Renton Highlands 98059 Condo Sales Report 2014 YTD

Renton Highlands 98059 Condo Sales Report 2014 Renton Condos for SaleYTD-September

 

Condos in the East Renton Highlands continue to be popular with home buyers looking for a low maintenance lifestyle in a convenient location relative to the major metropolitan areas of Seattle & Bellevue.

Here’s a look at the condo sales market for units sold in Renton WA 98059 Year to date through September 2014:

How Many Properties Sold?

Closed sales of condo units in 98059 from January 1, 2014 through September 2014 numbered  47.  The lowest priced property sold for $45,000 and the highest priced property sold for $357,500 in August of this year.

Condos Renton Highlands

Compared to sales numbers of condos sold in 2012, the total closed units is down by approximately 19%. This could be due to a variety of factors…more buyers qualifying for single family homes, or less owners falling behind on payments and selling as a short sale.

Now for my favorite part of Market Reports…..the FUN FACTS!

 

  • The largest condo sold was a town home with  more than 2400 square feet!
  • 15 properties had 1 Bathroom
  • 7 units were in complexes with a pool
  • 3 were Short Sales
  • 9 Were Bank Owned
  • And….22 of the properties sold were all CA$H.

Yep….that means 47% of condos sold in the Renton Highlands year to date through September 2014 were not financed, but closed as all cash purchases.

Makes you wonder what the investors are thinking, or does it?

Looking for a Condo in the Renton Highlands? You can start your search here!

 

 

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