This post was contributed by a community member. The views expressed here are the author's own.

Community Corner

SOLD! Richfield Housing Market Heats Up; 8 Homes Change Hands

Last week showed record closings in Richfield in 2011.

As the weather warms, many buyers stop window shopping and become serious house hunters because, let's be honest, who wants to move in the winter.

More homes closed in Richfield during the week of April 11 than any week during 2011 with eight properties change hands. Banks are starting to be more willing to negotiate with buyers as they try to get rid of their non-producing inventory of foreclosed homes. Buyers should be wary of giving a low-ball offer unless they are focused entirely on price. If you love a home, make a fair offer and chances are, it could be yours.

1) 6500 Woodlake Dr. #414

Find out what's happening in Richfieldwith free, real-time updates from Patch.

Listed by Coldwell Banker Burnet

One bedroom, one bath; senior housing.

Find out what's happening in Richfieldwith free, real-time updates from Patch.

Days on Market: 299

Closed: April 4, 2011

Original List Price: $60,000

List Price at Time of Offer: $58,000

Sold Price: $51,000

Seller Contribution: $1,545

2) 6401 16th Ave. S.

Listed by Keller Williams Premier Realty

Three bedrooms, one bath

Days on market: 5

Lender owned

Closed: April 11, 2011

List Price: $74,900

Sold Price: $80,000

3) 6633 Elliot Ave. S.

Listed by Re/Max Advantage

Three bedrooms, one bath

Days on Market: 132

Lender owned

Closed: April 15, 2011

Original List Price: $133,900

List Price at Time of Offer: $111,900

Sold Price $112,000

4) 7009 Xerxes Ave. S.

Listed by Ascendant Realty

Three bedrooms, two baths

Days on Market: 8

Lender owned

Closed: April 11, 2011

List Price: $169,900

Sold Price: $173,000

Seller’s Contribution: $5,190

5) 6425 Irving Ave. S.

Listed by Keller Williams Integrity

Four-bedrooms, two baths

Days on market 1

Closed 4/08/2011

List price $224,900

Sold price $224,900

Seller contribution $6,720

6) 7508 4th Ave. S.

Listed by The Realty House

Four bedrooms, two baths

Days on Market: 44

Closed: April 8, 2011

Original List Price: $199,900

List Price at Time of Offer: $189,900

Sold Price: $189,900

Seller contribution $4,257

7) 7627 15th Ave. S.

Listed by GreenKey Real Estate Group

Three bedrooms, one baths

Days on Market: 92

Lender owned

Closed: April 8, 2011

Original List Price: $110.000

List Price at Time of Offer: $95,000

Sold Price: $90,000

8) 7144 Clinton Ave.

Listed by Re/Max Results

Four bedrooms, two baths

Days on Market: 1

Closed: April 8, 2011

List Price: $224,900

Sold Price: $224,900

Seller Contribution: $6,720

Stephanie Fox is a licensed real estate agent with Coldwell Banker Burnet.

We’ve removed the ability to reply as we work to make improvements. Learn more here

The views expressed in this post are the author's own. Want to post on Patch?