October 2017

OCTOBER REAL ESTATE BLOG

October saw 8 active listings in the neighborhood and for the first time they all exceeded $2,200,000.00. For those of us that have lived in the neighborhood for quite some time this is an amazing statistic! If you look at the sold homes in October there were only 4, with the highest priced home closing at $1,375,000 which was located behind St. Stevens Church and was originally listed for $1,175,000.    What does this mean?  Only time will tell, but of the active listings not including the 2 waterfront homes the remaining 6 homes have been on the market from 30-202 days respectively  making their combined days on market an average of 80 days, This is  a stark contrast to the average sold days on the market of 7.

Below is an interesting article about our ongoing housing shortage… Happy fall!

https://www.seattletimes.com/life/a-new-social-phenomenon-in-an-intense-housing-market-are-you-interested-in-selling/

ACTIVE LISTINGS AS OF OCTOBER 31ST

 

Address List Price Beds/

Baths

Year

Built

Sq.Ft Price

p/sq.ft

*4528 W Laurel Dr NE $2,260,000 3 3.25 3,840 $588.54
4312 36th Ave NE $2,279,000 5 5.50 4,800 $474.79
4511 NE 38th St $2,295,000 4 3 4,044 $567.51
5155 NE Latimer Place $2,595,000 5 3.25 3,800 $682.89
4549 55th Ave NE $2,795,000 4 4 4,320 $646.99
3408 E Laurelhurst Dr NE $2,950,000 4 4.25 4,410 $668.93
3627 42nd Ave NE $10,008,000 6 4.25 6,860 $1,458.89
3054 E Laurelhurst Dr NE $11,800,000 5 4.75 7,683 $1,535.86

 

* New listing in October

 

PENDING INSPECTION IN OCTOBER

 

Address List Price Beds/

Baths

Sq.Ft. CDOM
3811 42nd Ave NE $1,550,000 5/3.5 3,840 18

CDOM = Cumulative Days on Market

PENDING FEASIBILITY

 

Address List Price Beds/

Baths

Sq.Ft. CDOM
5020 NE 45th St $5,250,000 5/5.5 8,710 31

 

PENDING IN OCTOBER

 

Address List Price Beds/

Baths

Sq.Ft. CDOM
4702 46th Ave NE $895,000 2/1.75 2,230 22
4323 NE 45th St $1,050,000 4/2.25 2,286 33
*5142 45th Ave NE $1,125,000 4/2.75 2,410 8
4118 42nd Ave NE $1,395,000 5/3.75 3,770 7
*3710 NE 41st St $1,550,000 4/3.25 3,540 9
*5018 NE 41st St $1,628,000 3/2.5 3,210 7
3922 NE Belvoir $1,695,000 4/3.5 4,370 165
3600 W Laurelhurst Dr NE $2,195,000 4/3.25 3,780 81

*Listed and under contract in October

SOLD IN OCTOBER

 

Address List Price Sale Price CDOM Beds/

Baths

Sq.Ft. Price

p/sq.ft

Date Sold
5223 Ivanhoe Pl NE $799,000 $850,000 6 2/1.75 1,380 $615.94 10/10
5007 Ivanhoe Pl NE $875,000 $875,000 7 4/1.75 1,400 $625.00 10/19
5133 46th Ave NE $995,000 $1,107,000 7 5/2.75 2,190 $505.48 10/05
4814 NE 44th St $1,175,000 $1,325,000 7 3/2 2,400 $552.08 10/31
Averages 7 1,843 $574.63

Median Sold Price = $991,000

If you have any questions regarding current real estate trends give me a call or email me @ 206.235.7772 or kodales@windermere.com

 

 


Posted on December 13, 2017 at 1:06 am
Kim O. Dales | Posted in Uncategorized |

November 2017

NOVEMBER REAL ESTATE BLOG

 November was a bit sleepy, with both Veterans Day, Thanksgiving and of course changing our clocks back an hour. Shorter days makes it difficult as it is dark when buyers get off work making viewing homes a bit challenging. There were 2 new listings in November. The home on West Laurel Dr. was only on the market for 4 days and received 2 offers. This home was a classic Tudor with phenomenal views. The new listing on 3817 49th Ave NE has been on the market for 14 days. Situated on a dead end street with views of Lake Washington.

