March Laurelhurst Real Estate Report

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

3904 NE Belvoir Place



March ended with an increase in supply of homes on the market over two previous months.
The market remains brisk with continued overall lack of inventory contributing to multiple offers.

Nationally the fastest-moving markets were, Seattle (with about half of all homes pending sale within 12 days of being listed); Oakland (where homes typically spent 15 days on market); Denver (18 days on market); San Jose (21 days); and San Francisco (28 days).

In our neighborhood some homes of interest that were listed in March include the following:

5308 NE 43rd Street:  a brick cottage reminiscent of the English countryside

4556 52nd Avenue NE: eastern views of Lake Washington and the Cascades, home to the screenwriter of the Oscar nominated movie Hacksaw Ridge

3904 NE Belvior Place: contemporary home with landscaped grounds. Originally designed in 1954 by NW Modernism Architect, Bert A. Tucker.

ACTIVE

List Price	Address	Sq.Ft	Price per/sq.ft
**$750,000	4707 49th Ave NE	1,300	$589.46
$1,100,000	5308 NE 43rd St	2,270	$484.58
*$1,550,000	5010 48th Ave NE	2,920	$530.82
$1,595,000	4556 52nd Ave NE	3,370	$473.29
$1,850,000	5156 NE 54th St	3,610	$512.47
$1,895,000	3904 NE Belvoir Place	3,533	$536.37

* under contract in March

** Active, pending, closed sale in March

PENDING

List Price	Address	Sq.Ft.	Price per/sq.ft	DOM
$699,000	4605 NE 54th St	2,260	$309.29	7
$1,250,000	4008 NE 40th St	2,570	$486.38	7
$1,385,000	4241 51st Ave NE	3,370	$410.98	7
*$1,550,000	5010 48th Ave NE	2,920	$530.82	6
$2,180,000	3801 49th Ave NE	4,990	$436.87	135

 

 

 

SOLD

 

List Price	Sold Price	Address	Sq.Ft.	Price p/sq.ft	DOM
$639,000	$747,500	5136 45th Ave NE	1,020	$732.84	13
**$750,000	$766.300	4707 49th Ave NE	1,300	$589.46	6
$1,615,000	$1,600,000	4314 NE 42nd St	3,310	$483.38	7
$1,775,000	$1,725,000	5142 46th Ave NE	3,669	$470.16	56

 

(photo courtesy of Renee Menti Ruhl)