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OCTOBER REAL ESTATE BLOG
What a wonderful fall we have had in Seattle. I had the opportunity to be in North Carolina the last week of October and their fall did not compare!
Real Estate wise although the market in general is remaining strong our median sales price $1,712,500 this October has decreased from October 2018’s Median sales price of $2,250,000. Also, days on market has greatly increased from 5 Cumulative Days on Market for home sales in October 2018 to 75 CDOM this October. I feel that the market has slowed but sellers feel their homes value is higher than our current market can bare. This results in price reductions and ultimately lower closing prices and more days on the market.
As we approach winter and a slowing of newly listed homes things to think about to make your home market ready include, cleaning gutters, touch of paint, pruning trees away from your home, and a big ticket item if you have the financial ability and the space is adding a master bedroom to your home if you don’t have one.
Have a Happy Thanksgiving!
Kim
ACTIVE LISTINGS
| Address | List Price | Beds/
Baths |
Year
Built |
Sq.Ft | Price
p/sq.ft |
| 4274 NE 50th St | $899,000 | 4/2.5 | 2019 | 2,045 | $439.61 |
| 5069 Harold Pl NE | $1,350,000 | 3/2.25 | 1946 | 2,550 | $529.41 |
| 4314 NE 41st St | $1,395,000 | 5/2.25 | 1930 | 2,890 | $482.70 |
| 4014 45th Ave NE | $1,399,000 | 4/2.75 | 1940 | 2,950 | $474.24 |
| 4811 NE 41St St | $1,949,000 | 4/3 | 1961 | 3,600 | $541.39 |
| 4312 36th Ave NE | $1,999,900 | 5/5.5 | 2016 | 4,800 | $416.65 |
| 5146 48th Ave NE | $2,200,000 | 5/5 | 2018 | 4,040 | $544.55 |
| 4804 NE 40th St | $2,695,950 | 5/4 | 2019 | 4,700 | $573.61 |
| 5020 NE 45th St | $3,995,000 | 5/5.5 | 1969 | 6,430 | $621.31 |
| 4208 55th Ave NE | $4,398,000 | 4/2.5 | 1957 | 3,230 | $1,361.61 |
| 4911 NE Laurelcrest Ln | $13,750,000 | 7/6.5 | 2008 | 9,590 | $1,433.79 |
PENDING IN OCTOBER
| Address | List Price | Beds/
Baths |
Sq.Ft. | CDOM |
| 3503 NE 44th St | $829,950 | 2/1 | 1,030 | 27 |
| 5016 Nicklas Pl NE | $1,250,000 | 4/2.25 | 3,590 | 35 |
| 4503 48th Ave NE | $1,995,000 | 5/3.5 | 4,133 | 140 |
| 3011 E Laurelhurst Dr NE | $2,635,000 | 4/3.5 | 5,380 | 164 |
PENDING INSPECTION IN OCTOBER
| Address | List Price | Beds/
Baths |
Sq.Ft. | CDOM |
| *5122 47th Ave NE | $998,000 | 3/1.75 | 1,620 | 28 |
| 4542 52nd Ave NE | $2,025,000 | 4/3.25 | 3,013 | 43 |
*under contract in October
SOLD IN OCTOBER
| Address | List Price | Sale Price | CDOM | Beds/
Baths |
Sq.Ft | Price
p/sq.ft |
Date Sold |
| 3603 NE 43rd St | $725,000 | $800,000 | 0 | 4/2.75 | 2,200 | $363.64 | 10/15 |
| 4317 50th Ave NE | $1,299,000 | $1,294,500 | 3 | 4/2 | 1939 | $465.65 | 10/25 |
| 4335 NW 44th St | $1,390,000 | $1,375,000 | 8 | 4/3.25 | 1930 | $514.98 | 10/16 |
| 3854 42nd Ave NE | $1,550,000 | $1,550,000 | 6 | 5/2.75 | 1926 | $481.37 | 10/22 |
| 4515 51st Ave NE | $1,875,000 | $1,875,000 | 145 | 4/2.25 | 1940 | $446.43 | 10/25 |
| 3828 49th Ave NE | $2,350,000 | $2,150,000 | 156 | 5/4 | 1928 | $536.16 | 10/7 |
| 3151 W Laurelhurst Dr NE | $3,250,000 | $2,900,000 | 274 | 4/3 | 1940 | $938.51 | 10/23 |
| 3120 E Laurelhurst Dr NE | $6,995,000 | $6,850,000 | 7 | 5/4.5 | 1956 | $1,155.14 | 10/18 |
| Averages | $2,349,313 | 75 | $612.73 |
Median Sales Price = $1,712,500
* Median Sales Price September 2018 = $1,463,500
CDOM = Cumulative Days on Market
