Kim Dales has provided this neighborhood real estate activity report for the month of January:
4123 43rd Avenue NE (sold last month)
February was very consistent with the February 2017 market in Laurelhurst, though home sales in King County were down.
In Laurelhurst last month, there were 6 new listing, 4 of which went pending and 2 sold, one in only 2 weeks. In general the offers are either cash or the buyers are waiving their financing contingencies to make their offers more attractive.
King County home sales decreased 16.53% from February 2017. Inventory was down 18%. This of course results in many multiple offers which pushes the closing price up considerably.
Two other notable statistics in our current market are 52% of homes in King County sold for over their list price and the current median home value in Seattle is $727,400. This number is much higher in Laurelhurst but these numbers are driving buyers north, south, and east of the city to attempt to find affordable housing.
ACTIVE LISTINGS AS OF March 1st
Address
|
List Price
|
Beds/
Baths
|
Year
Built
|
Sq.Ft
|
CDOM
|
Price
p/sq.ft
|
*5015 Harold Pl NE
|
$1,195,000
|
4/2.5
|
1946
|
2,660
|
7
|
$449.25
|
3712 41st Ave NE
|
$1,250,000
|
5/3.25
|
1940
|
2.360
|
6
|
$529.66
|
*3357 46th Ave NE
|
$1,975,000
|
5/4
|
1929
|
3,745
|
13
|
$527.37
|
5155 NE Latimer Pl
|
$2,150,000
|
5/3.25
|
1925
|
3,800
|
7
|
$565.79
|
4511 NE 38th St
|
$2,195,000
|
4/3
|
1938
|
4,044
|
97
|
$542.78
|
4312 36th Ave NE
|
$2,279,000
|
5/5.5
|
2016
|
4,800
|
174
|
$474.79
|
3817 49th Ave NE
|
$2,438,000
|
4/3.75
|
1970
|
3,467
|
91
|
$703.20
|
3627 42nd Ave NE
|
$10,000,000
|
6/4.5
|
1921
|
6,860
|
515
|
$1,457.73
|
3054 E Laurelhurst Dr NE
|
$11,800,000
|
5/4.75
|
1928
|
7,683
|
538
|
$1,535.86
|
PENDING IN FEBRUARY
Address
|
List Price
|
Beds/
Baths
|
Sq.Ft.
|
CDOM
|
*5015 Harold Pl NE
|
$1,195,000
|
4/2.5
|
2,660
|
7
|
3609 NE 43rd St
|
$1,480,000
|
3/2.25
|
2,660
|
6
|
*3357 46th Ave NE
|
$1,975,000
|
5/4
|
3,745
|
13
|
**4123 43rd Ave NE
|
$1,595,000
|
5/3
|
3,060
|
7
|
3141 E Laurelhurst Dr NE
|
$2,160,000
|
3/2.25
|
3,840
|
149
|
4549 55th Ave NE
|
$2,695,000
|
4/4
|
4,320
|
205
|
*Listed and under contract in February
**Pending and sold in February
SOLD IN FEBRUARY
Address
|
List Price
|
Sale Price
|
CDOM
|
Beds/
Baths
|
Sq.Ft
|
Price
p/sq.ft
|
Date Sold
|
4123 43rd Ave NE
|
$1,595,000
|
$1,805,000
|
7
|
5/3
|
3,060
|
$589.87
|
2/27
|
3718 48th Ave NE
|
$1,950,000
|
$2,250,000
|
9
|
5/3.25
|
3,874
|
$580.80
|
2/16
|
Averages
|
8
|
3,467
|
$585.33
|
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