Tuesday, March 17, 2020

February Laurelhurst Real Estate Summary



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


Historically February in Seattle and Laurelhurst have been fairly quiet. The most interesting statistic are the median sales prices over the last 3 years:

February 2018 $2,027,500
February 2019 $1,372,750
February 2020 $601.05 * this was a new construction townhome

March will hopefully bring more listings, especially with interest rates dropping recently. Low inventory is wonderful for sellers resulting many times in multiple offers, so if you are a seller contemplating putting your home on the market this would be a perfect time.



ACTIVE LISTINGS 

Address
List Price
Beds/
Baths
Year
Built
Sq.Ft
CDOM
Price
p/sq.ft
5005 44th Ave NE
$639,950
2/1.75
2020
1,135
42
$563.83
4123 NE 41st St
$1,250,000
4/1.75
1909
2,420
5
$516.53
4312 36th Ave NE
$1,999,900
5/5.5
2016
4,800
45
$416.65
4558 51st Ave NE
$2,195,000
6/3.25
1969
3,990
117
$550.13
5136 45th Ave NE
$2,500,000
5/5
2020
4,620
20
$541.13
4528 W Laurel Dr NE
$2,925,000
5/3.25
1931
3,610
42
$810.25
5020 NE 45th St
$3,995,000
5/5.5
1969
6,430
301
$621.31

PENDING IN  FEBRUARY

Address
List Price
Beds/
Baths
Sq.Ft.
CDOM
*4507 NE 54th St
$969,000
4/2
2,190
14
*4117 NE 41st St
$1,250,000
4/1.75
2,590
6
*4005 50th Ave NE
$2,350,000
4/3.25
3,450
1
    * listed and under contract in February

PENDING INSPECTION IN  FEBRUARY

Address
List Price
Beds/
Baths
Sq.Ft.
CDOM
*3620 42nd Ave NE
$2,095,000
5/3.25
4,140
2

SOLD IN FEBRUARY

Address
List Price
Sold Price
CDOM
Beds/
Baths
Sq.Ft
Price
 p/sq.ft
Date Sold
5033 44th Ave NE
$659,950
$659,950
7
2/1.75
1,098
$601.05
2/27
Averages

$659,950
7


$601.05


Median Sales Price = $601.05
CDOM = Cumulative Days on Market


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