November Laurelhurst Real Estate Monthly Report

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

3914 47th Avenue NE (recently sold)

November was very quiet with only three new listings. However, compared to November of last year, this was a 300% increase.

The most interesting listing was 3914 47th Ave NE (pictured above).  Not only did it go significantly over the asking price, the time from offer, acceptance to closing was only six days.

Here is an interesting article featured in Fortune magazine to share as we approach the New Year, Real Estate Trends 2017. Food for thought with inventory remaining low but interest rates on the rise. 

November activity:

ACTIVE

List Price	Address	Sq.Ft	Price per/sq.ft
*$799,000	4741 47th Ave NE	1,800	$443.89
$1,449,000	3914 47th Ave NE	3,500	$414.00
*$2,150,000	4560 52nd Ave NE	4,208	$510.93

PENDING

List Price	Address	Sq.Ft.	Price per/sq.ft	DOM
*$799,000	4741 47th Ave NE	1,800	$443.89	10
*$2,150,000	4560 52nd Ave NE	4,208	$510.93	5
$3,250,000	3802 48th Ave NE	4,550	$714.29	78

* Listed in November

SOLD

List Price	Sold Price	Address	Sq.Ft.	Price per/sq.ft	DOM
$895,000	$870,000	5020 47th Ave NE	2,080	$418.27	12
$1,275,000	$1,050,000	4502 NE 38th St	2,330	$450.64	45
*$1,449,000	$1,660,000	3914 47th Ave NE	3,500	$474.29	7