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APRIL REAL ESTATE BLOG
April was very quiet in the neighborhood with only 3 new listings! Of those three, two received offers and are now pending. It is such a sellers market, especially in a sought after neighborhood like Laurelhurst. Also of note is that two waterfront homes were recently listed with one selling with multiple offers, and the second pending also with multiple offers.
Single-family home costs across the metro area grew 12.7 percent in February from a year earlier, the biggest increase in the nation for the 18th month in a row, according to the monthly Case-Shiller home price index, released Tuesday.
The report marked six years since home values bottomed out in February 2012. Since then, values have increased 85 percent — nearly triple the region’s historical average for a typical six-year span. Only San Francisco and Las Vegas had bigger gains during that period.
I hope you are all enjoying the sunshine and our improved weather!
ACTIVE LISTINGS AS OF May 1st
| Address | List Price | Beds/
Baths |
Year
Built |
Sq.Ft | CDOM | Price
p/sq.ft |
| *4208 43rd Ave NE | $1,725,000 | 5/2.25 | 1929 | 3,200 | 6 | $539.06 |
| 3817 49th Ave NE | $2,260,000 | 4/3.75 | 1970 | 3,467 | 146 | $651.86 |
| 5100 NE Latimer Pl | $3,100,000 | 4/3.75 | 1900 | 5,170 | 7 | $599.61 |
| 5020 NE 45th St | $4,950,000 | 5/5.5 | 1969 | 8,710 | 73 | $568.31 |
| *3112 E Laurelhurst Dr NE | $7,445,000 | 5/4 | 1925 | 3,800 | 4 | $1,306.14 |
| 3054 E Laurelhurst Dr NE | $11,800,000 | 5/4.75 | 1928 | 7,683 | 599 | $1,535.86 |
*listed and under contract in April
PENDING IN APRIL
| Address | List Price | Beds/
Baths |
Sq.Ft. | CDOM |
| 4744 44Th Ave NE | $1,100,000 | 4/1.75 | 2,200 | 23 |
| 4810 NE 44th St | $1,788,000 | 4/3 | 3,367 | 11 |
| *4208 43rd Ave NE | $1,725,000 | 5/2.25 | 3,200 | 7 |
| 5155 NE Latimer Pl | $2,150,000 | 5/3.25 | 3,800 | 40 |
| *3112 E Laurelhurst Dr NE | $7,445,000 | 5/4 | 7,683 | 4 |
*Listed and under contract in April
SOLD IN APRIL
| Address | List Price | Sale Price | CDOM | Beds/
Baths |
Sq.Ft | Price
p/sq.ft |
Date Sold |
| 4736 45th Ave NE | $1,595,000 | $1,610,000 | 9 | 4/1.75 | 2,960 | $543.92 | 4/12 |
| *4208 43rd Ave NE | $1,725,000 | $1,850,000 | 7 | 5/2.25 | 3,200 | $578.13 | 4/27 |
| 3141 E Laurelhurst Dr NE | $2,260,000 | $2,038,000 | 149 | 3/3.25 | 3,840 | $530.73 | 4/3 |
| 4511 NE 38th St | $2,195,000 | $2,050,000 | 122 | 4/3 | 4,044 | $506.92 | 4/27 |
| 4546 48th Ave NE | $2,250,000 | $2,225,000 | 8 | 5/3.5 | 4,120 | $540.05 | 4/18 |
| 3834 46th Ave NE | $2,395,000 | $2,350,000 | 8 | 4/3.75 | 5,120 | $458.98 | 4/27 |
| 4105 NE Surber Dr | $4,950,000 | $5,100,000 | 2 | 5/4 | 7,510 | $679.09 | 4/16 |
| Averages | 44 | 4,399 | $548.26 |
Median Sales Price = $2,050,000
CDOM = Cumulative Days on Market
