REAL ESTATE WRAPUP: The August home sales numbers are out for Wedgwood and View Ridge and it’s a pretty downcast report. Here’s a closer look compliments of Liz Nitz from Windermere, who specializes in this part of northeast Seattle.
Wedgwood:
Homes sold: 8
Pending: 3
Average sales price: $408,994
Median sales price: $415,000
Average days on market: 51
View Ridge:
Homes sold: 1
Pending: 4
Average days on market: 22
Observations:
Liz tells us that August is typically the first or second slowest month of the year for home sales — and this year was no exception. She says plenty of sellers are ready to sell (and negotiate) but too few buyers are qualified or motivated enough to purchase
