Case study: escalating prices for a Ballard townhome complex
A group of 8 townhomes in Ballard built-in 2013 have had a few sales recently and it makes an interesting case study in what has been happening with prices as the homes are nearly identical.
| Sold date | List price | Sales price | Days on market | |
| 1st sale | 9/14/2020 | $799,000 | $799,000 | 6 |
| 2nd sale | 3/24/2021 | $800,000 | $888,000 | 7 |
| 3rd sale | 3/24/2021 | $800,000 | $905,000 | 6 |
| 4th sale | 9/27/2021 | $899,000 | $933,000 | 5 |
Amazing to see the difference between selling in the fall of 2020 versus the spring and summer of 2021.
Given the abundance of townhomes, surprising to see such price appreciation, but it seems like buyers place a big premium on townhomes that aren’t super skinny, have a garage, and have a yard.
