Volume of Queen Anne Sales in August Up from 2010

According to the Northwest Multiple Listing Service, 43 units were sold in Queen Anne in August, 2011.  That number is up sharply from the 34 units sold in August 2010.  There were 23 residential units sold in August, 2011 compared to 19 units in 2010.  August, 2011 saw 20 condo units sold compared to 15 in 2010.

Pricing continues to lag behind 2010, however.  Residential median sales price for August, 2011 was $595,000 at an avg. of $265 per sq. ft.   2010 saw a median sales price of $618,000 at an avg. of $307 per sq. ft.  Condos are a similar story.  August, 2011 median sales price of $240,000 at an avg. of $297 per sq. ft.  2010 saw a median sales price of $304,000 at a lower $286 per sq. ft.  Based on first hand experience there is strong demand in Queen Anne relative to the rest of the market!

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