August Waterfront Real Estate Sales on The Eastside

Waterfront real estate on the Eastside continued a strong summer season, with six million-dollar-plus sales of waterfront homes in August. Just three such homes were sold in 2009 in the same month.

Waterfront home sales on the Eastside have topped 2009 numbers for more than 6 months straight now, and it seems the trend is likely to continue. