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JULY 12, 2017
VOL. 98, NO. 28
In-City Neighborhoods Experience Diminishing Affordability as Inventory Fades and Prices Climb For the eighth month in a row, 14,867 in the rest of King County. the Seattle metro area claimed That’s a 3.1 percent population the greatest median home price growth, helping Seattle stake the increases year-over-year rising claim as the fastest growing big 12.9 percent city in the nation. in April 2017, Looking at high-end according to the home sales (those above closely followed the 90th percentile of S&P CoreLogic selling price), the first Case-Shiller half of the year saw Index. This puts concentrated sales in the Seattle in front affluent communities to of all others the north and northwest tracked by the Andrea J. Savage of downtown Seattle in index, including coveted communities REALOGICS SOTHEBY’S Pacific Coast including Queen Anne, INTERNATIONAL REALTY gateway cities. Magnolia, Madison REAL ESTATE Seattle continues Park, Capitol Hill and its meteoric job and population North Seattle. These areas saw growth, and developers few entry-level sales, which were are playing catch up as the concentrated to the south in areas overwhelming consumer such as Southeast Seattle, SODO/ preference is to move near Beacon Hill and West Seattle urban employment centers to south of Alaska Street and the avoid heavy traffic and long West Seattle Bridge. commutes into the city, a reversal “The future is decidedly urban of historical flights to suburbia. in context, and continuing trends Though the multi-billionfor reduced inventory and rising dollar Sound Transit 3 light rail demand means less selections and expansion will eventually help higher prices as we enter into the people move from outlying areas second half of 2017,” said Dean to the city center, relief is years Jones, President and CEO of away. Thus, it’s no surprise that Realogics Sotheby’s International for the first time in a century, Realty. “The competitive buyer’s Census data reveals that the city market is also deterring would-be of Seattle is now growing at a sellers of current homes, as these faster clip than the surrounding consumers fear selling a home King County suburbs combined. before identifying a new property Last year, the Emerald City ➧ DIMINISHING AFFORDABILITY, added 20,847 people versus Page R5
Burglaries peak in summer: Is your home secure? (BPT) - Long days, moonlit nights and endless opportunities for adventure are probably causing you to daydream about travel. Whether you're planning a day trip or a month-long extravaganza, summer is full of opportunity for you. But what about your empty house while you're away? Unfortunately summer months are also peak periods for home burglaries. Seasonal patterns exist in household burglary rates, according the U.S. Department of Justice, with these crimes
happening more frequently in the summer than during other seasons of the year because people are traveling more and are away from their homes. Planning your next weekend at the cabin doesn't have to involve worry about a break-in back home. Give yourself peace of mind no matter where you are by taking a few proactive steps to protect your home today.
Step 1: A smart home is a ➧ PROTECT YOUR HOME, Page R5
June Queen Anne & Magnolia Single Family Homes Sales Address
Neighborhood Bed
3432 23rd Ave W 3008 31st Ave W 3629 Gilman Ave W 4031 33rd Ave W 3818 A 23rd Ave W 4625 34th Ave W 3611 30th Ave W 3817 Gilman Ave W 4002 36th Ave W 3117 W Thurman St 3054 31st Ave W #B 3712 32nd Ave W 2512 42nd Ave W 4447 28th Place W 2415 W Boston St 3905 W Bertona St 3405 36th Ave W 3440 42nd Ave W 2910 W Smith St 3847 23rd Ave W 3602 30th Ave W 5422 40th Ave W 1408 Magnolia Blvd W 4526 36th Ave W 3624 30th Ave W 2915 W Blaine St 2910 W Garfield St 1804 Magnolia Wy W 3625 45th Ave W 2141 33rd Ave W 3712 Magnolia Blvd W 4763 W Roberts Wy 2591 Perkins Lane W 1970 Magnolia Blvd W 1310 W Dravus St 1220 W Emerson St 2508 6th Ave W 3250 14th Ave W #A 3250 14th Ave W #B 15 W Blaine St 3248 14th Ave W #A 2814 14th Ave W #A 2458 5th Ave W 816 W Bothwell St 1946 9th Ave W #B 302 Valley St #B 1415 3rd Ave W #B 3041 13th Ave W 3037 11th Ave W 3017 13th Ave W 10 Florentia St 2572 13th Ave W 1308 W Wheeler St 2120 10th Ave W 2840 13th Ave W 302 Halladay 805 W Blaine St 2534 Warren Ave N 309 Newton St 2507 8th Ave W 2114 1st Ave W 812 W Bothwell St 2012 Bigelow Ave N 1238 3rd Ave N 2417 1ST Ave W 2612 Queen Anne Ave N 1830 7th Ave W 1012 5th Ave W 309 W Kinnear Place 2308 Bigelow Ave N 820 W Lee St
