Wednesday, May 12, 2010

April Neighborhood Real Estate Activity

Thanks to Kim Dales for providing us with the neighborhood real estate activity:





April Laurelhurst Real Estate Recap

April was a busy month in Laurelhurst with 14 new listings, 6 of those homes went pending within 15 days of their listing date. Median days on market for pending sales was 34 days which is a great improvement over our March statistic of 91 days on market!

I have broken down all new listings into Active, Pending, including Pending Inspection and Solds below.

It is interesting to note that the home in the $900,000 to $949,000 price range had the longest days on market.

A third waterfront home on 55th Ave NE went pending in April with three waterfront homes with price points above $4,500,000 remaining on the market.

Active

Listing Price Range                Quantity   Average DOM

$350,000 thru $399,999                 1              31
$650,000 thru $699,999                 1              31
$800,000 thru $849,999                 1               9
$850,000 thru $899,999                 1              28
$950,,000 thru $999,999                2               6
$1,000,000 thru $1,249,999          1               24
$1,250,000 thru $1,499,999          1                 3
          TOTAL                               8               17


Summary Price Information

Minimum $399,950
Maximum $1,295,000
Average $880,869
Median $924,000


Pending

Listing Price                              Quantity   Average DOM
$600,000 thru $649,999                 1                  9
$700,000 thru $749,999                 2                 40
$750,000 thru $799,999                 1                 61
$900,000 thru $949,999                 1                 114
$1,000,000 thru $1,249,999           1                 10
$1,250,000 thru $1,499,999           2                 28
$1,2,000,000 thru $2,249,999        1                    3
$2,500,000 thru $2,749,999           1                  53
          TOTAL                              10                  39


Summary Price Information
Minimum $649,500
Maximum $2,650,000
Average $1,248,700
Median $1,019,500



Sold

Selling Price Range             Quantity           Average DOM

$550,000 thru $599,999            1                           8
$700,000 thru $749,999            2                         12
$850,000 thru $899,999            2                         31
$950,000 thru $999,999            1                           41
$1,000,000 thru $1,249,999      1                           4
          TOTAL                           7                           20


Summary Price Information
Minimum $553,500
Maximum $1,200,000
Average $849,214
Median $865,000

If you have any specific questions concerning the Laurelhurst market you can reach me @ 206.235.7772 or kodales@windermere.com.

Here is a chart she sent us and we're still working on getting the very detailed chart compatible with the Blog application.


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