Thursday, August 8, 2019

July Laurelhurst Real Estate Summary


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


3800 44th Avenue NE



July has been an interesting month in Laurelhurst, with more listings (19) than last year (15). The average days on market from year to year have almost doubled: 16 cumulative days on the market (CDOM) last July, compared to 30 CDOM in 2019.

Also, the median sales price has gone down $206,261.00. The median closing price in July 2018 was $1,726,261 versus $1,520,000 this July. It is hard to know what is driving this 12% decrease.

Of the 11 homes sold in July, only 3 exceeded their listing prices. It feels like buyers are being more selective and taking their time. We are also seeing offers below listing prices more frequently as buyers have more choices.

With that said, if you are thinking about selling your home, meet with a Realtor and discuss the market analysis, along with a list of items that will help prepare your home for the market.


 ACTIVE LISTINGS 


Address
List Price
Beds/
Baths
Year
Built
Sq.Ft
Price
p/sq.ft
4606 NE 47th St
$799,950
3/1.75
1942
1,500
$533.30
4278 NE 50th St
$999,950
4/2.5
2019
2,045
$488.97
4838 NE 41st St
$1,050,000
4/2.75
1942
2,340
$448.72
4310 43rd Ave NE
$1,275,000
4/2.75
1926
2,981
$427.71
4545 49th Ave NE
$1,365,000
4/3.5
1950
2,520
$541.67
5051 50th Ave NE, #10
$1,450,000
3/2.5
1986
2,706
$535.85
4559 NE 41st St
$1,750,000
4/3.75
1988
3,160
$553.80
3920 NE 38th St
$1,795,000
4/3.25
1940
3,450
$520.29
3800 44th Ave NE
$1,875,000
4/3.25
1941
3,880
$483.25
3732 47th Pl NE
$1,895,000
4/3
1930
3,950
$479.75
4503 48th Ave NE
$2,150,000
5/3.5
2015
4,133
$520.20
3613 NE 42nd St
$2,349,950
5/4.5
2019
4,402
$533.84
3828 49th Ave NE
$2,350,000
5/4
1928
4,010
$586.03
4114 42nd Ave NE
$2,465,000
5/4
2019
3,838
$642.26
3011 E Laurelhurst Dr NE
$2,636.250
4/3.5
1908
5,380
$490.01
4804 NE 40th St
$2,990,000
5/4
2019
4,700
$636.17
3151 W Laurelhurst Dr NE
$3,250,000
4/3
1940
3,090
$1,051.78
5020 NE 45th St
$4,450,000
5/5.5
1969
6,430
$692.07
4208 55th Ave NE
$4,650,000
4/2.5
1957
3,230
$1,439.63



PENDING INSPECTION IN JULY


Address
List Price
Beds/
Baths
Sq.Ft.
CDOM
5029 46th Ave NE
$1,025,000
3/1.75
1,670
26
4840 NE 40th St
$1,360,000
5/2
3,600
49


PENDING IN JULY


Address
List Price
Beds/
Baths
Sq.Ft.
CDOM
3826 46th Ave NE
$1,225,000
4/2
3,400
81
5058 Nicklas Pl NE
$1,395,000
4/2
3,480
49
4541 46th Ave NE
$2,215,000
5/3.5
4,070
49



SOLD IN JULY


Address
List Price
Sale Price
CDOM
Beds/
Baths
Sq.Ft
Price
 p/sq.ft
Date Sold
4319 NE 45th St
$1,095,000
$1,125,000
6
4/2
2,200
$511.36
7/8
5036 47th Ave NE
$1,200,000
$1,200,000
8
4/1.75
2,840
$422.54
7/3
3409 W Laurelhurst Dr NE
$1,350,000
$1,350,000
58
3/2.25
3,000
$450.00
7/23
4553 NE 41st St
$1,475,000
$1,470,000
3
3/3.25
2,760
$532.61
7/12
4316 NE 44th St
$1,495,000
$1,500,000
4
5/2.5
3,060
$490.20
6/12
3855 44th Ave NE
$1,525,000
$1,520,000
52
3/3
2,550
$596.08
7/19
3536 45th Ave NE
$1,585,000
$1,600,000
0
5/2.5
2,570
$622.57
7/15
4810 NE 40th St
$1,989,000
$1,875,000
57
4/3.25
2,930
$639.93
7/9
4707 49th Ave NE
$2,198,000
$2,172,500
100
5/4
3,382
$642.37
7/2
4518 52nd Ave NE
$2,425,000
$2,350,000
29
4/2.75
3,380
$695.27
7/15
4727 NE 36th St
$3,100,000
$3,070,000
8
5/3.5
4,130
$743.34
7/9
Averages

$1,748,409
30


$576.93



Median Sales Price = $1,520,000
CDOM = Cumulative Days on Market

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