Friday, November 3, 2017

October Laurelhurst Real Estate Summary




Kim Dales has provided this neighborhood real estate activity report and market trends for the month of September:

5223 Ivanhoe Place NE
(sold last month)




October saw 8 active listings in the neighborhood and for the first time they all exceeded $2,200,000.00. For those of us that have lived in the neighborhood for quite some time this is an amazing statistic.

If you look at the sold homes in October there were only 4, with the highest priced home closing at $1,375,000 which was located behind St. Stevens Church and was originally listed for $1,175,000.    

What does this mean?  Only time will tell, but of the active listings not including the 2 waterfront homes the remaining 6 homes have been on the market from 30-202 days respectively  making their combined days on market an average of 80 days, This is  a stark contrast to the average sold days on the market of 7.

Here is an interesting article about our ongoing housing shortage.



ACTIVE LISTINGS AS OF OCTOBER 31ST

Address
List Price
Beds/
Baths
Year
Built
Sq.Ft
Price
p/sq.ft
*3141 E Laurelhurst Dr NE
$2,260,000
3
3.25
3,840
$588.54
4312 36th Ave NE
$2,279,000
5
5.50
4,800
$474.79
4511 NE 38th St
$2,295,000
4
3
4,044
$567.51
5155 NE Latimer Place
$2,595,000
5
3.25
3,800
$682.89
4549 55th Ave NE
$2,795,000
4
4
4,320
$646.99
3408 E Laurelhurst Dr NE
$2,950,000
4
4.25
4,410
$668.93
3627 42nd Ave NE
$10,008,000
6
4.25
6,860
$1,458.89
3054 E Laurelhurst Dr NE
$11,800,000
5
4.75
7,683
$1,535.86

* New listing in October



PENDING INSPECTION IN OCTOBER

Address
List Price
Beds/
Baths
Sq.Ft.
CDOM
3811 42nd Ave NE
$1,550,000
5/3.5
3,840
18

CDOM = Cumulative Days on Market



PENDING FEASIBILITY

Address
List Price
Beds/
Baths
Sq.Ft.
CDOM
5020 NE 45th St
$5,250,000
5/5.5
8,710
31




PENDING IN OCTOBER

Address
List Price
Beds/
Baths
Sq.Ft.
CDOM
4702 46th Ave NE
$895,000
2/1.75
2,230
22
4323 NE 45th St
$1,050,000
4/2.25
2,286
33
*5142 45th Ave NE
$1,125,000
4/2.75
2,410
8
4118 42nd Ave NE
$1,395,000
5/3.75
3,770
7
*3710 NE 41st St
$1,550,000
4/3.25
3,540
9
*5018 NE 41st St
$1,628,000
3/2.5
3,210
7
3922 NE Belvoir
$1,695,000
4/3.5
4,370
165
3600 W Laurelhurst Dr NE
$2,195,000
4/3.25
3,780
81
*Listed and under contract in October



SOLD IN OCTOBER

Address
List Price
Sale Price
CDOM
Beds/
Baths
Sq.Ft.
Price
p/sq.ft
Date Sold
5223 Ivanhoe Pl NE
$799,000
$850,000
6
2/1.75
1,380
$615.94
10/10
5007 Ivanhoe Pl NE
$875,000
$875,000
7
4/1.75
1,400
$625.00
10/19
5133 46th Ave NE
$995,000
$1,107,000
7
5/2.75
2,190
$505.48
10/05
4814 NE 44th St
$1,175,000
$1,325,000
7
3/2
2,400
$552.08
10/31
Averages


7

1,843
$574.63


Median Sold Price = $991,000




No comments: