Monday, May 16, 2011

April Laurelhurst Real Estate Summary

Thanks to Kim Dales for providing us with this neighborhood real estate activity monthly report:



April was a healthy month for closed sales in Laurelhurst with 12 single family homes and average days on
market only 38 days, compared to last April when we had 9 sales with 36 days on market. The median sales
price dropped approx. 3.9% over this time last year.

An exceptional waterfront home came on the market at $4,950,000, over 6100sf of livings space and 65ft of
waterfront, see the picture above.

Let’s hope for some warmth and sunshine for May!



New Active Listings as of April 1st thru April 30th

ACTIVE

Listing Price Range                   Quantity           Average DOM*

$550,000 thru $599,999                 1                         28
$6000,000 thru $649,999               1                         38
$1,000,000 thru $1,249,999           1                         27
$1,750,000 thru $1,199,999           1                         35
$2,000,000                                      1                          14
TOTAL                                          5                          28               

Minmum $559,000
Average  $1,851,700
Maximum $4,950,000
Median  $1,150,000

PENDING

Listing Price Range             Quantity       Average DOM

$700,000 thru $749,999           1                     2
$750,000 thru $799,999           1                     29
$1,000,000 thru $1,249,999     1                     30
TOTAL                                     3                    20


Minimum  $749,950
Maximum  $1,050,000
Average    $859,650
Median     $779,000



SOLD

Listing Price Range           Quantity            Average DOM

$500,000 thru $549,999            1                       37
$600,000 thru $649,999            1                       60
$700,000 thru $749,999            1                       52
$750,000 thru $799,999            1                        4
$800,000 thru $849,999            2                        66
$850,000 thru $899,999           1                        4
$950,000 thru $999,999           2                        72
$1,000,000 thru $1,249,999      1                         8
$1,250,000 thru $1,499,999      1                         4
TOTAL                                     12                       38


Minimum $510,000
Maximum $1,340,000
Average  $846,167
Median    $832,500


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

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