Wednesday, October 31, 2012

September Laurelhurst Real Estate Summary


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




September  Laurelhust Real Estate Report
This September saw the same number of new listings as last year, with the average price point increase of $55,000, which is very encouraging. Number of Sold sales are on a par with last year. Pending activity is much stronger than last year with 7 homes Pending this month over only 2 last year.

This year continues to be extremely strong in our neighborhood with higher price-points and shorter days on market. Listings always seem to decrease as fall arrives, but if you are contemplating selling your home inventory in Laurelhurst and all neighborhoods in general is down making this a strong sellers market.

Enjoy the colors of fall.

NEW LISTINGS

Price Range                           Quantity
$500,000 0 $549,999              1
$1,000,000 - $1,249,999        2
$1,750,000 - $1,999,999        1
TOTAL                                     4

Average Price: $1,156,250


PENDING

Price Range                        Quantity          DOM
$750,000 - $799,999             1                      8
$950,000 - $999,999             1                      83
$1,000,000 - $1,249,999       1                      87
$1,250,000 - $1,499,999       2                      47
$1,750,000 - $1,999,999       1                       6
$2,000,000+                          1                      51
Total                                       2                      47
             
Average Price: $1,535,571


SOLD

Price Range                      Quantity            DOM
$600,000 - $649,999              1                     6
$700,000 - $749,999              2                     9
$850,000 - $899,999              1                    7
$950,000 - $999,999              1                   26
Total                                         5                  12

Average Price: $705,976


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


DOM=Days On Market







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