Madison Park Times Real Estate 09-01-21

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September 2021

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

S

Summer real estate snapshot

ing of the condo eattle has seen market, which is a an unprecedentgreat sign for a moreed summer in balanced market. the real estate market The downtown this year. Seattle condo market Year-over-year July will be particularly numbers for Seattle interesting to keep show median sales your eyes on as it price up 6.8 percent has been a buzz of to $801,000, active activity as of late, and listings down 22.7 percent to $1,296, Spafford Robbins it is expected to be a busy fall with new closed sales volume Property Views inventory and some up an astonishsignificant recent ing 27.8 percent sales. to $1,397 and average days on market down by 25 percent to just 15 days. Denny Blaine, Broadmoor, Preparing a home to present Washington Park, Madison Park to market has never been more (single family) important, our home prep gurus, 7/10/21-8/24/21 (45-day marstyling team, photographers and ket recap) inspectors have never been busier. 13 Sold Homes Average sales price: $2,308,308 The single family home market Average days on market: 12 has continued to be extremely Average price per square foot: robust. $830 We are seeing further awaken-

Lowest sales price: $925,000 Highest sales price: $3,985,000 There are currently 10 active properties with average offering price of $4,179,700 Homes range from an offering price of $974,000 to $14,250,000 with an average days on market of 66. There are currently eight properties pending sale, average offering price of $3,421,500 and an average days on market of 23.

Denny Blaine, Broadmoor, Washington Park, Madison Park (condominiums) Six sold condominium homes Average sales price: $779,883 Average days on market: 52 Average price per square foot: $760 Lowest sales price: $640,000 Highest sales price: $1,200,000 There are currently five active properties for sale with an average offering price of $2,030,000.

“We are seeing further awakening of the condo market, which is a great sign for a more-balanced market. The downtown Seattle condo market will be particularly interesting to keep your eyes on as it has been a buzz of activity as of late, and it is expected to be a busy fall with new inventory and some significant recent sales.”

Properties range in price from $490,000 to $3,295,000 with an average days on market at 215 days. There are currently two properties pending sale with an average offering price of $500,000 ranging from $485,000 to $515,000 with an average days on market of five days. I am honored and happy to help with anything I can in understanding and maneuvering this ever-changing and dynamic

Seattle real estate market. My team, Gina Hasson, Eric Premo and myself at GBK/ Compass are here to assist with the presentation of your home in preparation of bringing it to market, as well as thoughtful home search with the utmost attention to detail and care. I am here to answer your questions. Spafford Robbins, GBK/Compass, SpaffordRobbins.com

LISA TURNURE REAL ESTATE COLDWELL BANKER BAIN Available for purchase IConic Capitol Hill View home | $4,995,000

PENDING Coastal vibes in madison park | $2,695,000

Washington Park Tower 2-bedroom sub-penthouse: $2,575,000

For more information on these properties or to see my other active listings and my recent sales, please contact me via phone or email, or see my website at lisaturnure.com.

206.919.6605 | lisaturnure@cbbain.com | lisaturnure.com

EXPERIENCED. INNOVATIVE. TRUSTED.

MOIRA E. HOLLEY moirα@moirαpresents.com 206.612.5771 moirαpresents.com


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