December Laurelhurst Real Estate Summary

Kim Dales has provided this neighborhood real estate activity report for the month of December:

December was very quiet with only 3 new listings and only 1 sold property. December 2017 didn't have any new listings so this is a 300% increase from last year. The days on market have definitely increased. This trend actually started at the beginning of this summer.

Looking at the year in review, 62 homes were sold in 2018, which is 2 less than 2017. Fifty of these homes were within the Beach Club boundaries. The average sale price soared to $2,043,062 which in part can be attributed to an $11,000,000 waterfront property that sold this summer. The median housing price was up $125,000 from last year at $1,595,000.

With the volatility in the stock market the Seattle market remains strong. It will be interesting to see what happens in our first quarter of the housing market.

ACTIVE LISTINGS

Address	List Price	Beds/ Baths	Year Built	Sq.Ft	CDOM	Price p/sq.ft
5143 46th Ave NE	$750,000	2/1	1943	1,020	11	$735.29
3711 NE 43rd St	$1,300,000	4/2.75	1930	2,320	32	$560.34
4546 51st Ave NE	$1,595,000	4/2.25	1939	2,140	78	$745.33
4525 49th Ave NE	$2,275,000	5/5.25	2018	4,158	26	$547.14

PENDING INSPECTION IN DECEMBER

Address	List Price	Beds/ Baths	Sq.Ft.	CDOM
5133 NE 55th St	$1,485,000	4/2.5	2,479	57

PENDING IN DECEMBER

Address	List Price	Beds/ Baths	Sq.Ft.	CDOM
5038 48th Ave NE	$850,000	2/1	1,350	21
4215 55th Ave NE	$2,165,000	5/3.25	3,760	120

SOLD IN DECEMBER

Address	List Price	Sale Price	CDOM	Beds/ Baths	Sq.Ft	Price p/sq.ft	Date Sold
4512 NE 40th St	$1,695,000	$1,816,000	4	4/2.25	3,440	$527.91	12/3
Averages		$1,816,000	4			$527.91

Median Sales Price = $1,816,000

CDOM = Cumulative Days on Market