Wednesday, February 20, 2013

January Laurelhurst Real Estate Summary

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

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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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