Market Activity Sept. 20-26, 2010

Last week brought 19 new listings onto the market, 11 pending sales, and 11 closed sales.

There is a new listing worth getting excited about. It’s a condo right on the lake at the East end off of McVey. It was previously listed for $549,000, and is now a foreclosure listed for $140,000. Seriously, waterfront for $140,000. My guess is that the bank who now owns it knows that with the lake level lowered right now for the sewer replacement project, they know it will not show well. But if you are willing to look at a mud bog until next summer when the lake is refilled, you could get yourself one screaming deal. It’s just 992 square feet, with 3 bedrooms and 1 1/2 baths. Give Linda or myself a call if you want more info.

In the mean time, here is last week’s report.

See below for further details.

NEWLY LISTED (Sept 20-26, 2010)

Address List Price Bedroom Baths Sq Feet Prop Type
44 EAGLE CREST DR $100,000 2 1 908 CONDO
668 MCVEY AVE $140,000 3 1.5 992 CONDO
4085 JEFFERSON PKWY $168,900 2 2.5 1,851 CONDO
10 ORIOLE LN $299,500 3 2 1,654 DETACHD
6173 WASHINGTON CT $314,000 3 2 1,440 DETACHD
16026 PARKER RD $330,000 3 1 1,620 DETACHD
4260 SOUTHSHORE BLVD $349,000 2 2 1,268 DETACHD
106 KINGSGATE RD $349,900 3 2.5 1,669 DETACHD
2602 ORCHARD HILL PL 409900 3 2.5 2,568 DETACHD
17187 CARLSON CT 435000 4 3 2,082 DETACHD
979 DEVON LN 457000 4 3.5 2,162 DETACHD
2250 PARK RD 499000 3 2 2,072 DETACHD
19263 MEGLY CT 559900 5 3 3,213 DETACHD
17981 MEADOWLARK LN 584900 3 2.5 3,250 DETACHD
5975 NEWCASTLE DR 649000 4 2.5 3,339 DETACHD
1969 PALISADES TERRACE DR 775000 4 2.5 3,930 DETACHD
312 9th ST 782850 4 2.5 2,640 DETACHD
453 9th ST 797950 4 3.5 2,859 DETACHD
3030 Childs RD 999950 5 4.5 7,076 DETACHD

PENDING SALES (Sept 20-26, 2010)

Address List Price Bedrooms Baths Sq Feet Prop Type
200 BURNHAM RD $149,000 2 2 1,335 CONDO
18462 DON LEE WAY $179,900 4 2 1,904 DETACHD
16200 PACIFIC HWY $184,900 2 2 1,190 CONDO
1070 HALLINAN $321,000 3 1.5 1,653 DETACHD
32 CHURCHILL DOWNS $379,900 4 2.5 3,016 DETACHD
1000 ATWATER RD $389,900 4 3 2,200 DETACHD
17491 BLUE HERON DR $459,900 4 2 2,396 DETACHD
230 4TH ST $475,000 3 3 2,165 DETACHD
13143 VERMEER DR 499000 3 2.5 2,288 DETACHD
14246 KIMBERLY CIR 615000 4 2.5 3,520 DETACHD
844 5TH ST 829000 3 3 2,590 DETACHD

SOLD (Sept 20-26, 2010)

table >

Address Orig. Price Close Price CDOM Sq Feet Prop Type
6011 SHAKESPEARE ST $195,000 $196,000 1 1,318 DETACHD
5060 FOOTHILLS DR $229,500 $210,000 32 1,252 CONDO
18929 INDIAN SPRINGS RD $324,900 $324,900 7 3,380 DETACHD
595 6TH ST $349,000 $349,000 3 893 DETACHD
19 FALSTAFF ST $500,000 $405,000 169 3,207 DETACHD
19451 SW DOGWOOD CT $559,900 $527,900 104 3,547 DETACHD
577 2ND ST $595,000 $535,000 211 1,459 CONDO
3030 WESTVIEW CT $859,000 $727,500 677 3,415 DETACHD
5288 DENTON DR $759,000 $739,000 62 3,240 DETACHD
3540 RED CEDAR WAY $919,000 $740,000 177 4,100 DETACHD
1318 HORSESHOE CURV $1,275,000 $1,090,000 165 3,554 DETACHD

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings