Duplex Depot - Duplex and MultiFamily Properties of Snohomish County » Snohomish County http://www.duplexdepot.com Duplex and Multi-Family Real Estate in Snohomish County Thu, 01 Jul 2010 13:24:50 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 Plenty of duplex properties in Snohomish county! http://www.duplexdepot.com/72/snohomish-county-duplex-statistics/ http://www.duplexdepot.com/72/snohomish-county-duplex-statistics/#comments Sun, 31 May 2009 14:12:20 +0000 Jacquie Cliff - Real Estate Broker http://www.duplexdepot.com/72/snohomish-county-duplex-statistics/ Time for a market update on duplex properties in Snohomish county.  This month 20 new duplexes came on the market and right now there are over 100 up for sale.  Over 100 duplex properties for sale in Snohomish county alone?  That is a bunch!

As of this morning the average duplex in Snohomish County is priced at $383,457 and has been on the market 177 days.  That is a long time to be sitting!  On the low end are the Everett fixer duplex properties, the cheapest is a meager $185,000.  On the other end of the scare are the overpriced new or nearly new duplex properties topping out at around $730,000.  I see no way those are going to cash flow with any reasonable sort of down payment.

In contrast, the sold listings tell the story of what duplex properties investors are actually buying.  In the last 3 months a mere 12 Snohomish county duplex properties have sold.  When it comes to what they are selling for, the average duplex sale price is $327,879, and none of those were over $480,000. 

Looking at these numbers, I just wonder how many owners are bleeding, sitting on duplex properties that do not have positive cash flow.  Personally if I were wanting to start investing in small multifamily properties, I would make sure that I had my financing in order, a solid down payment, and then start making offers on some of these properties that are close to being priced right, but have been on the market too long. 

If you are ready to buy or sell a duplex in Snohomish or Northern King County give me a call at 425-773-3149.  I would like to sit down and discuss the market conditions and how they relate your needs and situation!

]]> http://www.duplexdepot.com/72/snohomish-county-duplex-statistics/feed/ 1 Lynnwood Washington Duplex Properties http://www.duplexdepot.com/10/lynnwood-washington-duplex-properties/ http://www.duplexdepot.com/10/lynnwood-washington-duplex-properties/#comments Thu, 31 Jul 2008 04:31:34 +0000 Jacquie Cliff - Real Estate Broker http://www.duplexdepot.com/?p=10 Lynnwood is just North of Seattle, across the Snohomish County line, and offers a variety of duplex style rental properties. As of the time of this posting there are 11 duplex properties available in Lynnwood.  Duplex and rental properties in general in Lynnwood are preferable over properties in King county due to the differences in landlord/tenant law.

Lowest Priced Lynnwood Duplex: $359,900
Average Priced Lynnwood Duplex: $492,327
Highest Priced Lynnwood Duplex: $619,950

Average Time on the Market: 116 days

Since the beginning of 2008, 6 Lynnwood duplexes have sold with an average selling price of $435,667.

If you are interested in investing in duplex properties in Lynnwood Washington, please give me, Jacquie Cliff at 425-773-3149 or send an email with any questions or what you are looking for to Jacquie@jacquiecliff.com


Jacquie Cliff – The Amazon Negotiator
Real Estate Agent, Loan Officer and Real Estate Investor serving:
Lynnwood, Bothell, Mill Creek, Seattle, Bellevue, Marysville, Mountlake Terrace, Edmonds, Everett, Snohomish, Kirkland and the surrounding areas!

Call me with any of your real estate questions at 425-773-3149 or email me at Jacquie@jacquiecliff.com anytime!

Copyright © 2008 By Jacqueline A. Cliff, All Rights Reserved.
Lynnwood Washington Duplex Properties

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