March 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.



March Madness happened in Laurelhurst month with a strong showing of 6 new listings, 6 pending listings, and 4 sold homes.



As has been the trend, we continue to have very low days on market if a home is perceived to be well priced by buyers, and of course the fact that our inventory citywide remains extremely low!



The median home price in March was $1,002,250 with only an average of 8 days on the market.







NEW LISTINGS
Price                                   Quantity                   DOM* 
$850,000 - $899,999            1                              7
$900,000 - $949,999            1                             2
1,000,000 – 1,249,999         1                            14
$2,000,000                           3
Total                                     6



Median Price = $2,575,000









PENDING
Price                                   Quantity                   DOM 
$850,000 - $899,999                    1                              7
$900,000 - $949,999                    1                              2 
$1,000,000 - $1,249,999             2                             80
$1,250,000 - $1,499,999            1                               5
$2,000,000 +                             1                               6
Total                                         6



Median Price: $1,187,500
Average DOM = 30









SOLD
Price                                   Quantity                   DOM 
$750,000 - $799,999               1                            7
$900,000 - $949,999               1                             6
$1,000,000 - $1,249,999         1                            7
$1,500,000 - $1,749,999         1                           10
Total                                        4        
            

Median price = $1,002,250
Average DOM = 8





* = Days on Market