According to the NWMLS, a total of 39 residential and condo units sold in January, 2013 in Queen Anne as compared to just 18 units in January 2012. This comes as little surprise to this author because January 2012 is really the benchmark of when the Queen Anne housing market began to pick up steam. Any January, 2012 closed sales had been negotiated in December, 2011 or later.
Queen Anne saw 17 residential closed transaction in January, 2013 compared to just 9 in January, 2012. Price per sq. ft in 2013 was $326 compared to $302 in 2012. The avearage days on market in 2013 was 105 as compared to 58 in 2012. That statistic is a bit misleading because most of the inventory still around in December has been around a while and very few new listings hit the market during this month. 6 of the 17 solds in 2013 were under contract in less than 20 days compared to just 2 of the 9 solds in 2012.
There is an even bigger difference in Condo sales. 22 solds in January 2013 compared to 9 in 2012. Price per sq. ft. in 2013 was $319 compared to $233 in 2012. 9 of the 22 2013 solds were under contract in less than 20 days as compared to 2 of the 9 solds in 2012.
February sales compared to 2012 will be vey interesting. Stay tuned!
All you Seattle book worms can rejoice! The independently owned local bookstore once known as Queen Anne Books will be reopening this Friday, March 1st with a new name, Queen Anne Book Company, and new owners. After closing last Fall, many were sad to see it go but after hearing of its new opening many are happy and excited for this weekend just as co-owners Judy de Jonge and Janis Segress are. There is plenty of fun scheduled throughout the weekend to celebrate the opening. There will be author appearances and book signings. The new store will sell traditional books as well as e-readers. If you love books and are looking for something to do this weekend, stop by the Queen Anne Book Company at 1811 Queen Anne Ave N. and help support a small local business.
Many in Seattle question whether it’s worth investing time and money in solar panels given that Seattle isn’t known for its constant sunny days. Keith Hughes, owner of West Seattle Natural Energy, pointed out that, “Berlin, Germany receives 3.2 peak sun hours per day, and 44 percent of Germany’s energy production comes from solar” where as “Seattle receives 3.8 peak hours of sunlight per day and only 1½ percent of its energy comes from solar power.”
Seattle City Light and Northwest Sustainable Energy for Economic Development (Northwest SEED) are working together to promote and change the way Seattle uses renewable energy through their Washington initiative. The goal is to change one neighborhood at a time and to have 150 solar systems operating by the summer 2013 . Projects have already been done Queen Anne and Magnolia as well as other Seattle neighborhoods. When a community agrees to go solar Northwest SEED searches for vendors that will give bulk discount for supplies and installation to the homeowners. Each neighborhood is set up on a grid so that the energy that is not used by one homeowner will flow to other neighbors within the grid.
It is estimated that in the past two years Washington has pumped nearly $4 million into the local economy, created 14 new jobs and has generated more than 600 kilowatts of solar electricity to Seattle’s grid. Seattle City Light estimates that only 600 out of its 400,000 customers use solar energy. Benefits of using solar panels are tax credits and rebates as well as lower energy bills. Living in Seattle helps a little too. Seattle’s annual lower temperatures allow the solar panels to work better and the rain washes them off.
According to the NWMLS, a total 33 condos and and single family homes sold in the month of December. That compares to a total of 28 in December of 2011. The biggest change in 2012 compared to December 2011 (a traditionally slow month) was in the sale of single family residences. A total of 20 homes sold in December 2012 at an average of $292 a sq. ft. with an average days on market of 39. Of those 20 sales, 10 sold in less than 15 days.
In December 2011 just 13 homes sold at an average of $272 a sq. ft. and an average days on market of 80. 15 condos sold in this time period in 2011, compared to 13 in 2012. Many of the 2011 sales were lesser priced condos as the average per sq. ft. was $224 compared to $285 in 2012. Days on market were similar (70-2012 and 65-2011).
Queen Anne is turning into a sellers market particularly in single family home sales as the inventory remains low.