Laurelhurst Real Estate Update 2010 Market

Laurelhurst private waterfront dock

Big real estate time frame forLaurelhurst homes for sale!   There are 21 current Active Laurelhurst homes for sale as of today.  They range in price from $554,950 to $6,900,000 with a median price of $789,000.  In this group, the average days on market is 70 days and it includes Laurelhurst waterfront homes and a Laurelhurst bank owned home.

Sold Laurelhurst homes – This is a biggie, but we need to look 180 days back to be accurate:

Since I happen to know that some of the Laurelhurst real estate data is currently corrupt in the NWMLS, I decided to run the numbers back 180 days to capture all sales and activity (the listing agent did not put the Laurelhurst home sale in until two months after it closed and then proceeded to put in the incorrect sale date).  There have been 31 Laurelhurst properties that have sold and closed in the last 180 days.  These range in price from $138,000 for a Laurelhurst condo to $5,400,000 for the Webster Point Waterfront home that Morgan Cooper (Morgan@CooperJacobs.com 206-898-6576) sold recently.  The median price of these was $875,000 with an average days on market of 50 days and sale price to list price ratio is an average of 96.06%.  Laurelhurst is moving.  In fact, it is in demand.  If you happen to know of any great Laurelhurst Beach Club homes coming on the market soon, please let us know as we do have a buyer actively looking (laurelhurst@CooperJacobs.com ).

Another category of sales is the pending sales in Laurelhurst – Seattle’s pending numbers are always interesting to look at because you never know if pending will close due to financing, short sales, etc., but here are the prime Laurelhurst homes that are under contract to close:  There are 4 Pending Inspection ranging from $445,000 to $1,000,000 and 1 property priced at $659,000 which is Pending Back Up for one reason or another.  There are 5 additional Laurelhurst Homes that are Pending and waiting to close ranging in price from $395,000 to $1,995,000.

Let us know if you have some prime Seattle Laurelhurst real estate info or news to share about your home or street!