I think I’m going to start a new weekly feature where I blog about the most popular condo on Redfin in the last week. Here goes…
The most popular condo listing this past week was unit #104 at Queen Anne High. It could be the most popular because of the attention from the recent Queen Anne High auction or the recent price reduction that I blogged about. It certainly isn’t due to the photos or stunning marketing remarks.
This condo seems to have an interesting history. It was last sold for $529k June 2007 and hit the market this February at $500k only to have the price whacked down to $350k. This is very likely a short sale as it’s being listed by Michael Hellickson who seems to have some experience with short sales.
Here’s the current condo conditions in 98109:
This person definitely bought at peak in the summer of ’07 and is unloading at the bottom. Sadly the $389/square foot might not be enough.
Note: Let’s keep the comments civilized please. We don’t need to go and dig up any unnecessary dirt here.