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DECEMBER 2019 REAL ESTATE AND END OF YEAR RECAP
Happy New Year everyone!
We had a busy 2019 in Laurelhurst with 71 sales, 9 of which were non Beach Club. In comparison, there were 62 homes sales in 2018 with 12 non Beach Club.
The median home sale in 2018 was $1,595,000
The median home sale in 2019 was $1,500,500
December of 2019 saw a decrease in median sales price over December 2018 to $1,284,500 with a bump in Average days on market to 87. This increase was largely due to one property that was on the market for 238 days.
What does this mean for 2020. Windermere’s Chief Economist has this to say about his predictions for 2020 Matthew Gardner’s 2020 Forecast
May you all have a happy, healthy new year.
Kim
ACTIVE LISTINGS
| Address | List Price | Beds/
Baths |
Year
Built |
Sq.Ft | Price
p/sq.ft |
| 5011 44th Ave NE, #B | $729,950 | 2/1.75 | 2019 | 1,300 | $561.50 |
| 4558 51st Ave NE | $2,295,000 | 6/3.25 | 1969 | 3,990 | $575.19 |
| 5020 NE 45th St | $3,995,000 | 5/5.5 | 1969 | 6,430 | $621.31 |
| 4911 NE Laurelcrest Ln | $13,750,000 | 7/6.5 | 2008 | 9,590 | $1,433.79 |
PENDING IN DECEMBER
| Address | List Price | Beds/
Baths |
Sq.Ft. | CDOM |
| 5011 44th Ave NE, #A | $999,950 | 4/2.5 | 2,252 | 41 |
| 4811 NE 41st St | $1,795,000 | 4/3 | 3,600 | 62 |
| 4560 52nd Ave NE | $2,795,000 | 5/3.25 | 3,936 | 2 |
SOLD IN DECEMBER
| Address | List Price | Sale Price | CDOM | Beds/
Baths |
Sq.Ft | Price
p/sq.ft |
Date Sold |
| 3503 NE 44th St | $829,950 | $805,000 | 27 | 2/1 | 1,030 | $781.55 | 12/2 |
| 3822 42nd Ave NE | $1,249,000 | $1,260,000 | 3 | 3/1.75 | 2,081 | $605.48 | 12/13 |
| 4314 NE 41st St | $1,325,000 | $1,309,000 | 78 | 5/2.25 | 2,890 | $452.94 | 12/12 |
| 4804 NE 40th St | $2,990,000 | $2,610,000 | 238 | 5/4 | 4,700 | $555.32 | 12/31 |
| Averages | $1,496,000 | 87 | $598.82 |
Median Sales Price = $1,284,500
* Median Sales Price December 2018 = $1,816,000
CDOM = Cumulative Days on Market