ACTIVE LISTINGS AS OF NOVEMBER 30TH

 

Address List Price Beds/

Baths

Year

Built

Sq.Ft Price

p/sq.ft

*4528 W Laurel Dr $1,600,000 4/2.25 1931 3,260 $490.80
3141 E Laurelhurst Dr NE $2,260,000 3/3.s5 1923 3,840 $588.54
4312 36th Ave NE $2,279,000 5/5.5 2016 4,800 $474.79
4511 NE 38th St $2,295,000 4/3 1938 4,044 $567.51
3817 49th Ave NE $2,468,000 4/3.75 1970 3,467 $711,85
4549 55th Ave NE $2,795,000 4/4 2014 4,320 $646.99
3408 E Laurelhurst Dr NE $2,950,000 4/4.25 1911 4,410 $668.93
3054 E Laurelhurst Dr NE $11,800,000 5/4.75 1928 7,683 $1,535.86

* New listing & under contract in November

 

PENDING INSPECTION IN NOVEMBER

 

Address List Price Beds/

Baths

Sq.Ft. CDOM
*4528 W Laurel Dr $1,600,000 4/2.25 3,260 4

 

CDOM = Cumulative Days on Market

 

SOLD IN NOVEMBER

 

Address List Price Sale Price CDOM Beds/Baths Sq.Ft. Price p/sq.ft Date Sold
4702 46th Ave NE $895,000 $895,000 22 2/1.75 2,230 $401.35 11/20
5150 46th Ave NE $895,000 $900,000 8 4/1.75 2,024 $444.66 11/02
4323 NE 45th St $1,150,000 $1,000,000 33 4/2.25 2,286 $437.45 11/29
5142 45th Ave NE $1,125,000 $1,313,000 8 4/2.75 2,410 $544.81 11/17
4118 42nd Ave NE $1,395,000 $1,525,000 7 5/3.75 3,770 $404.51 11/07
3710 NE 41st St $1,550,000 $1,530,000 9 4/3.25 4,540 $432.20 11/15
5018 NE 41st St $1,628,000 $1,635,000 7 3/2.5 3,210 $509.35 11/21
3600 W Laurelhurst Dr NE $2,195,000 $1,900,000 81 4/3.25 3,780 $502.65 11/07
Averages 22 2,906 $459.62

 

Median Sold Price = $1,419,000

If you have any questions regarding current real estate trends give me a call or email me @ 206.235.7772 or kodales@windermere.com

 

 


Posted on December 13, 2017 at 12:57 am
Kim O. Dales | Posted in Uncategorized | Tagged , , ,

September 2017

SEPTEMBER REAL ESTATE BLOG

 

As fall is here and winter is approaching I received this easy weatherproofing list from Ashley Doran, Title Rep for Chicago Title and a Laurelhurst resident:

 

  • Clean gutters and downspouts in mid-fall and double-check them before winter.
    Replace the filter in your furnace.
  • Close any vents in your home that may have opened for the warm weather.
  • Disconnect hoses and turn off the water.
  • Buy a snow shovel and other winter supplies before the messy weather hits.
  • Keep extra water and canned food in storage, just in case.
    Check the attic, walls and basement for adequate insulation.
  • Feel around electrical outlets and switch-plates for cold air; add insulation where necessary.
  • Look around doors and windows for gaps and potential places where warm air can escape.
  • Caulk or apply weatherstripping around problem drafts areas.
  • Have a contractor look for damaged roof shingles and loose gutters.
  • Have a heating/cooling expert look at your furnace if you are unsure of its efficiency.
  • Have chimneys and wood stoves cleaned early in the season.
  • Test the flue for each fireplace for a tight seal when closed.

