in 60 days for almost 2% below the asking price. Two story home with over 3000 square feet, 4 bedrooms, and 2.5 baths. ***New construction with a bit of a discount off full price.
$1,010,000 Parkside at Wilshire new construction home was on the market for 540 days with an original list price of $1,189,800. Two story home with 3700+ square feet and 4 bedrooms, 4.25 baths. ***New construction with a long listing time because the property was listed when it was still an empty lot. The builder gave up about 9% in the price of the home.
—————
Inventory in the area dropped to 75 homes from the high of 81 homes. The number of homes for sale in the area is almost double what was for sale in the spring.
Homes in this market will sell when they are an attractive home and a value in the marketplace. There is a continous turn-over of homes for sale in the area around Microsoft.
Garage Sale This Sunday on Redmond, Washington’s Education Hill
August 14, 2008
Redmond Garage Sale
When: Sunday, August 17th from 9:30 to 4:00pm
Where: 10837 157th Ave NE Redmond, WA 98052
Books, CDs, DVDs
electronics
women’s clothing
new kids’ clothing
jewelry
arts and crafts
toys/stuffed animals
decorative items–photo frames, candles, etc.
Kitchenware
We have a little bit of everything! Look for the bright yellow house on the corner!
A Better Way to Commute to Microsoft’s Redmond Campus?
August 8, 2008
Gas prices and 
traffic in Redmond, Washington near Microsoft got you down? Hop on a Segway and beat the local traffic! Microsoft has one of the best private bus systems in the country, The Connector Shuttle Service, but if you truly want to hop on a your own machine and go, this is it!
As I was driving back to the office today, I saw this man circling the main Microsoft campus at the corner of NE 40th and 156th in Redmond. It was smooth sailing ahead for this guy.
Hmm.. wonder if I could show homes from a Segway…
The area represented by the statistics posted below is Redmond, 98052, south of highway 908. The neighborhoods are all within shouting distance of Microsoft. In real estate terms, we call this area 530. The area on Education Hill is called area 550 and is not part of this report. The numbers in parentheses show last week’s totals. All numbers are gathered mid-day on Thursdays from NWMLS information.
Active Listings: 81 (76)
Pending inspection: 1 ( 2 )
Pending: 3 (5)
Closed Sales: 1 (2)
Sold Contingent:0 (0)
Rented: 0(0)
Price Reductions: 2 (6)
Price Increases: 0 (0 )
Expired Listings:2 (0)
Cancelled Listings: 0 (1)
Temp Off Market: 0(0)
Back on Market: 0(0)
Rented 0 (0)
———————————
$0-$349,999: 0 (0)
$350,000-$499,999: 11 ( 9 )
$500,000-$749,999: 41 (39 )
$750,000-$999,999: 16 (17)
$1,000,000- $1,499,999: 5 (4)
$1,500,000- $2,999,999: 6 (5)
$3,000,000+ 2 (2)
———————————–
Average Price: $878,797 ($887,266)
Median Price: $668,250 ($672,450)
Average Days on Market: 56 (56)
Highest Priced Listing: $3,950,000 ($3,950,000)
Lowest Priced Listing: $364,950 ($379,000)
This week’s closed sale:
$589,950 Rambler style home in Cameret/Little Tree with a list price of $599,950, on the market for 12 days sold 2% under full price. This home is 2500 square feet with 5 bedrooms and 2.5 baths.
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Inventory in the area just went to more than 81 homes. The largest concentration of available homes falls in the $500-750,000 price range, as it includes almost half of the homes currently for sale. The inventory is almost double what was available in April.
I see home sales every week (I’ve been involved in four multiple offer situations in the last 7 weeks!) and believe buyers are out looking for homes. But as I say each week, the best priced home in the best condition wins the buyer. Homes in this market will sell if they are an attractive home and a value.
Open House at Redmond Washington’s “New” Grasslawn Park
August 6, 2008
The “New” Grasslawn Park in Redmond is celebrating with an Open House on August 7th from 10:00-11:30 on Thursday, August 7th. Grasslawn Park is located at 7031 148th Ave NE in Redmond, Washington. Redmond Mayor Marchione will cut the ribbon at 11 AM tomorrow.
Come enjoy the eco-friendly new features of the park. It’s pretty special! It’s the perfect marriage of sustainable design in a people friendly way. The roof of the new maintenance building is planted to help assist with water run-off more efficiently.
The all-season picnic structure is also eco-friendly.This building is available to rent!
The window walls throw open to the outside creating a wonderful space. There’s also a beautiful water feature located right by the outdoor patio.
For more information about the park and the open house, you can check the press release from the city of Redmond.
