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