I have clients that had been looking in Ballard (Crown Hill) and the surrounding area in the mid-high $400k range. We were beat out on one house (3 offers were presented, the other 2 at or above asking price) and one other sold before we could get the offer written. Since then we have purchased a wonderful house in Ravenna so they are no longer on the emotional roller coaster of losing a house that they like. All this happened within the last 3 weeks. Yes, homes in those areas are selling quickly if they show well and are properly priced.
On a similar note, my clients looking in the Madison Valley/Montlake area are also finding the houses they really like getting offers within days of hitting the market. They are looking in the $500-525k range.
Click here to see the entire Puget Sound Business Journal article on increasing home markets.
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