Uncategorized August 17, 2018

May 2018

MAY REAL ESTATE BLOG

May proved to be our most active month for listings in 2018, with 8 new active listings with 5 that went from active to pending with an average of 10 days on the market.

Also noteworthy is the median home price ($1,788,000), this was greatly effected by the beautiful waterfront home that sold on E. Laurelhurst Dr NE. This home with waterfront cottage, had been extensively remodeled resulting in multiple offers, and selling just 4 days after listing for $7,445,000!

The market in Laurelhurst continues to be brisk with no apparent end in sight. As summer approaches we may see a bit of a slow down, but based on May’s performance June may end up being just as busy.

Happy beginning of summer!

Kim

ACTIVE LISTINGS

Address List Price Beds/

Baths

Year

Built

Sq.Ft CDOM Price

p/sq.ft

*4747 48th Ave NE $1,019,500 3/1.75 1943 1,385 6 $736.10
*5047 Ivanhoe Pl NE $1,100,000 3/1.75 1951 2,130 19 $516.43
*5027 Ivanhoe Pl NE $1,225,000 4/3.5 1946 2,140 7 $572.43
*4108 43rd Ave NE $1,500,000 4/2.5 1928 3,365 11 $445.77
4826 NE 41st St $1,595,000 4/2.25 1930 3,300 27 $483.33
4316 36th Ave NE $1,599,000 8/4 1915 3,650 25 $438.08
5112 46th Ave NE $1,995,000 4/3.25 2015 3,509 6 $568.54
*5146 48th Ave NE $2,199,950 5/5 2018 4,040 8 $544.54
3315 E Laurelhurst Dr NE $2,495,000 5/3.25 1924 4,270 17 $584.31
5100 NE Latimer Pl $3,100,000 4/3.75 1900 5,170 41 $599.61
5020 NE 45th St $4,750,000 5/5.5 1969 8,710 107 $568.31
3054 E Laurelhurst Dr NE $11,800,000 5/4.75 1928 7,683 599 $1,535.86

*listed and under contract in May

 

PENDING INSPECTION IN MAY

 

Address List Price Beds/

Baths

Sq.Ft. CDOM
4133 42nd Ave NE $1,500,000 5/2.75 2,720 12

 

PENDING IN MAY

Address List Price Beds/

Baths

Sq.Ft. CDOM
*4747 48th Ave NE $1,019,500 3/1.75 1,385 6
*5047 Ivanhoe Pl NE $1,100,000 3/1.75 2,130 19
*5027 Ivanhoe Pl NE $1,225,000 4/3.5 2,140 7
4108 43rd Ave NE $1,500,000 4/2.5 3,365 11
5146 48th Ave NE $2,199,950 5/5 4,040 8
3817 49th Ave NE $2,260,000 4/3.75 3,467 157

*Listed and under contract in May

SOLD IN MAY           

Address List Price Sale Price CDOM Beds/

Baths

Sq.Ft Price

p/sq.ft

Date Sold
5034 48th Ave NE $835,000 $875,000 8 2/1 1,090 $802.75 5/31
3925 48th Ave NE $1,195,000 $1,385,000 6 4/2 2,900 $477.59 5/2
4810 NE 44th St $1,788,000 $1,788,000 11 4/3 3,367 $531.04 5/4
5155 NE Latimer Place $2,150,000 $2,150,000 40 5/3.25 3,800 $565.79 5/11
3112 E Laurelhurst Dr NE $7,445,000 $7,445,000 4 5/4 5,700 $1,306.14 5/22
Averages 60 3,489 $801.43

 

Median Sales Price = $1,788,000

CDOM = Cumulative Days on Market