July 2020
Serving East-Central Seattle since 1983
Real Estate
Madison Park Times
MADISON PARK - WASHINGTON PARK - MADISON VALLEY - DENNY-BLAINE - MADRONA - LESCHI www .M adison P ark T imes . com
Summer is Heating Up the Madison Park Real Estate Market
I
t is undeniable that the COVID-19 pandemic halted what was shaping up to be a red-hot spring sales season in the greater Seattle area, but as buyers, sellers and real estate agents adjusted to a virtual approach to the purchase and sale of homes — and the government eased some “stay in place” restrictions — things began to heat up again in the Emerald City. Many industry experts agree that we could be moving toward a hot summer sales season with an uptick in activity that would’ve historically taken place in springtime. As you consider your real estate goals for the rest of 2020, I’ve compiled the latest stats in central Seattle with a further look Toby at the Madison Park market. Lumpkin The central Seattle region (area Property 390) started the year on an upViews ward trajectory in the number of homes for sale, which sharply declined as the pandemic hit. The average days on market, likewise, increased, as buyers navigated a virtual, socially distanced marketplace. By May, however, activity was Housing, Page 7
Homes Closed in Madison Park, Madison Valley, Washington Park, Arboretum, Broadmoor, Denny-Blaine and Leschi in June 2020 Bed
Bath
2512 East Madison Street #401
Address
2
1
765
Sq. Foot
1991
Built
29
DOM
$455,000
Asking Price
$445,000
Sold Price
-2.25%
2400 East Howell Street #E
2
1
735
1988
22
$460,000
$450,000
-2.22%
1833 24th Avenue #B
2
1.5
893
2007
22
$625,000
$595,000
-5.04%
2907 East Olive St
3
1
1,280
1945
52
$610,000
$600,000
-1.67%
2725 C South Norman St
2
1.75
1,042
2020
47
$640,000
$615,000
-4.07%
1929 43rd Avenue East #200
1
1.75
954
1997
3
$698,000
$735,500
5.10%
125 26th Avenue East #A
3
3.25
1,620
2004
51
$825,000
$800,000
-3.13%
318 Martin Luther King Jr Way East
3
1.75
2,240
1925
12
$879,500
$849,500
-3.53%
2508 East Howell Street
3
2
1,530
1918
3
$799,900
$891,500
10.27%
721 33rd Avenue South
2
1.25
2,280
1928
77
$999,950
$900,001
-11.11%
1356 30th Avenue South
4
1.75
1,755
2000
6
$899,950
$915,000
1.64%
211 32nd Avenue East
3
2
1,720
1946
1
$999,950
$1,015,000
1.48%
4215 East Blaine Street
3
2
2,132
1988
67
$1,300,000
$1,125,000
-15.56%
621 29th Avenue East
3
2.25
1,870
1987
2
$1,140,000
$1,140,000
0.00%
416 26th Avenue East
3
2.25
1,550
1990
6
$940,000
$1,170,000
19.66%
3024 East Republican Street
3
2.5
1,940
2001
6
$1,300,000
$1,300,000
0.00%
2040 McGilvra Boulevard East
3
2.75
2,630
1942
5
$1,750,000
$1,750,000
0.00%
3835 East McGraw Street
3
2.5
2,810
1960
5
$2,298,000
$2,298,000
0.00%
CAPITOL HILL ESTATE SITED ON NEARLY AN ACRE OF GORGEOUS GARDENS & GROUNDS CAPITOL HILL | $5,980,000
Rarely-available Madison Park Sub-penthouse OFFERED AT $2,650,000 Representing sellers of distinctive homes and residences and buyers making the next move. Please contact me for a private tour of this exquisite property. To see my other active listings and recent sales, please visit lisaturnure.com.
206.919.6605 | lisaturnure@cbbain.com | lisaturnure.com EXPERIENCED. INNOVATIVE. TRUSTED.
MOIRA E. HOLLEY moirα@moirαpresents.com 206.612.5771 moirαpresents.com
Asking vs. Sold