June Laurelhurst Real Estate Update

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

There were only 2 active listings this June, and only 4 sales.

In addition, the comparisons to this June and June 2020 are significant. In June of 2020 we had 12 sales. However, the median sales price in June 2021 was $2,312,500 compared to June 2020's median sales price of $1,640,000 a 41% increase.  Also, last June the average days on market was 52 vs only 4 average days on market this year.

Interest rates continue to remain low. So it is still a very strong seller's market. If you are thinking of selling, there really is no time like the present.

ACTIVE LISTINGS AS OF 7/8/21

Address	List Price	Beds/ Baths	Year Built	Sq.Ft	CDOM	Price p/sq.ft
4011 50th Ave NE	$1,750,000	4/2.25	1929	2,610	14	$670.50
4334 NE 43rd St	$1,975,000	5/4	1930	3,450	34	$572.46

   

PENDING IN JUNE

Address	List Price	Beds/ Baths	Sq.Ft.	CDOM
*4701 45th Ave NE	$1,350,000	3/1.5	3,876	6
*5415 NE 54th St	$1,500,000	7/3	2,650	9
*4154 42nd Ave NE	$1,500,000	4/2.25	2,860	14
*4826 NE 41st St	$1,800,000	4/2.25	3,100	15
*5161 NE 41st St	$2,649,950	4/4.25	3,860	8
4404 52nd Ave NE	$3,990,000	6/3.25	5,505	28

* Listed and under contract in June

SOLD IN JUNE

Address	List Price	Sold Price	CDOM	Beds/ Baths	Sq.Ft	Price  p/sq.ft	Date Sold
5009 44th Ave NE	$729,950	$730,000	1	2/1.75	1,098	$664.85	6/14
4502 47th Ave NE	$1,675,000	$1,675,000	6	5/3.75	2,790	$600.36	6/21
3522 46th Ave NE	$2,725,000	$2,950,000	3	3/3	3,090	$954.69	6/24
3926 47th Ave NE	$3,300,000	$3,275,000	6	4/3	2,984	$1,097,52	6/25
Averages		$2,157,500	4			$829.35

Median Sales Price = $2,312,500

CDOM = Cumulative Days on Market