Trossachs 2022 Recap

Some homes in Trossachs fell by more than $750,000 from list price!

Highest price:

· MLS# 1929468
· Address: 26624 SE 15th St Sammamish
· Price $2,565,000
· Closed 07/08/22

Highest Price Per Sq Ft:
· MLS# 1893063
· 2266 270th Ct SE
· Price Per Sq foot $716.62
· Closed 04/14/22

Highest Amount over asking:

· MLS# 1880754
· Address: 910 272nd Place SE
· $622,000 OVER asking
· Closed 03/02/22 

Trossachs finished the year with a total average of 26 days on market and a price of $562.49 per sq ft.

Current listings at Trossachs have been on the market an average of 107 days.

Pending homes are at: $488.18 per sq ft

Pending Inspection homes at: $489.28 per sq ft.

Those home will most likely close at a slightly lower price than when they went pending.

The Best quarter for Trossachs in 2022 was Q2 (April, May and June)

· 12 Homes Sold

· Average Size of Home: 3,162 sq ft

· Average Days on Market: 5

· Average Sold price: $2,024,667

· % of Asking Price: 103.99%

· Price Per Sq Ft: $640.55

The Numbers for the final quarter (October, November and December) looked like this:

· 14 Homes Sold

· Average Size of Home: 3,566 sq ft

· Average Days on Market: 49

· Average Sold price: $1,748,421

· % of Asking Price: 94.77%

· Price Per Sq Ft: $491.08

The change between Q2 and Q4 numbers on a combined average of a 3,364 sq ft home is as follows:

Q2 would have resulted in a sale price of: $2,154,810.00

Q4 would have resulted in a sale price of: $1,651,993.00

That equates to a drop in average sales price of $502,817.00