Tag Archives: Queen Anne Home

Queen Anne Real Estate Report – May 2017

The Queen Anne real estate market has showed great strength last month. There were 88 sales, both single-family homes and condominiums. Though the numbers are up in the area, prices are down for single-family residences. The median sales price has dropped from $1,158,800 (May 2016) to $965,000 (May 2017), the lowest also made a tremendous drop from $ 715,000 to $320,000. There are currently 30 active single-family homes in Queen Anne with a median sales price of $1,237,500, the lowest at $220,000, and the highest at $7,500,000.

Condo sales in the Queen Anne neighborhood are heating up along with the summer heat. There were 52 condos sold last month, 11 more than last May. The median sold price has gone up from $361,450 (May 2016) to $500,000 (May 2017). The listing price has jumped from $399,974 to $455,805. The average cumulative days on market has dropped from 36 days to just 12 days! There are currently 21 condo listings active and 32 pending.

For more information on Queen Anne (and Seattle) real estate, or if you are curious about what your house might be worth in this strong market, please contact your local real estate broker for a free market analysis and conversation about your home.

 

Photos Above - 

Queen Anne's highest condo listed is Ewing and Clark's $3,985,000 home on W Highland Drive.
 The home features a gorgeous paneled library, marble bathrooms, and Pecan millwork.
 Sweeping views from the Cascades to the Olympics, plus center vista of Mount Rainier, the
 Space Needle, and the Seattle skyline.

Latest Update on the Seattle Childrens Home Project

After the Design Review Board’s approval to proceed came through two months ago on the Seattle Childrens Home project, and additional changes were suggested, the developer responded recently with more updates.

On April 28th, CamWest/Toll Brothers provided these updates to the Land Use Review Committee (LURC) of the Queen Anne Community Council:

  • Reducing the number of townhome units by three, from 62 to 59 units.
  • Bringing some of the units back further from the street to allow for more open space.
  • Widening openings along the street.
  • Adding a street to divide the cluster of homes planned for the center area of the lot.

According to Andrew Miller of CamWest, “We pulled back and made some units smaller, [which gives] the separation the neighborhood wanted.” Some of the other updates to the plan have the additional benefit of “[bringing] in more light and air,” Miller said.

Not surprisingly – due to the ongoing controversy that this project has received – community members had additional requests and suggestions to CamWest’s updates. These included asking for architecture that would sufficiently blend into the neighborhood’s existing style, double handrails on the public easement hill climb, careful assessment of tree drip lines, and saving four elm trees existing on the property.

LURC Chair Marty Kaplan commented in appreciation for CamWest/Toll Bros. ongoing efforts to alleviate the neighbors’ concerns: “I really agree with the commitment you’ve made to keep advancing the plan,” he said. “It’s evident it keeps getting better.”

Now that these updates have been brought before LURC, CamWest will be submitting them for the Master Use Permit very soon – they told the Queen Anne News that they expect to submit the plan within 30 days. Next, they will have to wait on the city’s reply before they can respond, then apply for and schedule a Design Review Board meeting. CamWest’s representative, Miller, estimates that this DRB meeting will take place in late summer or early fall – August or September.

Featured photo from Seattle.gov.

 

Queen Anne Real Estate Recap: March 2014

Single family homes and condos are flying off the shelf in Queen Anne. According to the Northwest Multiple Listing Service, 42 single family homes closed in March of this year at a median price of $725,000.  That dwarfs the 17 sales at a median price of $655,000 in March of 2013.  42 new single family listings came on the market in March compared to 41 a year ago.  When you see the amount of sales in a month almost identical to the number of new listings hitting the market you have yourself a seller’s market!

Queen Anne condo sales also rose sharply from last year with 48 sales in March, 2014 compared to 27 in March, 2013.  The median price remains steady at $316,000 compared to $315,000 in 2013, and the amount of new condo listings hitting the market last month was 44 compared to 51 a year earlier.

To say the Queen Anne real estate market is strong is an understatement.  If you are curious about the Queen Anne real estate market, ask me about it when you see me in the neighborhood or feel free to contact me sooner.

Seattle Townhome Plan Continues to Cause Community Push-Back

The city’s Design Review Board met last night at 8 p.m. at the Queen Anne Community Center to discuss the Seattle Children’s Home site on west Queen Anne. Another community meeting occurred the night before, on Tuesday. Both meetings this week were held to continue the discussion about the planned Seattle townhome development by Toll Brothers for the site – a plan that has controversy in the community.

On Tuesday, neighbors to the property discussed the changing face of Queen Anne as a whole. The neighborhood and the city are growing, which residents of the area understand and appreciate, however they want to ensure that growth is done responsibly and with maintenance of the things people love about where they live.

“Seattle is booming. I happen to think that’s a really good thing,” said Terri Johnston, who has been living in Queen Anne for more than 20 years. “This is about how our neighborhoods are respected and treated as growth happens.”

Currently, the new owners of the Seattle Children’s Home site are planning to have Toll Brothers developers tear down the six old buildings on the property. The structures will then be replaced with 11 three-story townhouses – with about 60 townhomes in total. Plans for the site were released ahead of the design review meeting on Wednesday night – we reported on those last week.

“We’re taking a Berlin Wall-style building and putting it into the heart of a residential neighborhood,” said Susan Allen, another 20-year resident of Queen Anne. “It’s urban sprawl right in the heart of the city.”

The Future Queen Anne group continues to raise awareness for the project and gather signatures to try to have the plan modified to be less dense.

At the design review meeting last night, information and early design concepts were shared, public comments were taken, and high priority design guidelines were provided (in preparation for the Master Use Permit application). We are now waiting to see the Department of Planning and Development’s Early Design Guidance report, which will be sent to attendees of last night’s meeting.

Click here to view the project’s full design review proposal.

Featured photo from Seattle.gov.