 

Back to real estate! As you can see from the number of active listings we have seen a bit of a slow down especially in the upper price range. In September there were 5 new listings.  The home on NE 45th St is being sold by Seattle Children’s. 42nd Ave NE has lovely views and includes an extra lot next door with a rare 5 bedrooms up. A beautiful craftsman with commanding lake views on E Laurelhurst Drive was listed @ $3,200,000 and had a recent price reduction to $2,950,000, and the largest property listed in September 5020 NE 45th St has over an acre of property. Note in the pending section that the homes that have been priced competitively are under contract in less that 8 days.  Closed sales also reflect days on market with 4 of the 8 under contract in 8 days or less. 8 must be the lucky number for September

ACTIVE LISTINGS AS OF SEPTEMBER 30TH

Address List Price Beds/

Baths

Year

Built

Sq.Ft Price

p/sq.ft

4323 NE 45th St $1,150,000 4/2.5 1929 2,286 $503.06
4118 42nd Ave NE $1,395,000 5/3.75 1929 3,770 $370.03
3600 W Laurelhurst Dr NE* $2,195,000 4/3.25 1987 3,780 $580.69
4312 36th Ave NE $2,399,000 5/5.5 2016 4,800 $499.79
5155 NE Latimer Place * $2,595,000 5/3.25 1925 3,800 $682.89
4549 55th Ave NE* $2,795,000 4/4 2014 4,320 $646.99
3408 E Laurelhurst Dr NE $2,950,000 4/4.25 1911 4,410 $668.93
5020 NE 45th St $5,250,000 5/5.5 1969 8,710 $602.76
3627 42nd Ave NE $10,008,000 6/4.25 1921 6,860 $1,458.89
3054 E Laurelhurst Dr NE $11,800,000 5/4.75 1928 7,683 $1,535.86

* Price reduction

 

PENDING IN SEPTEMBER

Address List Price Beds/

Baths

Sq.Ft. CDOM
*5223 Ivanhoe Pl NE $799,000 2/1.75 1,380 6
*5007 Ivanhoe Pl NE $875,000 4/1.75 1,400 7
*5150 46th Ave NE $895,000 4/1.75 2,024 8
*5133 46th Ave NE $995,000 5/2.75 2,190 7
*5031 44th Ave NE $1,050,000 3/3.25 2,011 1
*5025 44th Ave NE $1,275,000 3/3.25 2,492 5

 

*= listed and under contract in August

CDOM = Cumulative Days on Market

 

CONTINGENT

Address List Price Beds/

Baths

Sq.Ft. CDOM
4702 46th Ave NE $895,000 2/1.75 2,230 13
3922 N E Belvoir Pl $1,695,000 4/3.5 4,370 163

 

SOLD IN SEPTEMBER

Address List Price Sale Price CDOM Beds/

Baths

Sq.Ft. Price

p/sq.ft

Date Sold
5015 Ivanhoe PL NE $999,950 $1,050,000 3 4/2.25 1,910 $549.74 9/15
5027 44th Ave NE $1,125,000 $1,125,000 1 3/3.25 2,204 $510.44 9/22
4318 NE 42nd St $1,149,950 $1,136,500 13 3/1.5 2,500 $454.60 9/8
3612 47th Ave NE $1,135,000 $1,135,000 29 4/2.25 2,350 $593.62 9/29
4834 NE 43rd St $1,525,000 $1,525,000 5 4/2.5 2,700 $564.81 9/1
3816 49th Ave NE $2,150,000 $2,050,000 26 5/3.25 4,569 $448.68 9/1
4553 52nd Ave NE $2,275,000 $2,406,000 8 4/2.75 4,060 $592.61 9/15
Averages 12 2,899 $530.64

 

Median Sold Price = $1,395,000

 

If you have any questions regarding current real estate trends give me a call or email me @ 206.235.7772 or kodales@windermere.com

 

 


Posted on December 4, 2017 at 6:23 pm
Kim O. Dales | Posted in Uncategorized | Tagged , , ,

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