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FEBRUARY REAL ESTATE BLOG
February was pretty sleepy
The most interesting statistic are the Median Sales Prices over the last 3 years:
February 2018 $2,027,500
February 2019 $1,372,750
February 2020 $601.05 * this was a new construction townhome
Historically February in Seattle and Laurelhurst have been fairly quiet. Lots of rain, dark evenings, and in general people just don’t seem to be in the buying mindset until the days get longer.
I am hopeful that March will bring out the spring flowers and with that more listings. The buyers are just waiting on the sidelines, as interest rates dropped again last week. Low inventory is wonderful for sellers resulting many times in multiple offers, so if you are a seller contemplating putting your home on the market this would be a perfect time.
Happy Spring!
Kim Dales
ACTIVE LISTINGS
| Address | List Price | Beds/
Baths |
Year
Built |
Sq.Ft | CDOM | Price
p/sq.ft |
| 5005 44th Ave NE | $639,950 | 2/1.75 | 2020 | 1,135 | 42 | $563.83 |
| 4123 NE 41st St | $1,250,000 | 4/1.75 | 1909 | 2,420 | 5 | $516.53 |
| 4312 36th Ave NE | $1,999,900 | 5/5.5 | 2016 | 4,800 | 45 | $416.65 |
| 4558 51st Ave NE | $2,195,000 | 6/3.25 | 1969 | 3,990 | 117 | $550.13 |
| 5136 45th Ave NE | $2,500,000 | 5/5 | 2020 | 4,620 | 20 | $541.13 |
| 4528 W Laurel Dr NE | $2,925,000 | 5/3.25 | 1931 | 3,610 | 42 | $810.25 |
| 5020 NE 45th St | $3,995,000 | 5/5.5 | 1969 | 6,430 | 301 | $621.31 |
PENDING IN FEBRUARY
| Address | List Price | Beds/
Baths |
Sq.Ft. | CDOM |
| *4507 NE 54th St | $969,000 | 4/2 | 2,190 | 14 |
| *4117 NE 41st St | $1,250,000 | 4/1.75 | 2,590 | 6 |
| *4005 50th Ave NE | $2,350,000 | 4/3.25 | 3,450 | 1 |
* listed and under contract in February
PENDING INSPECTION IN FEBRUARY
| Address | List Price | Beds/
Baths |
Sq.Ft. | CDOM |
| *3620 42nd Ave NE | $2,095,000 | 5/3.25 | 4,140 | 2 |
SOLD IN FEBRUARY
| Address | List Price | Sold Price | CDOM | Beds/
Baths |
Sq.Ft | Price
p/sq.ft |
Date Sold |
| 5033 44th Ave NE | $659,950 | $659,950 | 7 | 2/1.75 | 1,098 | $601.05 | 2/27 |
| Averages | $659,950 | 7 | $601.05 |
Median Sales Price = $601.05
CDOM = Cumulative Days on Market
