Madison Park Times RE 03-01-22

Page 1

MARCH 2022

Madison Park Times

Serving East-Central Seattle since 1983

Real Estate

MADISON PARK - WASHINGTON PARK - MADISON VALLEY - DENNY-BLAINE - MADRONA - LESCHI www .M adison P ark T imes . com

Seattle real estate still a seller’s market, for now

G

likely feed increasreater ing prices in our Seattle region. continues Unprecedented to experience a low inventory has very active real led to fewer home estate market sales and increased with a shortage of prices. However, inventory plaguwith the sunset of ing the region. the pandemic upon Continued us, we expect to low interest rates see more invenand a strong job tory coming to market drive our Evan Wyman market this spring. housing market Property Views In addition, as with new hires more companies coming in from out announce their of state for high tech, medical and other industries. return-to-work strategies, buyers Additional pressure on the market and sellers may make decisions about where they can/want to live is expected as reportedly Amazon depending on their employer’s is more than doubling its maxiwork-from-home policy. Many mum base pay to $350,000 for new listings coming on the some corporate and tech employees. This will give them $1 million market will be snatched up by the backlog of buyers, but overall it in more buying power, which will

will be bring welcome opportunities. Here’s a snapshot of the recent housing market stats in our area:

Status

Address

Pending

3209 E Madison St

CDOM 16

Original Price 885000

Selling Price

Listing Price 885000

Pending

2502 Canterbury Lane E #109

6

950000

950000

Pending

2330 43rd Ave E #301B

3

1137500

1137500

Pending

2330 43rd Ave E #206B

2

1295000

1295000

Pending

4015 E Garfield St

6

1950000

1950000

Pending

576 Lake Washington Blvd E

9

2799000

2799000

Pending

484 Lake Washington Blvd E

8

3095000

Sold

1810 43rd Ave E #B102

14

490000

440000

490000

Sold

1905 42nd Ave E #3

21

500000

490000

500000

3095000

Sold

2360 43rd Ave E #201

23

595000

590000

595000

For Denny Blaine, Broadmoor, Washington/Madison Park Jan. 1, 2022 through Feb. 15, 2022: 10 sold homes Average Sales Price: $2,556,300 Average Days on Market: 89 (there was one that was 440 days, which makes this misleading) Average Price Per Square Foot: $821.10 Lowest Sales Price: $1,400,000 Highest Sales Price: $4,450,000 Selling at 98.11 percent of last listed price

Sold

2501 Canterbury Lane E #113

5

659000

785000

659000

Sold

1933 42nd Ave E #2

6

799000

820000

799000

Sold

2055 43rd Ave E #402

6

749000

881000

749000

Sold

3812 E Madison St

21

1295000

1180000

1295000

Sold

2327 41st Ave E

35

1295000

1202500

1265000

Sold

130 34th Ave E

8

1250000

1250000

1250000

Sold

209 36th Ave E

5

1400000

1700000

1400000

Sold

1502 39th Ave E

20

1895000

1900000

1895000

Sold

3324 E Ford Place

20

2150000

2040000

2150000

Sold

197 34th Ave E

7

2398000

2398000

2398000

Sold

620 34th Ave E

8

2795000

2750000

2795000

Sold

2066 41st Ave E

10

3100000

3100000

3100000

Sold

122 Madrona Place E

15

3198000

3198000

3198000

Sold

1239 Parkside Dr E

99

4125000

3670000

3999500

Jan. 1, 2021 through Feb. 15, 2021:

Sold

117 Madrona Place E

26

3750000

3706500

3495000

Sold

1039 36th Ave E

3

4295000

4700000

4295000

Sold

3326 E Shore Dr

26

6200000

6200000

6200000

Sold

2001 Broadmoor Dr E

10

9250000

8750000

9250000

SEE PROPERTY, PAGE 3

2-BEDROOM, NEARLY-1,600 SQ FT. PIKE PLACE MARKET CONDO WITH PROTECTED WATERFRONT VIEWS. $ 1,495,000

LISA TURNURE REAL ESTATE Coldwell Banker Bain Just Sold with multiple offers Listed, sold and closed in less than 2 weeks!

For a complimentary price valuation of your property or to learn how I can help you successfully list and sell your home for top dollar in todays market, please contact me.

206.919.6605 | lisaturnure@cbbain.com | LisaTurnure.com

MOIRA E. HOLLEY

EXPERIENCED. INNOVATIVE. TRUSTED.

moirα@moirαpresents.com 206.612.5771

moirαpresents.com co-founder, global sales advisor


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