Recent Price Reductions
This Labor Day weekend, the Ashworth Cottages at Green Lake took huge price reductions, ranging from $70,000 to $150,000 on few remaining homes. Ashworth Cottages is a newly completed development of 20 Craftsman-style detached and semi-detached 5-Star Built Green homes that are LEED Platinum certified.
MLS #28117831, 8015-B Densmore Ave N
Priced reduced $70,000 to $529,950 on 8/30/08
(total of $140,000 decrease since 7/08/08)
MLS #28149204, 8010 Ashworth Ave N
Priced reduced $80,000 to $789,950 on 8/30/08
MLS #28107563, 8021 Densmore Ave N
Priced reduced $150,000 to $649,950 on 8/30/08
Elsewhere in North Seattle, I’ve noticed a few significant, cumulative price reductions recently. Here’s a sampling that I’ve come across that have been reduced around $90,000 to $250,000 since they were originally listed. Those currently in pre-foreclosure have had the biggest drops.
MLS #28124184, 5810 56th Ave NE
Original List Price: $1,000,000 listed on 5/8/07
Current List Price: $750,000, now in pre-foreclosure
MLS #28124738, 9734 Sand Point Way NE
Original List Price: $800,000 listed on 7/17/08 (yes, 2008)
Current List Price: $550,000, now in pre-foreclosure
MLS #28123987, 827 NW 65th St
Original List Price: $588,000 listed on 8/30/07
Current List Price: $419,000, now in pre-foreclosure
MLS #28118563, 3718 NE 70th St
Original List Price: $950,000 listed on 2/1/08
Current List Price: $859,900
MLS #28015462, 10741 19th Ave NE
Original List Price: $839,900 listed on 1/25/08
Current List Price: $739,000
MLS #28096595, 10745 19th Ave NE
Original List Price: $845,000 listed on 9/27/07
Current List Price: $757,000
