Friday, September 9, 2016

August Laurelhurst Real Estate Summary

Kim Dales has provided this neighborhood real estate activity monthly report:



sold for over $300k listing price



In August,  only 5 homes closed in August. Fairly typically for this time of year, but as you can see from sales listed below, the market in Laurelhurst remains very aggressive with every listing selling significantly over its asking price.

Interesting sales in August: 

4545 48th Avenue NE - Perhaps the most noteworthy home to have sold in Laurelhurst.  Listed at $725,000, the modest, yet immaculate home located on a 7,500 square foot lot had 15 offers and ended up closing $300,000 over the listing price



4820 NE 44th Street - located behind St. Stephens church, this home, also experienced a similar price run up of approximately $275,000 over the original list price.

3818 46th Avenue NE - view home looking out toward Husky Stadium, and although it had the longest days on market (19) and one price reduction, it ended up selling $50,000 over its last listing price.

3518 NE 42nd Street - built in 2011, located near the Urban Horticultural Center with views of the lake also sold with multiple offers for $55,000 over the asking price.

 
5134 NE Latimer Street - this home and 3518 NE 42nd (listed above) were the largest properties to sell. Extensively remodeled and on a very coveted Laurelhurst street, the home also had multiple offers and sold $57,000 over list price in just 8 days.

 
ACTIVE


List Price
Address
Sq.Ft
Price p/sq.ft
*$1,599,950
4543 52nd Ave NE
4,210
$380.04
$1,600,000
4746 45th Ave NE
3,690
$433.60
*$2,200,000
4547 West Laurel Dr NE
5,100
$431.37
$10,008,000
3627 42nd Ave NE
6,860
$1,458.89
*Price reduction



PENDING INSPECTION


List Price
Address
Sq.Ft.
Price p/sq.ft.
DOM
*$850,000
5011 45th Ave NE
2,880
$295.14
2



PENDING


List Price
Address
Sq.Ft.
Price p/sq.ft
DOM
*$875,000
4020 41st Ave NE
2,560
$341.80
7
*$1,100,000
5151 NE 55th St
760
$370.37
11
$2,649,500
5142 NE 41st St
3,745
$707.48
26
$2,745,000
5126 NE 42nd St
4,419
$621.18
60
* Listed and sold in August


SOLD


List Price
Sold Price
Address
Sq.Ft.
Price p/sq.ft
DOM
$725,000
$1,025,500
4545 48th Ave NE
1,150
$891.74
8
$850,000
$1,125,000
4820 NE 44th St
2,100
$535.71
9
$1,250,000
$1,300,000
3818 46th Ave NE
2,490
$522.09
19
$1,795,000
$1,850,000
3518 NE 42nd St
4,330
$427.25
8
$2,050,000
$2,107,000
5134 NE Latimer St
4,430
$475.62
8


 

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