Thanks to Kim Dales for providing this report:
November was beautiful in Laurelhurst, and very quiet in the real estate world. No surprise and quite typical for this time of year, with Thanksgiving and Christmas around the corner. Most home owners are primarily spending time with family and friends rather that keeping their home "show ready". There were no new listings in our neighborhood during the month of November, four sold properties and four pending.
I predict that December will follow suit with an increase in homes entering the market place mid-January. In the world of finance we have seen a slight increase in interest rates, but we continue to be in a buyer's market.
May you and your family have a wonderful holiday season and a prosperous New Year.
New Active Listings as of November 1st
No new listings
PENDING
Listing Price Range Quantity Average DOM (Days on Market)
$200,000 thru $249,999 1 53
$950,000 thru $999,999 1 9
$2,000,000+ 2 65
Total 4 48
SOLD
Listing Price Range Quantity Average DOM
$650,000 thru $699,999 1 3
$800,000 thru $849,999 2 87
$900,000 thru $949,999 1 12
Total 4 47
If you have any specific questions concerning the Laurelhurst market you can reach me at 206.235.7772 or kodales@windermere.com
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