August Laurelhurst Real Estate Summary

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

New Listing

Typically August is a quiet time for real estate and there were less new listings over last year, giving a very low
inventory of homes. We saw an increase in pending sales & solds than in 2010 with the average DOM (Days On Market) slightly more than last year.  Let’s see what the Fall brings…


ACTIVE LISTINGS

Listing Price Range                      Quantity           Average DOM

$550,000 thru $599,999                    1                         38
$950,000 thru $999,999                    1                          24
$1,500,000 thru $1,749,999              1                          18
TOTAL                                                3                         27

Minimum  $599,500
Average  $1,044,833
Maximum  $1,550,000
Median  $985,000



PENDING

Listing Price Range                  Quantity          Average DOM

$250,000 thru $299,999                  1                        13
$650,000 thru $699,999                  1                        15
$700,000 thru $749,999                  1                       286
TOTAL                                             3                      105


Minimum  $293,600
Average    $552,867
Maximum   $700,000
Median     $665,000



SOLD

Listing Price Range              Quantity         Average DOM

$450,000 thru $499,999              1                      6
$900,000 thru $949,999              1                     44
$1,000,000 thru $1,249,999        1                     54
$1,500,000 thru $1,749,999        1                     23
TOTAL                                         4                     32


Minimum   $495,000
Average $1,065,003
Maximum  $1,650,000
Median  $1,057,507

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