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Queen Anne Real Estate Report – November 2017

The Seattle real estate market is still one of the most talked about in the nation. Though that hasn’t changed, many home prices have. There were 63 sales in the Queen Anne neighborhood last month, 31 single-family homes and 32 condos.

Sold this year by Ewing and Clark

As Seattle grows, so does the value of the homes. The median sales price for a single-family home jumped from $935,000 (Nov. 2016) to $1,042,000 (Nov. 2017). The average selling price was $1,346,971 and the average listing price was $1,390,692. The highest sold listing was $6,200,000, compared to $2,850,000 in November 2016.

Condominium sales in Queen Anne continue to rise in price. The median sales price increased from $352,500 (Nov. 2016) to $467,500 (Nov. 2017). The average selling price was $524,075. The highest sold condo was recorded at $1,175,000 and the lowest was $179,000.

There are currently 42 active listings and 60 pending.

 

Real Estate Report

The market didn’t slow down in the Queen Anne area as we came into the fall months, with 58 sales this past September compared to 36 last September. Though the highest priced home last year was at $4,243,000 and this year the highest priced home was about two million lower, the median cost for a home has gone up from $425,000 (9/15) to $629,500 (9/16). Last year homes were being listed (on average) for $691,407 and this September we are seeing homes listed (on average) for $805,780. There are currently 91 active listings and 76 pending.

 

Real Estate Spotlight: West Galer Residence

812 W GalerThis unique home on West Galer Street is available for $2,350,000. Sitting on the west slope of Queen Anne hill, this home offers spectacular views of the Puget Sound and the Olympic Mountains, including from the wrap-around terrace adjacent to the master bedroom. Classic details such as ribbon inlay oak floors, window seats, and moldings combined with unique features such as an authentic Japanese tea house make this a truly once-in-a-lifetime opportunity. The gourmet kitchen boasts top-of-the-line stainless steel appliances and granite counters. The great room opens to a level, low-maintenance garden featuring waterfalls, terraces, and boulders, and the adjacent tea house is the perfect place to set up your own exercise, yoga, or art studio. A spacious three-car garage offers plenty of storage, and this home has the added bonuses of new windows, siding, roof, and systems. For more information on this home, contact Betsy Terry at Ewing & Clark, Inc, and click here for additional photos.

The Details

5 bedrooms | 6 bathrooms | 5,350 SF | Built in 1912

Price: $2,350,000

Galer View     Tea House Galer

Uptown Art Walk Is Tomorrow, 10/15!

It is time once again for the Uptown Art Walk, and there is going to be some great work on display this month! Head to the Vera Project to see 10 years’ worth of screen-printed posters created by Weapons of Mass Design, who will also be doing a screen-printing demonstration and have posters available for sale.

Solo Bar will host Lower Queen Anne resident Stasia Burrington’s “Stargazing” exhibit curated by Ghost Gallery, and Eyeballs will be showing paintings and pastel drawings from Irena Lusnyakyan, also a Queen Anne resident.

The art walk takes place every third Wednesday of the month at several businesses throughout Uptown. Click here for the full list!