Where homes sell fastest in Seattle
Homes sell faster in Seattle than in any U.S. city other than San Francisco, according to a new report.
The median time a home took to sell between mid-April and mid-July 2011 was 73 days in Seattle, compared with 117 days nationwide and 59 days in San Francisco, according to an analysis that Seattle-based real estate website Zillow did for CNBC. In Seattle, 33.55 percent of home listings have cut their price, the average discount is 6.88 percent and the final sales price averages 2 percent less than the list price, Zillow said.
Homes took longest to sell in New York (168 days), West Palm Beach (175 days) and Indianapolis (180 days).
Following up on this, seattlepi.com asked Zillow to do a similar analysis of Seattle neighborhoods. Here are the 20 neighborhoods where homes sell fastest.