Wednesday, October 26, 2011

1900 Craftsman by Salmon Bay Park

6727 20 Ave NW, Seattle, WA 98117

PRICE: $449,500
BEDROOMS: 4
BATHS: 2
SQUARE FEET: 2,280
LOT SIZE: 5,100 SF
YEAR BUILT: 1900
NWMLS #:270703

Large, updated Ballard house with plenty of room for everyone. One half-block from Salmon Bay Park on 20th Ave. NW & an easy walk to schools. Nine foot ceilings with crown molding throughout main level. Two full baths and four bedrooms. Improvements include double pane windows, new carpet, new vinyl flooring with new wood floors in the kitchen & formal dining room. Fresh paint inside and out. New front porch and back deck. New gas furnace & electric forced-air heat in the bedrooms. Big utility/laundry. Private back yard.

More information and photos...




Thursday, October 20, 2011

Which homes are selling in Queen Anne and Magnolia?

In a previous post about homes in north Seattle I spotlighted what price ranges are most active. It is important information if one is considering buying or selling a home, because the real estate market is different at different price points.

Think of it like the weather. The weather for the state of Washington on a given day will be different than the weather in Seattle. The weather in Seattle may be different if you are on the waterfront vs. in land.

Which homes are selling in Queen Anne and Magnolia? At different price points the market acts differently. The most active price point in the last six months were the 35 homes that sold from $350,000 to $400,000. While the market for homes priced above $700,000 was much slower.

Which homes sold the quickest? Below is a graph that shows the number of days on market (DOM) for homes in many price ranges. In the price range of $500,000 to $550,000 there were 26 homes that sold with an average DOM of 21 days! WOW! That's a hot market!

As it shows above, for those who own homes in active price points now is a good time to sell. Plus there are also some excellent opportunities for home buyers looking in non-active price points.

Which homes are selling in northwest Seattle?

One may ask, which homes are selling in Seattle? ...Homes that are priced right...but are also priced in an active price range.

As the graph below shows, 115 homes sold in the last six months that were priced between $350,000 and $400,000. In general the quantity of homes sold that were priced between $250,000 and $550,000 did the best. While there was a much smaller number that sold priced above $850,000.

Which homes sold the quickest? ...Again the homes that were priced right and sold in the most active price range. Below is a graph that shows the number of days on market (DOM) for homes in many price ranges. In the price range of $400,000 to $450,000 there were 71 homes that sold with an average DOM of 18 days! WOW! That's a hot market!


Northwest Seattle includes the neighborhoods of Ballard, Fremont, Greenlake, Wallingford, Greenwood and many others that are located between I5 and the Sound and between the Ship Canal and the City limits at roughly 145th Street.