I learned today from my new favorite blog myballard.com that our zip code is the eight fastest selling in the country, with an average time on the market of 86 days. Looking at the list Ballard has done pretty well in comparison to many higher up on the list, like Plano, Tex. (#4) where prices are down 2.8% year-over-year, and #7 Wakefield, Mass. (down 7.3%). We’re down just 0.9%.
Like most averages this one is totally meaningless. The slow end of the average has to be dominated by overpriced condos (like the two next door to us that have not sold in over a year - dunno who we should thank more for that, the a-hole developers who left nails in our driveway and gave us three flat tires over the year, or my neighbor who with his Native American friend put a curse on the a-hole developers) and run-down overpriced tear downs with a good view and elderly owners who need to cash out to retire.
Tags: ballard, realestate, seattle
