Thanks to Kim Dales for providing the neighborhood with the monthly real estate acticity.
Here is her report:
September Laurelhurst Real Estate Recap
The weather and sales both improved in the month of September. With incredible interest rates buyers seem to be
taking the plunge. Even if you are not planning to sale I would highly recommend speaking you your personal banker of
mortgage broker about re-financing. To give you an snapshot of the current interest rates a 15 year fixed is 3.75%!! It
seems highly unlikely that these unprecedented rates will last much longer. Opportunity knocks!
If you are contemplating selling your home make sure your Realtor uses a professional photographer for the photo
shoot. The Wall Street Journal just ran an article titled “ In Real Estate, A Picture Is Worth $1,000 or More.”
New Active Listings as of September 1st
Listing Price Range Quantity Average DOM
$550,000 thru $599,999 1 13
$650,000 thru $699,999 1 13
TOTAL 2 8
Summary Price Information
Minimum $554,950
Average $606,975
Maximum $659,000
Median $606,975
Pending Inspection
Listing Price Range Quantity Average DOM
$400,000 thru $449,999 1 16
$650,000 thru $699,999 1 11
$800,000 thru $849,999 1 15
$850,000 thru $899,999 1 9
TOTAL 4 13
Summary Price Information
Minimum $445,000
Average $718,625
Maximum $699,000
Median $765,000
Pending
Listing Price Range Quantity Average DOM
$650,000 thru $699,999 1 3
$850,000 thru $899,999 1 158
$2,000,000+ 1 213
TOTAL 3 125
Summary Price Information
Minimum $698,000
Average $2,364,333
Maximum $5,500,000
Median $895,000
Sold
Listing Price Range Quantity Average DOM
$800,000 thru $849,999 1 56
$850,000 thru $899,999 1 61
$2,000,000+ 1 213
TOTAL 3 41
Summary Price Information
Minimum $845,000
Average $1,057,667
Maximum $1,453,000
Median $875,000
If you have any specific questions concerning the Laurelhurst market you can reach me @ 206.235.7772 or kodales@windermere.com.
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