December And Year End Laurelhurst Real Estate Summary

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

Laurelhurst waterfront home 

for sale

We had a busy 2019 in Laurelhurst with 71 sales, 9 of which were non Beach Club. In comparison, there were 62 homes sales in 2018 with 12 non Beach Club.

The median home sale in 2018 was $1,595,000 and the median home sale in 2019 was $1,500,500.

December had a decrease in median sales price over the previous December to $1,284,500 with a bump in average days on the market to 87. This increase was largely due to one property
that was on the market for 238 days.

What does this mean for 2020? Here is one prediction for this year.

 ACTIVE LISTINGS 

Address	List Price	Beds/ Baths	Year Built	Sq.Ft	Price p/sq.ft
5011 44th Ave NE, #B	$729,950	2/1.75	2019	1,300	$561.50
4558 51st Ave NE	$2,295,000	6/3.25	1969	3,990	$575.19
5020 NE 45th St	$3,995,000	5/5.5	1969	6,430	$621.31
4911 NE Laurelcrest Ln	$13,750,000	7/6.5	2008	9,590	$1,433.79

PENDING IN DECEMBER

Address	List Price	Beds/ Baths	Sq.Ft.	CDOM
5011 44th Ave NE, #A	$999,950	4/2.5	2,252	41
4811 NE 41st St	$1,795,000	4/3	3,600	62
4560 52nd Ave NE	$2,795,000	5/3.25	3,936	2

SOLD IN DECEMBER

Address	List Price	Sale Price	CDOM	Beds/ Baths	Sq.Ft	Price  p/sq.ft	Date Sold
3503 NE 44th St	$829,950	$805,000	27	2/1	1,030	$781.55	12/2
3822 42nd Ave NE	$1,249,000	$1,260,000	3	3/1.75	2,081	$605.48	12/13
4314 NE 41st St	$1,325,000	$1,309,000	78	5/2.25	2,890	$452.94	12/12
4804 NE 40th St	$2,990,000	$2,610,000	238	5/4	4,700	$555.32	12/31
Averages		$1,496,000	87			$598.82

Median Sales Price = $1,284,500

* Median Sales Price December 2018 = $1,816,000

CDOM = Cumulative Days on Market