If you work at Microsoft’s Redwest campus, this is a great place to take a break from work. The park is just down the street. With its new basket ball courts.climbing rocks, picnic tables, and more, an already great park has become even better.
Weekly Real Buzz in West Redmond Through July 31st, 2008
August 1, 2008
The area represented by the statistics posted below is Redmond, 98052, south of highway 908. The neighborhoods are all within shouting distance of Microsoft. In real estate terms, we call this area 530. The area on Education Hill is called area 550 and is not part of this report. The numbers in parentheses show last week’s totals. All numbers are gathered mid-day on Thursdays from NWMLS information.
Active Listings: 76(72)
New listings: 4 (7)
Pending inspection: 2 ( 5 )
Pending: 5 (1)
Closed Sales: 2 (2)
Sold Contingent:0 (0)
Rented: 0(0)
Price Reductions: 6 (2)
Price Increases: 0 (1)
Expired Listings:0 (0)
Cancelled Listings:1 (3)
Temp Off Market: 0(0)
Back on Market: 0(0)
Rented 0 (0)
———————————
$0-$349,999: 0 (0)
$350,000-$499,999: 9 ( 8 )
$500,000-$749,999: 39 (38 )
$750,000-$999,999: 17 (14)
$1,000,000- $1,499,999: 4 (5)
$1,500,000- $2,999,999: 5 (5)
$3,000,000+ 2 (2)
———————————–
Average Price: $887,266 ($902,962)
Median Price: $672,450 ($676,000)
Average Days on Market: 56 (52)
Highest Priced Listing: $3,950,000 ($3,950,000)
Lowest Priced Listing: $379,950 ($365,000)
This week’s closed sales:
$559,950 Tri-level home in Spiritbrook original list price of $559,950, on the market for 2 days sold for full price. ***My listing
$560,000 Daylight rambler home in Braemoor, on market for 29 days, asking price of $560,000 sold for full price.
Two closed sales, two full price offers. Both homes stood out from the competition, were aggressively priced, and sold for full price. Buyers will recognize value when they see it.
Inventory is up again, but 2 homes received offers and 5 homes are now pending, having moved past the building inspection. Competition remains strong, but there are sales happening each week.
Sustainable Development Open House In Redmond, WA
July 27, 2008
Sustainable development, managing storm water, these are all concerns for the City of Redmond. If you would like to find out more about the city’s plans for future development, attend the open house on July 28th, 2008 in the lobby of City Hall at Monday, July 28 from 5 to 7 pm in the 15670 NE 85th Street. Redmond is looking at sustainable development for the future.
“Implementing sustainable development and natural stormwater management techniques increases natural resource conservation, reduces home operating costs and better protects Redmond’s drinking water sources. Techniques include achieving green building certification, planting drought-resistant native landscaping, reducing impervious surface (hardscape) area, reusing rainwater from roofs, minimizing site disturbance during development and installing green (vegetated) roofs.” from the City of Redmond press release.
| CONTACT: | Jeff Churchill, 425-556-2492 |
The area represented by the statistics posted below is Redmond, 98052, south of highway 908. The neighborhoods are all within shouting distance of Microsoft. In real estate terms, we call this area 530. The area on Education Hill is called area 550 and is not part of this report. The numbers in parentheses show last week’s totals. All numbers are gathered mid-day on Thursdays from NWMLS information.
Active Listings: 72(70)
New listings: 7(4)
Pending inspection: 5 ( 8 )
Pending: 1 (5)
Closed Sales: 2 (4)
Sold Contingent:0 (3)
Rented: 0(0)
Price Reductions: 2 (3)
Price Increases: 1 (0)
Expired Listings:0 (2)
Cancelled Listings:3 (3)
Temp Off Market: 0(0)
Back on Market: 0(0)
Rented 0 (0)
———————————
$0-$349,999: 0(0)
$350,000-$499,999: 8(6)
$500,000-$749,999: 38 (39 )
$750,000-$999,999: 14 (14)
$1,000,000- $1,499,999: 5 (5)
$1,500,000- $2,999,999: 5 (4)
$3,000,000+ 2 (2)
———————————–
Average Price: $902,962 ($900,391)
Median Price: $676,000 ($683,000)
Average Days on Market: 52 (58)
Highest Priced Listing: $3,950,000 ($3,950,000)
Lowest Priced Listing: $365,000($379,950)
This week’s closed sales:
$567,000 Mid-entry home in Gleneden original list price of $599,900 with a price reduction to $589,950, on the market for 60 days sold 5 % below asking price.
$650,000 Mid-entry home off Lake Sammamish, on market for 32 days, asking price of $645,000 sold for 5% below asking price.
West Redmond Real Estate Buzz
