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.

Satisfied Real Estate Clients

I am grateful to have received this letter of recommendation from my clients Adam and Heidi recently.
-Andrew

As a first time homebuyer, we had no real idea how the real estate market worked. We had a general idea of what we wanted in a house, the general location where we wanted to live, and our budget.

We ran into Andrew at an open house he was holding. After talking for a few minutes, it was apparent Andrew had an excellent grasp and knowledge on the Seattle housing market. Andrew’s office was in the same neighborhood we lived, and he also explained how involved he was in the community - especially with the art walks he volunteers for. It was a relief to meet someone who was as passionate about his community as we are. We exchanged contact information and the process began.

Andrew graciously showed us about ten places in one day. This helped us get an idea what we could get with the budget we had allotted. It turns out the home we chose was the same house we met Andrew originally at the open house!

The purchasing process was so painless, it was amazing. Andrew had great recommendations on which inspector to use, among many other things. The best part about using Andrew as our real estate agent was his willingness to communicate at all times. It seemed he was always available to take a phone call or to meet in person. He explained everything in detail and helped us complete the transaction as smoothly as can be imagined. We very much look forward to working with Andrew to secure more real estate transactions in the future!

Thanks again,
Adam and Heidi

Read other letters of recommendation about Andrew L. Parker at http://www.seattlehomekey.com/testimonials.htm