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