April Laurelhurst Real Estate Update

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

April was extremely quiet in Laurelhurst with only 2 active listings and both received offers in fewer than 6 days. There continues to be a trend of multiple offers and a number of offers from current Laurelhurst residents who appear to be "move up" buyers.

Although April had very few new listings, 11 homes closed with a median price of $1,595,000. Most sold in less than 7 days with 3 two outliers at 158 and 178 days. Each of these homes was listed too high and then slowly reduced their prices until sold.

ACTIVE LISTINGS AS OF 5/11/21

Address	List Price	Beds/ Baths	Year Built	Sq.Ft	CDOM	Price p/sq.ft
3912 48th Ave NE	$1,875,000	4/3.25	1940	2,750	6	$681.82
3151 E Laurelhurst Dr NE	$2,895,000	4/3.75	1948	4,700	5	$615.96
3926 47th Ave NE	$3,300,000	4/3	1926	2,984	4	$1,105.90

PENDING INSPECTION IN APRIL

Address	List Price	Beds/ Baths	Sq.Ft.	CDOM
5012 NE Laurelcrest Lane	$4,595,000	5/3.25	6,980	44

   

SOLD IN APRIL

Address	List Price	Sold Price	CDOM	Beds/ Baths	Sq.Ft	Price  p/sq.ft	Date Sold
4326 NE 44th St	$899,950	$1,005,000	6	3/1	2,790	$360.22	4/8
4188 42nd Ave NE	$1,200,000	$1,125,000	38	3/1.75	1,910	$598.01	4/13
4837 NE 41st St	$1,295,000	$1,307,100	6	4/2	1,810	$722.15	4/15
5004 Nicklas Pl NE	$1,500,000	$1,350,000	7	4/2.5	3,720	$362.90	4/22
4317 37th Ave NE	$1,150,000	$1,400,000	2	4/2	2,090	$669.86	4/8
4552 51st Ave NE	$1,595,000	$1,595,000	158	6/2.5	3,090	$516.18	4/8
4310 43rd Ave NE	$1,875,000	$1,905,000	6	5/3.75	2,981	$639.05	4/8
3879 43rd Ave NE	$2,295,000	$2,250,000	94	5/4	3,240	$694.44	4/29
3732 47th Pl NE	$2,665,000	$2,500,000	175	5/4.5	4,150	$602.41	4/8
4528 W Laurel Dr NE	$2,995,000	$3,275,000	3	5/3.25	3,610	$907.20	4/15
3802 48th Ave NE	$3,893,000	$4,150,000	5	4/3.25	4,400	$943.18	4/21
Averages		$1,987.464	45			$636.96

Median Sales Price = $1,595,000

CDOM = Cumulative Days on Market