Tuesday, May 12, 2020

April Neighborhood Real Estate Update




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


In our current world, it's no surprise that we had only 8 active listings this April compared to 15 in April of 2019. With that said our number of Pending and Sold properties mirrored April 2019. 

The largest difference was in our Median sales prices:
  • April 2020 $1,245,000  
  • April 2019 $1,525,000


Much of this difference can be contributed to the volume of homes on the market, and the current pandemic. With all these unknowns, buyers and sellers are anxious, yet we are seeing multiple offers in the greater Seattle area.  We are also experiencing very low mortgage rates which are drawing buyers into the marketplace.

If you are contemplating putting your home on the market now is the time to do those little projects and touch-ups so when you are ready your home will be too. And please rest assured that realtors are taking every precaution if you are looking at homes or selling your residence.




ACTIVE LISTINGS 

Address
List Price
Beds/
Baths
Year
Built
Sq.Ft
CDOM
Price
p/sq.ft
5005 44th Ave NE
$619,950
2/1.75
2020
1,135
104
$546.21
4732 48th Ave NE
$1,340,000
3/2.5
1944
2,140
43
$516.53
3883 44th Ave NE
$1,380,000
3/2.25
1928
2,420
4
$570.28
3516 NE 43rd St
$1,750,000
5/3.5
1948
4,490
22
$389.76
4750 44th Ave NE
$2,252,000
4/3.25
2007
4,439
6
$507.32
5136 45th Ave NE
$2,398,000
5/5
2020
4,620
52
$519.05
3112 E Laurelhurst Dr NE
$8,250,000
5/3.25
1913
6,100
11
$1,352.46
4911 NE Laurelcrest Lane
$13,250,000
6/6.5
2008
9,590
235
$1,381.65


PENDING IN  APRIL

Address
List Price
Beds/
Baths
Sq.Ft.
CDOM
*5007 44th Ave NE
$619,950
2/1.75
1,135
1
*4760 47th Ave NE
$1,250,000
3/1
2,410
10
4558 51st Ave NE
$1,950,000
6/3.25
3,990
165
    * listed and under contract in April

SOLD IN APRIL

Address
List Price
Sold Price
CDOM
Beds/
Baths
Sq.Ft
Price
 p/sq.ft
Date Sold
5009 44th Ave NE
$659,950
$659,950
16
2/1.75
1,098
$601.05
4/8
4117 NE 41st Ave
$1,250,000
$1,245,000
6
4/1.75
2,590
$480.69
4/1
4528 W Laurel Dr NE
$2,800,000
$2,775,000
56
5/3.25
3,610
$768.70
4/6
Averages

$1,559,983
26


$616.81


Median Sales Price = $1,245,000

CDOM = Cumulative Days on Market

No comments: