January was a bit of a sleepy month, short days and a shortage of listings but, this is typical for our Seattle Market. My prediction is that we will see an up-click in new listings in our neighborhood in mid-February. Longer days always make showing properties much easier and convenient for potential buyers. There has also been some upward movement in mortgage rates which may motivate buyers.
New Active Listings as of January 1st
ACTIVE
Listing Price Range Quantity Average DOM*
$500,000 thru $549,999 1 24
$900,000 thru $949,999 1 24
$2,000,000+ 1 25
TOTAL 3 24
Minimum $529,000
Maximum $2,275,000
PENDING INSPECTION
Listing Price Range Quantity Average DOM
$850,000 thru $899,999 1 4
TOTAL 1 4
Minimum $875,000
Maximum $875,000
PENDING
Listing Price Range Quantity Average DOM
$500,000 thru $549,999 1 21
$1,000,000 thru $1,249,999 1 79
TOTAL 2 50
Minimum $550,000
Average $822,500
Median $822,500
Maximum $1,095,000
SOLD
Listing Price Range Quantity Average DOM
$650,000 thru $699,999 1 68
$750,000 thru $799,999 1 13
$1,750,000 THRU $1,999,999 1 125
TOTAL 3 69
Minimum $671,000
Average $1,153,250
Median $790,000
Maximum $1,998,750
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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