Thursday, February 7, 2019

January Laurelhurst Real Estate Summary


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


3151 W Laurelhurst Drive NE
western facing waterfront property with 40 feet of waterfront




January brought less active listings in Laurelhurst, which is a citywide trend. Here's a break down for our neighborhood:
  • January 2018   4 sold homes averaging 28 days on the market
  • January 2019   4 sold homes averaging 70 days on the market
  • January 2018  3 of 4 homes sold above the list price with 1 at list price
  • January 2019  4 homes sold but each sold for less than their list price
The above statistics indicate that things have slowed down, but median sales prices are par compared to last year. To potential sellers this means price conservatively and ensure your home is ready to be viewed by potential buyers. Take care of any deferred maintenance, declutter, paint if needed, and be patient.  The market has slowed down but your home will sell. We live in a very sought after neighborhood.



CURRENT ACTIVE LISTINGS

Address
List Price
Beds/
Baths
Year
Built
Sq.Ft
CDOM
Price
p/sq.ft
5107 48th Ave NE
$999,000
4/1
1943
2,110
25
$473.46
3711 NE 43rd St
$1,250,000
4/2.75
1930
2,320
57
$538.79
4325 NE 43rd St
$1,339,000
3/2.25
1928
2,368
7
$565.46
4525 49th Ave NE
$2,275,000
5/5.25
2018
4,158
51
$547.14
3151 W Laurelhurst Dr NE
$3,900,000
4/3
1940
3,090
17
$1,262.14


PENDING IN JANUARY

Address
List Price
Beds/
Baths
Sq.Ft.
CDOM
5143 46th Ave NE
$750,000
2/1
1,020
11
4556 47th Ave NE
$879,950
3/1
1,800
6
3906 50th Ave NE
$1,895,000
3/3.25
3,110
97


SOLD IN JANUARY

Address
List Price
Sale Price
CDOM
Beds/
Baths
Sq.Ft
Price
p/sq.ft
Date Sold
5038 48th Ave NE
$850,000
$760,000
21
2/1
1,350
$562.96
1/7
5133 NE 55th St
$1,485,000
$1,440,000
57
4/2.5
2,479
$580.88
1/25
4546 51st Ave NE
$1,595,000
$1,575,000
82
4/2.25
2,140
$736.21
1/25
4215 55th Ave NE
$2,165,000
$2,045,000
120
5/3.25
3,760
$543.88
1/8
Averages
$1,455.125
70

$605.99


Median Sales Price = $1,507,750
CDOM = Cumulative Days on Market

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