August Laurelhurst Real Estate Recap

Thanks to Kim Dales for providing this report:


August is a historically quiet time for real estate and this one was no exception, as said in the Times this month
this summer was a tough one, not only the weather in the PNW, but sales were down 27% from last year, here and
nationally. In Laurelhurst there were 6 new listings, 2 pending and only 1 closed sale.


New Active Listings as of August 1st

Listing Price Range                  Quantity        Average DOM (days on market)

$550,000 thru $599,999                 1                         9              

$600,000 thru $649,999                 1                         20

$700,000 thru $749,999                 1                         28

$750,000 thru $799,999                 1                         26

$1,000,000 thru $1,249,999           1                         23
                      
$2,000,000+                                   1                          17

TOTAL                                         6                           21


Summary Price Information

Minimum    $599,000
Average    $1,142,983
Maximum  $2,995,000 
Median     $759,475


Pending

Listing Price Range                  Quantity          Average DOM

$700,000 thru $749,999                1                          44

$800,000 thru $849,999                1                          14

TOTAL                                         2                          50



Sold

Listing Price Range                      Quantity             Average DOM

$900,000 thru $949,999                    1                          45



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