Tag Archives: Seattle Queen Anne News

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.

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.

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!