Last year ended with a continuation of stability in the real estate market with an optimistic feeling moving forward.
This Spring will have some price appreciation. Seller's, especially in Laurelhurst, will benefit from a decline in available homes and a huge buyer demand. Although interest rates have increased slightly this year, this is a result of increased consumer confident, also a plus for sellers.
Last month was typically slow with slightly less listings than last year.
Moving forward, I will include a link with specific information that is relevant to all home owners in Laurelhurst. The link I have attached this month discusses 5 reasons to "Sell Now: 5 Reasons To List Your House Today."
If you have any questions regarding sold or listed homes in our neighborhood feel free to call me at 206.235.7772 or email at kodales@windermere.com.
NEW LISTINGS
Price Range Quantity
$800,000 - $850,000 1
$1,000,000 - $1,250,000 1
Total 2
Average Price: $1,016.650
CONTINGENT
Price Range Quantity Average DOM*
$1,750,000 - $2,000,000 1 59
Average Price: $1,895,000
PENDING INSPECTION
Price Range Quantity Average DOM
$1,750,000 - $2,000,000 1 50
Average Price: $1,750,000
PENDING
Price Range Quantity Average DOM
$950,000 - $1,000,000 1 34
Average Price: $995,000
SOLD
Price Range Quantity Average DOM
$950,000 - $1,000,000 1 259
$1,250,000 - $1,500,000 1 142
Total 2 201
Average Price: $1,130,000
*DOM=Days on Market
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