Advertise in our August issue by contacting us at: 206-461-1322
Bath
Sq Ft
Built
Days on Market
Sold Price $450,000 $510,000 $650,000 $702,000 $712,500 $712,800 $715,000 $750,000 $770,000 $783,000 $810,000 $840,000 $877,000 $909,000 $910,000 $930,000 $954,000 $1,020,000 $1,090,000 $1,100,000 $1,105,000 $1,125,000 $1,130,000 $1,130,000 $1,150,000 $1,235,000 $1,241,000 $1,379,000 $1,465,000 $1,633,125 $1,989,000 $2,000,000 $2,730,000 $3,215,000 $460,000 $645,000 $715,000 $750,000 $750,000 $772,500 $775,000 $790,000 $805,000 $810,000 $888,000 $940,000 $945,000 $950,000 $950,000 $960,000 $979,250 $1,000,000 $1,000,000 $1,003,558 $1,040,000 $1,058,000 $1,068,000 $1,165,000 $1,200,000 $1,222,000 $1,340,000 $1,345,000 $1,365,000 $1,525,000 $1,600,000 $1,625,000
0% 2% -4% 8% 0% 10% 2% -2% -3% 21% 12% -3% -1% 3% -4% -1% -1% 16% 21% 0% 12% 0% 3% -5% 12% -1% 34% 0% -2% 10% -1% 0% -9% 0% -5% 4% 0% 0% -3% 5% 0% 0% 2% 1% 11% 2% 6% 6% 0% 16% -7% 12% 11% 1% 5% 0% -1% 19% 24% 22% 28% 0% 14% 2% 3% 25%
$1,656,000 $1,760,000 $2,025,000 $2,300,000 $2,600,000
10% 18% 0% -2% -7%
Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Magnolia Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne Queen Anne
1 2 3 3 2 5 2 2 3 3 3 3 2 3 4 3 5 3 3 2 4 3 4 4 3 4 3 4 5 4 4 3 3 3 1 2 2 3 3 2 3 3 3 2 3 3 2 4 4 3 3 2 3 3 3 4 4 3 3 5 3 5 4 4 5 5
1 1 2.5 1.75 1.75 2.25 1.5 1.75 2 2 3.5 1.75 1 2.25 2.25 2.5 2.75 2 2.5 1 2.75 2.25 2 3.5 2 2.25 2.5 3.25 3.25 4.25 3.25 1.75 3.5 3 1 2 1 1.75 2.25 2 2.25 3 1.75 1 2.5 2.25 2.5 2 1.75 2 2 1.5 2.5 2.25 2.5 1.75 2.5 2.25 1.75 3.25 2.25 2.75 2.25 2 3 2.5
610 880 1,280 1,290 1,455 2,840 1,370 1,440 2,050 1,650 1,570 1,880 1,950 2,090 2,550 3,220 3,030 2,520 2,710 1,760 2,340 2,260 3,130 3,710 3,760 3,590 3,165 2,899 4,740 4,020 4,000 2,700 3,340 4,396 1,480 984 1,740 1,602 1,602 1,640 1,610 2,075 2,570 970 1,700 1,320 1,894 2,330 2,401 1,580 2,290 1,460 2,060 1,858 2,490 2,650 2,180 2,346 2,160 3,600 2,150 3,343 2,211 2,290 2,218 2,830
1953 1945 2015 1944 2017 1960 1959 2017 1946 1950 2008 1949 1937 1977 1919 1949 1910 1948 1939 1944 1949 1958 1933 2001 1926 1931 1937 1930 1947 2003 1923 1957 1925 2006 1908 2017 1907 2017 2017 1906 2017 2009 1921 1940 2002 2005 2007 1951 1942 1950 2007 1976 1930 2017 1946 1956 1916 1924 1924 1977 2013 1925 1921 2004 1907 1925
8 7 6 7 4 5 7 7 8 13 8 8 179 7 6 14 7 8 7 7 14 12 17 7 7
$450,000 $499,000 $679,999 $649,000 $714,950 $649,922 $699,950 $764,950 $795,000 $645,000 $725,000 $869,000 $887,000 $879,000 $949,000 $939,950 $959,000 $879,000 $899,950 $1,100,000 $989,000 $1,125,000 $1,099,990 $1,195,000 $1,025,000 $1,249,000 $925,000 $1,379,000 $1,495,000 $1,489,000 $1,999,000 $2,000,000 $2,995,000 $3,200,000 $485,000 $619,950 $715,000 $750,000 $775,000 $737,000 $775,000 $789,000 $789,000 $799,000 $798,000 $919,888 $895,000 $899,000 $950,000 $825,000 $1,048,000 $895,000 $899,950 $989,950 $989,000 $1,058,000 $1,078,000 $975,000 $965,000 $998,000 $1,049,000 $1,350,000 $1,199,000 $1,495,000 $1,550,000 $1,300,000
Queen Queen Queen Queen Queen
4 4 3 3 5
2.5 2.25 2 3 3.5
4,220 3,140 2,890 4,025 4,500
1900 1923 1951 1927 1912
8 6 12 22 15
$1,500,000 $1,495,000 $2,025,000 $2,350,000 $2,800,000
Anne Anne Anne Anne Anne
17 12 26 5 18 7 5 61 45 8 6 21 46 7 79 12 16 6 5 10 7 7 10 11 7 9 7 29 13 6 45 20 15 11 16 5 26 4 5
Sold Price/ Asking Price
Asking Price
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