Monthly Archives: June 2013

May Queen Anne Home Sales-Rising Values, Quick Sales, Low Inventory

Sensing a theme here?  Due to lower inventory the number of Queen Anne single family home sales in the month of May, 2013 (33) was lower than in May 2012 (41) but the price per sq. ft. was sgnificantly higher in 2013 ($325 to $290 in May 2012).  The proportion of quick sales also remained higher as 24 of the 33 May 2013  sales were less than 20 days and 20 of the 33 10 days or less as compared to 19 of the 41 in May 2012 being sold in 20 days or less and 13 of the 41 in 10 days or less.

Volume of condo sales remained higher in 2013 (35 compared to 26 sales in May, 2012) as did the price per sq. ft.  ($342 in 2013 to $320 in 2012).  Average days on market in 2013 was 41 compare to 88 in may, 2012.

All the above is according to the NWMLS.

Featured photo from ActiveRain.com.

April Queen Anne Home Sales Show Rising Values, Shrinking Inventory

According to the NWMLS, 26 single family homes sold in Queen Anne for the month of April, 2013.  Of these 26 homes 21 sold in less than 20 days and 19 sold in less than 10 days.  The usual practice has been to place a property on the market and then have the seller “review offers on” a particular date, typically a week or so after the property was first placed on the market.  So it is increasingly rare to see a property sell in 1-5 days.  The average price per sq. ft. was $332 which reflects an increase of 7.5% over the $310 price per sq. ft. in April, 2012.   39 single family homes sold in April, 2012.  24 homes were sold in 20 days or less and 18 in a week or less.  Again, there was simply more inventory in 2012, thus an additional 50% in sales volume.

42 Condos sold in Queen Anne in April 2013 compared to 29 in April 2012.  Price per sq. ft. in 2013 was $365 compared to $282 in 2012.   Again the condo units sold quicker in 2013 with 30 out of 42 selling within 20 days and 26 of those selling within a week.  compare that with 11 of 29 selling in 20 days or less in 2012 and only 6 of 29 selling in a week or less. Inventory is not nearly as big an issue in the Queen Anne condo market compared to the single family market.

Featured photo from AxiomDesignBuild.com.

March Home Sales in Queen Anne Show Rising Property Values

According to the NWMLS, 45 units (16 single family and 29 condos) were sold in Queen Anne in March, 2013 compared to 38 sales (20 single family and 18 condos) in March of 2012.  Sheer volume is always a bit low in March because a majority of the contracts were actually signed and negotiated in February, which itends not to be a busy real estate month.

Although more actual single family units sold in 2012 (20) than in 2013 (16), the striking statistic is the price per sq. ft. of $303 in 2013 compared to $263 in 2012.  Also, out of the 16 sales in Queen Anne in March, 2013 11 sold in 20 days or less and 10 sold in a week or less.  Compared to 8 and 4 in 2012.  The lesser volume of sales is simply a reflection of lack of inventory that has been plaguing  Queen Anne the last several months.

Sold condos in Queen Anne came in slightly higher on a price per sq. ft. basis in 2013 ($302) than 2012 ($300) and each year saw roughly half of the sold condos sell in 20 days or less.  Of note the median sale price in 2012 was only $207K compared with 315K in 2013.

Featured image from QueenAnneblvd.com.

Queen Anne Events: 9 Things to Do in July

Queen Anne Days are coming up in July, but that’s not the only thing to look forward to in Queen Anne events next month! Read on for neighborhood events coming up:

  1. Wednesdays in July – Wine Wednesday Tastings at Twirl Café: Enjoy dinner or a crostini plate with three hand-selected wines from rotating regions! This weekly event at Twirl Café is from 5 – 8 p.m. and costs $5 per tasting. Wines by the glass are $2 off. RSVP-optional, but RSVPs get entered in Twirl’s monthly raffle. RSVP here.
  2. Thursdays in July – Queen Anne Farmer’s Market: Summer is in full swing, and that means the weekly Queen Anne Farmer’s Market is going on! Visit the corner of Queen Anne Avenue N and West Crockett Street each Thursday from 3 – 7:30 p.m. Head to Twirl Café afterward for their after party event!
  3. Fridays in July – Movie & Pizza Night at Twirl Café: Rotating pizzas and movie snacks will be available at Twirl’s weekly movie and pizza night. From 5 – 8 p.m. on Fridays, Twirl will serving pizza and dinner specials for a $7 rotating pizza selection, or $4 cheese pizza. They be playing a G-rated movie (movie starts at 6 p.m.), and kids are encouraged to wear their PJs. RSVP-optional, but RSVPs get entered in Twirl’s monthly raffle. RSVP here.
  4. Saturdays in July – Family Spaghetti Dinner Social at Twirl Café: From 5 – 8 p.m. on Saturdays in July, Twirl Café is hosting a weekly rotating pasta dinner with beer, wine and espresso. Your pasta dinner and all you can eat salad and garlic bread for $9.95 per plate. Kids 2 and under eat free. The regular menu will also be available. There will be activities for kids ages 6 and under. RSVP-optional, but RSVPs get entered in Twirl’s monthly raffle. RSVP here.
  5. July 7 – Historical Walking Tour of Queen Anne: This monthly walking tour event will benefit the Queen Anne Historical Society. Join neighbors, visitors, friends and more at Kerry Park for a 1.5-hour walk touring Queen Anne with Nicole Demers-Changelo from Windermere Real Estate. A minimum $20 donation is recommended to benefit the Queen Anne Historical Society. Please reserve your space (limited available) by calling Nicole at 206-271-1267, or email andition@windermere.com.
  6. July 13 – Crown of Queen Anne Fun Run/Walk and Queen Anne Days: The annual Crown of Queen Anne Fun Run/Walk is on July 13th! Register to participate in the run, or come along to watch and shop sidewalk sales and activities all throughout the neighborhood. The race starts at 8 a.m., but fun events will be happening all day on the hill with the Queen Anne Days event.
  7. July 18 – Queen Anne Chamber July Luncheon: The Greater Queen Anne Chamber of Commerce meets on the third Thursday of every month. Join the chamber guests and members for networking with other Queen Anne business owners, updates on the events and happenings within the chamber and neighborhood, and words from an occasional speaker. The luncheon takes place at the Best Western Plus Executive Inn at 200 Taylor Ave. N, from 11:15 to 1:30 p.m. on July 18th. The cost is $25 for members, $30 for non-members. RSVP required, to contact@qachamber.org.
  8. July 19 through 21 – Bite of Seattle: The annual Bite of Seattle takes place at the Seattle Center from July 19th through 21st! Enjoy food from carts and trucks, live music, kids activities, and more! Spend $10 to get into the Alki Courtyard and enjoy tastes from some of Seattle’s best restaurants from 11 a.m. to 9 p.m. The proceeds from your ticket into the Alki Courtyard will benefit Food Lifeline.
  9. July 20 – Twirl Family Picnic: Head to Twirl Café on Saturday, July 20th for a Family Picnic! Bring your lunch and picnic blanket to meet outside Twirl Café at 11 a.m., where the group will then proceed to Big Howe Park to picnic and play. You can order your lunch ahead of time with Twirl, or bring your own! Please RSVP here.

Featured photo from QAChamber.org.