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
PENDING IN FEBRUARY
* listed and under contract in February
PENDING INSPECTION IN FEBRUARY
SOLD IN FEBRUARY
Median Sales Price = $601.05
CDOM = Cumulative Days on Market
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