September Laurelhurst Real Estate Summary

Kim Dales has provided this neighborhood real estate activity report and market trends for the month of September:

In September there were only 5 new listings. There has been a bit of a slow down especially in the upper price range.

Some highlights of active homes:

• 4323 NE 45th St is being sold by Seattle Children’s
• 4118 42nd Ave NE has lovely views and includes an extra lot next door with a rare 5 bedrooms upstairs
• 3408 at East Laurelhurst Drive  is a beautiful craftsman with commanding lake views and had a recent price reduction to $2,950,000 from $3,200,000 
• 5020 NE 45th St is the largest property listed last month and is on over an acre of property

Note in the pending section below, that that the homes that have been priced competitively are under contract in less that 8 days.  

Closed sales also reflect days on the market with four of the eight going under contract in eight days or less.

Also as fall is here and winter is approaching here are some easy weatherproofing tips from Ashley, a Laurelhurst resident:     

• Clean gutters and downspouts in mid-fall and double-check them before winter.
  Replace the filter in your furnace.
• Close any vents in your home that may have opened for the warm weather.
• Disconnect hoses and turn off the water.
• Buy a snow shovel and other winter supplies before the messy weather hits.
• Keep extra water and canned food in storage, just in case.
  Check the attic, walls and basement for adequate insulation.

• Feel around electrical outlets and switch-plates for cold air; add insulation where necessary.
• Look around doors and windows for gaps and potential places where warm air can escape.
• Caulk or apply weatherstripping around problem drafts areas.
• Have a contractor look for damaged roof shingles and loose gutters.
• Have a heating/cooling expert look at your furnace if you are unsure of its efficiency.
• Have chimneys and wood stoves cleaned early in the season.
• Test the flue for each fireplace for a tight seal when closed.

ACTIVE LISTINGS AS OF SEPTEMBER 30TH

Address	List Price	Beds/ Baths	Year Built	Sq.Ft	Price p/sq.ft
**4323 NE 45th St	$1,150,000	4/2.5	1929	2,286	$503.06
**4118 42nd Ave NE	$1,395,000	5/3.75	1929	3,770	$370.03
3600 W Laurelhurst Dr NE*	$2,195,000	4/3.25	1987	3,780	$580.69
**4312 36th Ave NE	$2,399,000	5/5.5	2016	4,800	$499.79
5155 NE Latimer Place *	$2,595,000	5/3.25	1925	3,800	$682.89
4549 55th Ave NE*	$2,795,000	4/4	2014	4,320	$646.99
**3408 E Laurelhurst Dr NE	$2,950,000	4/4.25	1911	4,410	$668.93
**5020 NE 45th St	$5,250,000	5/5.5	1969	8,710	$602.76
3627 42nd Ave NE	$10,008,000	6/4.25	1921	6,860	$1,458.89
3054 E Laurelhurst Dr NE	$11,800,000	5/4.75	1928	7,683	$1,535.86

* Price reduction

** New listing in September

PENDING IN SEPTEMBER

Address	List Price	Beds/ Baths	Sq.Ft.	CDOM
*5223 Ivanhoe Pl NE	$799,000	2/1.75	1,380	6
*5007 Ivanhoe Pl NE	$875,000	4/1.75	1,400	7
*5150 46th Ave NE	$895,000	4/1.75	2,024	8
*5133 46th Ave NE	$995,000	5/2.75	2,190	7
*5031 44th Ave NE	$1,050,000	3/3.25	2,011	1
*5025 44th Ave NE	$1,275,000	3/3.25	2,492	5

*= listed and under contract in August

CDOM = Cumulative Days on Market

CONTINGENT

Address	List Price	Beds/ Baths	Sq.Ft.	CDOM
4702 46th Ave NE	$895,000	2/1.75	2,230	13
3922 N E Belvoir Pl	$1,695,000	4/3.5	4,370	163

SOLD IN SEPTEMBER

Address	List Price	Sale Price	CDOM	Beds/ Baths	Sq.Ft.	Price p/sq.ft	Date Sold
5015 Ivanhoe PL NE	$999,950	$1,050,000	3	4/2.25	1,910	$549.74	9/15
5027 44th Ave NE	$1,125,000	$1,125,000	1	3/3.25	2,204	$510.44	9/22
4318 NE 42nd St	$1,149,950	$1,136,500	13	3/1.5	2,500	$454.60	9/8
3612 47th Ave NE	$1,135,000	$1,135,000	29	4/2.25	2,350	$593.62	9/29
4834 NE 43rd St	$1,525,000	$1,525,000	5	4/2.5	2,700	$564.81	9/1
3816 49th Ave NE	$2,150,000	$2,050,000	26	5/3.25	4,569	$448.68	9/1
4553 52nd Ave NE	$2,275,000	$2,406,000	8	4/2.75	4,060	$592.61	9/15
Averages			12		2,899	$530.64

Median Sold Price = $1,395,000