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Monday, May 10, 2010

Seattle Cash Buyers

10:32 PM
There were 120 cash purchases of Seattle homes in the last three months. The top zip codes in which cash buyers bought properties in Seattle in the last three months were:

98115
98112
98108
98118
98144
98105

While the average tax-assessed value of these cash transactions was $536,333, 44% of them were tax-assessed at $400,000 or less. Most were purchased at an average of 89% of tax-assessed value. The most typical home purchased was a three bedroom, two bath house built (on average) in 1941, on a lot of approximately 4200 sf. 66% of the buyers purchased the property as a primary residence.

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