Seattle Real Estate Update – August 2014

Sep 19 20140 Comment

Arboretum: Arboretum only had 1 closing in August and for the second month in a row, no new listings hit the market. This means that buyers with this specific neighborhood search criteria are likely chomping at the bit for a home to hit the market! If you have started thinking about selling, check your home’s value using the widget above or visit seattle.smarthomeprice.com to see what you home could sell for today.

Montlake: Seven homes went under contract in Montlake in August while only 5 active listings were left standing at the end of the month. Two properties closed in the neighborhood with an average sales price of $840,000.

Broadmoor: Broadmoor saw two new listings come on the market with an average sales price settling at just over $5 million. Check out these Broadmoor listings currently available>

Eastlake: Eastlake had yet another spike in properties for sale, ending August with 22 homes still on the market. Two sales closed last month and another 6 went under contract and should close soon.  As with last month, it is important to point out that only note, however, that none of the active listings as of today (9/16) are single family homes, leaving plenty of room for resale single-family clients to be successful!

Madison Park: The number of single family homes available for sale in Madison Park increased slightly in August to 8 while 4 sales closed during that same time period. Sellers in this neighborhood are consistently receiving 95-100+% of their list price.

Washington Park: Washington Park real estate sales remained steady in August with 3 closed sales, 3 homes going under contract, and 10 properties available for sale at the end of the month.