February Laurelhurst Real Estate Summary

Thanks to Kim Dales for providing us with this neighborhood real estate activity monthly report.  Kim can be reached at 206.235.777 or kodales@Windermere.com.



As you can see from the February activity it was a very, very quiet month in Laurelhurst. Only 2 new listings and one sold in 6 days! The market is so seller - centric right now. Either everyone is waiting until spring to list, or no one is moving!

I have been getting calls from desperate buyers who are actually writing down addresses of homes that are doing yard work or visible repairs, and asking if I think the home will be coming on the market soon!

If you are contemplating selling you home, here is some great information to help you with
the process: 30 Tips for increasing your homes value



NEW LISTINGS
Price                                   Quantity                   DOM 
$900,000 - $949,999             1                              6
$2,000,000                             1
Total 2

Median Price = $2,105,000



PENDING
Price                                   Quantity                   DOM 
$900,000 - $949,999              1                            6
$950,000 - $999,999              1                            7
$1,500,000 - $1,749,999        1                           10
Total                                       3                            8

Median Price: $965,000
Average DOM = 8



SOLD
Price                                   Quantity                   DOM 
$900,000 - $949,999                 1                                    7
$1,250,000 - $1,499,999           1                                   4
Total                                          2                                  6

Median price = $1,085,500
Average DOM = 6