Tag Archives: Seattle Queen Anne Neighborhood

Queen Anne Real Estate Report – Half of Year

We are halfway through the year and the real estate market is still in an all-time frenzy. There still isn’t much relief for buyers in the Seattle area, with low inventory and prices still climbing high. There were 164 single-family homes sold in Queen Anne between January & June, which is 18 more than we saw this time last year. The median sales price took a small jump from $986,000 (2016) to $989,950 (2017). The lowest price for a home has seen an increase from $182,000 (2016) to $379,000 (2017). There are currently 33 listings active and 48 pending.

Condominium sales in Queen Anne showed some strength these last 6 months. The median cost has gone up from $390,000 (2016) to $475,000 (2017). The average list price has also seen a small jump from $436,804 (2016) to $502,376 (2017). There are currently 21 active and 40 condos pending, one of which listed by Ewing and Clark for $3,985,000.

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.

 

June Real Estate Report

 

 

QUEEN ANNE 2

Queen Anne is a good example of the growth for real estate in Seattle. It may not be growing as quickly as some neighborhoods, but nonetheless it is showing some strength. There are currently 78 active listings and 71 pending. According to the NWMLS, last June there were 91 sales and this past month there were 90. Even though close in number, it still beats 64 in 2014. The median sales price for a home is up to $648,000, compared to $550,000 (2015) and $546,000(2014). The highest price for a home has dropped from $5,100,000 to $2,500,000 and the lowest is up by a little less than $900. For a neighborhood so close to the booming Downtown market and all the amenities, maybe Seattle transplants will start buying in Queen Anne.

For listings in the neighborhood, click on the photo above!

Concerning School Violence Threats Near Queen Anne

Violence in schools is always appalling, horrible, and ultimately heartbreaking. After the terrible tragedy of the shooting at Marysville-Pilchuck High School, the more recent instances of school violence at schools near Queen Anne are especially distressing.

Last Monday, October 27th, a 16-year-old student at the Seattle Center’s Center School was arrested for bringing Molotov cocktail to school. Police had received a tip that the student brought the device, and promptly arrived on the scene to take the student into custody. As a precaution, the school was evacuated. No one was injured in the incident. The Center School officials cancelled classes for the day after the arrest, and Seattle Center Armory was re-opened just before 11 a.m. While SPD detectives continue to investigate this incident of school violence, they do plan to book the student into the Youth Service Center of King County for possession of an incendiary device.

After the June 5th shooting at Seattle Pacific University earlier this year, where one student was killed and two others were wounded, it is horrific that the local private university should experience another threat of school violence. But the campus was put on lockdown on Friday, October 31st after one of its students received a threatening text message. Reportedly, the text message came from the student’s ex-girlfriend, stating that she was going to kill the student and his friends on the SPU campus. The student reported the text to school officials and police, who responded quickly. SPD determined that the woman was no where near the campus, and she was located and arrested at a home near Burlington by Skagit County deputies. The suspect has been booked into King County Jail for an investigation into harassment.

Queen Anne parents, please continue to encourage your students to report any suspicious or concerning events to school authorities and police. The safety of our schools and our community is of utmost importance.

Featured photo source – Marysville-Pilchuk High School.