Monthly Archives: October 2011

Queen Anne Prices Leveling Off?

According to the Northwest Multiple Listing Service, 42 units were sold in Queen Anne for the month of September, 2011.  This compares favorably to the 39 units sold in September, 2010.  This trend is not new.  What is encouraging is the price per square foot for residential units for 2011 and 2010 were roughly the same, at $256 and $258 respectively.  2011 price per sq. ft. has been significantly below 2010 levels up to this point.  30 residential units were sold in September 2011 compared to 22 in 2010.  2011 residential median price was $598,000 compared to $612,000 in 2010.  Also similar are the average days on market for residential units, 87 for 2011 and 83 for 2010.