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October Neighborhood Real Estate Activity

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Kim DeLis provided information on activity in the area in October:

Some interesting developments continue to unfold in the real estate market:
  • Laurelhurst held strong, averaging 17 days on the market compared to Seattle's average of 21 days, up 200% from last year.
  • The number of homes sold in Seattle is down 27% from October 2021, but there were 15 active listings in Laurelhurst, up from two last year.
  • With the Fed's latest 3.75% interest rate hike since March, Laurelhurst homes are still listed and for sale.

Here are some statistics sellers should consider when listing their homes for sale:
  • In Seattle, the number of homes sold above list price is down 62% from the previous year.
  • As interest rates rose, buyers became more conservative, resulting in fewer offers and some buyers offering below list prices.

For Laurelhurst sellers, the silver lining for sellers is that the median home price has increased by $475,000 as of October 2021.


The list is active on 04/11/2022

 

header

Price list

bed /

bathrooms

year

create it

square foot

CD

price

p/kv

4278 Northeast 50th Street

$999,400

4/2.5

2019

2020

35

$494.75

4747 49th Ave NE

$1,050,000

3/2

1926

1960

35

$535.71

4280 Northeast 50th Street

$1,099,000

4/2.5

2019

2020

93

$544.06

5032 Sand Point RR NE

$1,150,000

3/2.5

2021

1510

84

$761.59

5035 47th Ave NE

$1,200,000

2 / 1.75

1940

2240

29

$535.71

5051 50th Avenue NE, #28

$1,298,000

2/2.5

1986

2271

fifty

$612.07

3816 42nd Ave NE

$1,487,000

3/2

1949

3040

44

$489.14

5208 Northeast 50th Street

$1,549,500

4/2.5

1946

2710

72

$571.77

4322 Northeast 43rd Street

$1,598,000

4/2.5

1928

3050

13

$523.93

4545 49th Ave NE

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