Seattle Waterfront Homes: July 2011

Thursday, July 28, 2011

Seattle-Area Waterfront Home Sales Up 12% in First Half 2011

Waterfront homes sales in the Seattle area were up significantly for the first half of 2011. Waterfront sales recorded on the NWMLS for 2010 were at 207 at the halfway point, while that number has risen to 233 sales in 2011.

The 12% increase is another indication that there are some strong pockets in the Seattle real estate market, especially in niche categories with unique value. Certain segments such as waterfront homes, modern homes, and highly-coveted traditional neighborhoods are seeing strong real estate sales and stabilization in prices, even while much of the new construction market is stagnant.

The median price for waterfront real estate sales in King County was $670,000 (waterfront sales include houseboats, riverfront, canal, Puget Sound, and lakefront homes).

Current Listings: Homes For Sale | Condos | Waterfront | Luxury Homes | Bank-Owned

Source: NWMLS Data - This information was not compiled or published by the Northwest Multiple Listing Service

Tuesday, July 26, 2011

Seattle Home Prices Up 1.1%, 3rd Straight Monthly Gain - Case-Shiller/S&P

Seattle-area home prices rose 1.1% from April to May, according to the latest statistics out from Standard & Poors/Case-Shiller. In a welcome bit of news, the Seattle area matched national home pricing trends, as the country's largest cities matched the same 1.1% increase in median sale prices.

This is the third straight month-over-month increase in Seattle homes prices, according to the index.

This follows news from the last month's report showing a 0.7% increases in prices for the country:

http://blog.seattlepi.com/seattlewaterfronthomes/2011/06/30/case-shiller-home-prices-rise-over-3-months-analysts-discuss/

It will take some time to get the real estate market back to a strong recovery, but consecutive monthly gains are showing that there is stabilization of pricing and we may be headed toward that recovery.

Current Listings: Homes For Sale | Condos | Waterfront | Luxury Homes | Bank-Owned

Source: NWMLS Data - This information was not compiled or published by the Northwest Multiple Listing Service

Wednesday, July 13, 2011

Shoreline Waterfront Home in Innis Arden Sells for $1.317 million

Most Shoreline waterfront homes are on high bluffs over the Puget Sound, as was the most recent sale.

A 3,180 square foot home on the high bank waterfront of Innis Arden was sold on the last day of June for $1,317,000. It's a significant sale for the area, with a strong sales price for most of Shoreline outside of The Highlands or Llandover by the Sound.

This home is a mid-century modern home with walls of West-facing glass to capture the sunsets. It was on the market for a few months in 2010, and then came back on the market this spring and sold after just 51 days. The final sale was at 94% of the final list price.

18365 17th Place NW, Shoreline WA 98177 - 3 beds, 2.75 baths, 3,180 sq ft - $1,317,000

Current Listings: Homes For Sale | Condos | Waterfront | Luxury Homes | Bank-Owned

Source: NWMLS Data - This information was not compiled or published by the Northwest Multiple Listing Service

Tuesday, July 12, 2011

$3 Million Kirkland Waterfront Home Sold in June

There are a wide range of styles and prices when it comes to Kirkland waterfront homes, and the most recent sale was certainly near the top of Kirkland's luxury market.

A 6180 square foot home on Rose Point Lane was sold in June for $3.075 million after nearly 15 months on the market, with its sale price garnering 88% of the final list price. This palatial estate sits on 112 feet of Lake Washington waterfront, on the Southwest tip of Juanita Bay, giving it the deep views across the lake along with access to the calm waters of the bay.

At 5 bedrooms and 4.5 baths, the 2001-built home combines the advantages of modern construction's open design along with timeless traditional design features to give it a formal, yet warm feel.

2033 Rose Point Lane, Kirkland WA 98033 - 5 beds, 4.5 baths, 6180 Sq Ft - $3,075,000

Current Listings: Homes For Sale | Condos | Waterfront | Luxury Homes | Bank-Owned

Source: NWMLS Data - This information was not compiled or published by the Northwest Multiple Listing Service

Monday, July 11, 2011

Two Medina Waterfront Homes Sold in June

Two Medina waterfront homes sold in June, both topping the $3 million mark.

The first sale was on the Western side of Evergreen Point Rd, with Seattle city views. I had a chance to tour the home with clients, and at 4500 square feet, it's a sprawling home with walls and walkways of glass, allowing in plenty of sunlight in the afternoon and evening. The home had been on the market for almost a year, with a final selling price of $3 million, about 86% of its final list price.

The second sale was on the protected harbor side of Evergreen Point, on 32nd St. This Fairweather Bay home has over 6000 square feet of living space and a steel bulkhead with plenty of moorage. After around 3 years on the market, this home sold for 90% of its final list price, closing out at $3.575 million.

3640 Evergreen Point Rd, Medina WA - 3 beds, 2.5 baths, 4500 Sq Ft - $3,000,000

7944 NE 32nd St, Medina WA - 5 beds, 4.5 baths, 6070 Sq Ft - $3,575,000

Current Listings: Homes For Sale | Condos | Waterfront | Luxury Homes | Bank-Owned

Source: NWMLS Data - This information was not compiled or published by the Northwest Multiple Listing Service

Saturday, July 9, 2011

2 Bellevue Waterfront Homes Sold in June

Two Bellevue waterfront homes on opposite ends of the city sold during June. The first sale was a small, Frank Lloyed Wright-inspired bungalow on West Lake Sammamish, with an expansive 85 foot swath of waterfront. The property had a slightly quirky parking/entry area, which accounted for its sale price of $1.265 million, much lower than usual for W Lk Samm homes.

The second home was in SW Bellevue, on the Lake Washington shoreline. The waterfront home was only on the market for two days, with a sale price of $1.27 million. The cozy lot has 57 feet of lake frontage and a sizable dock. This was, again, an aggressively-priced home for Bellevue waterfront, leading to its quick sale.

Sold Bellevue Waterfront Homes, June 2011

448 W Lake Sammamish Pkwy, Bellevue WA - 2 beds, 1.5 baths, 1610 Sq Ft - $1,265,000

5011 Lakehurst Lane SE, Bellevue WA - 2 beds, 2.5 baths, 2440 Sq Ft - $1,270,000

Current Listings: Homes For Sale | Condos | Waterfront | Luxury Homes | Bank-Owned

Source: NWMLS Data - This information was not compiled or published by the Northwest Multiple Listing Service

Thursday, July 7, 2011

Seven Sold Seattle Waterfront Homes

Some significant waterfront homes were sold in Seattle this past month, with a handful garnering some of the top prices for 2011 thusfar.

The less-expensive homes were sold on Fairview in Eastlake (a floating home), on Riviera in Cedar Park and Matthews Beach, and on Rainier Ave in the Lakeridge/Bryn Mawr area. Leschi had a much stronger-than-usual showing with two multi-million dollar sales on Lakeside, and Denny-Blaine rounded out the sales with one of its stately residences coming in at $3.65 million.

Address	City	Price	Beds	Baths	Sq Ft
2025 Fairview Ave E #M	Seattle	$475,000	1	1	625
13190 Riviera Place NE	Seattle	$780,000	6	2.75	4,270
10652 Riviera Place NE	Seattle	$870,000	3	1.75	2,000
10884 Rainier Ave S	Seattle	$945,000	4	1.75	2,524
926 Lakeside Ave S	Seattle	$2,380,000	3	3	2,980
1104 Lakeside Ave S	Seattle	$3,485,000	4	4	4,245
218 40th Ave E	Seattle	$3,650,000	7	4.25	7,990

Current Listings: Homes For Sale | Condos | Waterfront | Luxury Homes | Bank-Owned

Source: NWMLS Data - This information was not compiled or published by the Northwest Multiple Listing Service

Seattle Waterfront Homes

Thursday, July 28, 2011

Seattle-Area Waterfront Home Sales Up 12% in First Half 2011

Tuesday, July 26, 2011

Seattle Home Prices Up 1.1%, 3rd Straight Monthly Gain - Case-Shiller/S&P

Wednesday, July 13, 2011

Shoreline Waterfront Home in Innis Arden Sells for $1.317 million

Tuesday, July 12, 2011

$3 Million Kirkland Waterfront Home Sold in June

Monday, July 11, 2011

Two Medina Waterfront Homes Sold in June

Saturday, July 9, 2011

2 Bellevue Waterfront Homes Sold in June

Thursday, July 7, 2011

Seven Sold Seattle Waterfront Homes

Seattle Waterfront Homes

Lake Washington Homes

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