Laurelhurst real estate market update – what has happened in the MLS in Seattle’s Laurelhurst neighborhood since our last update on March 10^th (Laurelhurst real estate Market update for March 2010)? Here are the latest market numbers Seattle Laurelhurst homes sales –

There are 19 active Laurelhurst homes for sale right now in the MLS. They range in price from $399,950 for a home on Sand Point Way to $6,800,000 for a Laurelhurst waterfront property at Webster Point. Although there are several homes well over a million dollars and multiple that are multi million, the median price of Laurelhurst homes for sale right now still is where I expect it to be at $949,000. That median price is where the action is with Laurelhurst buyers, too. If you have a nicely presented home within the Laurelhurst Beach Club boundaries that happens to also have some great Lake Washington, mountain or city views, then your home will usually sell faster and with multiple offers. Days on market for all Active status Laurelhurst listings on these homes range from 1 to 674 days with a median of 33 days.

There are 16 Laurelhurst homes in the MLS that are marked as some type of Pending. Price range is $545,000 to $2,950,000 with a median of $799,000 and median days on market of 28 day. Since my last update on March 10^th, 5 homes have closed. They range in price from $525,000 to $2,500,000 for list price and $525,000 to $2,425,000 for sale price. These five Laurelhurst sold homes include three that happen to be over two million with great views or Lake Washington waterfront! Here are some interesting details on those:

1. 55^th Ave NE 5/4.5 built in 1929 LP $2,395,000 SP $2,172,500 SP%LP 90.71% 152 DOM

   WATERFRONT In the Laurelhurst Beach Club area, beautiful Tudor on dead end street, dock, boat house with hoist

2. 50^th Ave NE 4/3.75 5131 sq feet, built in 1991. LP $2,500,000 SP $2,250,000 SP%LP 90% $438.51/sq foot 47 DOM

   NOT WATERFRONT, Laurelhurst view home, Laurelhurst Beach Club area

3. 55^th Ave NE 5/3.75 3460 sq feet, built in 1939 LP $2,488,880 SP $2,425,000 SP%LP 97.43% $700.87/sq ft 3 DOM

   WATERFRONT 50 feet of waterfront in Laurelhurst Beach Club Boundaries

Look for the next update soon and let us know if you have specific questions about what your home might be worth. There is a wide variety in pricing in Laurelhurst depending on amenities, but there are buyers out there right now! Alternatively, if you are thinking about moving to Laurelhurst, let us show you around and explain some of the highlights of the neighborhood. Feel free to get in touch with us homes@laurelhurstview.com