Friday, June 27, 2014

May Laurelhurst Real Estate Update

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





We had a bit of a slow start last month to the spring housing market with only 7 new listings but, in our true fashion if a home is priced correctly it will sell!

As noted in our average days on market (DOM), it was just 7 days.  The average sold price continues to $1,528,636 for sold homes.

This month there is an up click in new listings with many buyers focused on moving to our neighborhood. And with the improved weather, it appears that sellers are now ready to place their homes on the market.


NEW LISTINGS
Price                                   Quantity                   DOM 


$600,000 - $649,999             1*          
$650,000 - $699,999             1*
$1,000,000 - $1,249,999       2*                             6
$1,500,000 - $1,749,999       2
$1,750,000 - $1,999,999       1*

Total 7
Average Price: $1,214,279



PENDING INSPECTION
Price                                   Quantity                   DOM 

$600,000 - $649,999             1                              7 *

Average Price: $600,000




SOLD
Price                                   Quantity                   DOM 
$650,000 - $699,999                 1                           6 *
$800,000 - $849,999                 1                           6
$1,000,000 - $1,249,999           1                            6 *
$1,750,000 - $1,999,99             1                           9 *

Total 47
Average Price: $1,089,988


• These homes were all listed in May and all went under contract in May


Kim Dales can be reached at 206.235.777 or kodales@Windermere.com.

No comments: