Thursday, December 16, 2021

October and November Neighborhood Real Estate Activity

Kim Dales has provided this neighborhood real estate activity for November:





Listings and Sales are drastically down from last year and even more before March of 2019.  

In Laurelhurst, there was only 1 active listing in November, and it was a waterfront home. 1 home went from active to pending and only 4 homes sold with a median price of $1,940,000.  This is down 9% from November of last year.

As we approach the end of the year interest rates remain stable and jumbo loan rates have increased again giving buyers more purchasing  power.



ACTIVE LISTINGS AS OF 12/3/21

Address

List Price

Beds/

Baths

Year

Built

Sq.Ft

CDOM

Price

p/sq.ft

4102 55th Ave NE

$8,750,000

5/4.75

1928

5,210

85

$1,679.46



PENDING INSPECTION

Address

List Price

Beds/

Baths

Sq.Ft.

CDOM

5014 44th Ave NE

$1,795,000

7/6

5,120

41



PENDING

Address

List Price

Beds/

Baths

Sq.Ft.

CDOM

4745 49th Ave NE

$1,295,000

4/1.75

2,080

6

*listed and under contract in November


SOLD IN NOVEMBER

Address

List Price

Sold Price

CDOM

Beds/

Baths

Sq.Ft

Price

 p/sq.ft

Date Sold

4545 46th Ave NE

$1,350,000

$1,250,000

23

2/.75

1,280

$976.56

11/8

4834 NE 44th St

$1,099,000

$1,250,000

5

2/1

1,490

$906.04

11/22

4407 43rd Ave NE

$2,450,000

$2,530,000

8

5/3

3,674

$688.62

11/5

3908 NE 38th St

$2,795,000

$2,845,500

6

3/2.25

2,790

$1,019.89

11/1

Averages


$1,993,875

11



$987.78



Median Sales Price = $1,940,000

CDOM = Cumulative Days on Market




Kim Dales has provided this neighborhood real estate activity for October:

October 2020 had 10 active listings with this year only having 4, but by the end of the month we had 8 closings vs 10 in 2020. Lack of inventory has resulted in an increase in pricing in a coveted neighborhood like Laurelhurst, which has resulted in an increase in pricing. Home prices in Laurelhurst for the month of October went up 20% from last year.

ACTIVE LISTINGS AS OF 11/2/21

Address

List Price

Beds/

Baths

Year

Built

Sq.Ft

CDOM

Price

p/sq.ft

5014 44th Ave NE

$1,795,000

7/6

1963

5,120

55

$350.59

4102 55th Ave NE

$8,750,000

5/4.75

1928

5,210

54

$1,679.46



PENDING 

Address

List Price

Beds/

Baths

Sq.Ft.

CDOM

*4834 NE 44th St

$1,099,000

2/1

1,490

5

4545 46th Ave NE

$1,295,000

2/.75

1,280

23

*4407 43rd Ave NE

$2,450,000

5/3

3,674

8

* Listed and under contract in October



SOLD IN OCTOBER

Address

List Price

Sold Price

CDOM

Beds/

Baths

Sq.Ft

Price

 p/sq.ft

Date Sold

4757 48th Ave NE

$995,000

$1,215,000

6

3/2.5

1,850

$656.76

10/08

4324 NE 44th St

$1,350,000

$1,295,000

6

5/1.75

2,300

$563.04

10/21

4826 NE 42nd St

$1,395,000

$1,295,000

39

3/1.75

1,860

$696.24

10/21

3952 NE Belvoir Pl

$1,725,000

$1,820,000

8

3/2.75

3,230

$563.47

10/19

3511 NE 43rd St

$2,100,000

$2,150,000

6

4/2.5

2,830

$759.72

10/27

4839 NE 43rd St

$1,975,000

$2,400,000

1

5/3.25

3,080

$779.22

10/14

4508 NE 38th St

$2,480,000

$2,485,000

32

4/4

4,000

$621.25

10/21

4805 NE 40th St

$2,375,000

$2,531,000

6

4/3.25

3,170

$798.42

10/15

3129 W Laurelhurst Dr NE

$7,750,000

$7,875,000

7

5/5.25

4,980

$1,581.33

10/15

Averages


$2,562,444

12



$779.94











Median Sales Price = $2,150,000

CDOM = Cumulative Days on Market





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