Monday, August 15, 2011

July Laurelhurst Real Estate Summary

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

Summer finally arrived half way through July and with that a decrease in listed homes, typical for summer in
Seattle.

Many of you inquired about the short sale home on 47th Avenue NE, especially regarding the “foot high” grass!
I’m sure you will all be relieved that the home finally closed at a sales price of $445,000. Welcome new
neighbors.

As a follow up to those of you that have oil heat, if you haven't already, please make sure to get your tank
insured through PLIA the Washington State Pollution Liability Agency. A tank must be insured for at least a
year for you to qualify for their coverage if you discover an oil leak.

Have a great summer, and if you have any questions regarding homes in our neighborhood just shoot me an
email kodales@windermere.com or call 206-235-7772.


PENDING INSPECTION

Listing Price Range                    Quantity          Average DOM*

$500,000 thru $549,999                 1                             76
$600,000 thru $649,999                 1                             19
$1,250,000 thru $1,499,999           1                             54
TOTAL                                          3                             50


Minimum  $549,900
Maximum  $1,258,000
Average   $818,967
Median    $649,000


PENDING

Listing Price Range              Quantity     Average DOM

$450,000 thru $499,999             1                     6
$950,000 thru $999,999             1                   44
$1,500,000 thru $1,749,999       1                   23
TOTAL                                      3                    24


Minimum   $499,000
Average    $1,048,000
Maximum  $1,695,000
Median      $950,000



SOLD

Listing Price Range             Quantity         Average DOM

$400,000 thru $449,999           1                      16
$1,250,000 thru $1,499,999     1                      22
$2,000,000+                              1                       4
TOTAL                                    3                       14


Minimum  $445,000
Maximum  $2,850,000
Average   $1,545,667
Median    $1,342,000

*Average DOM = Average Days On Market

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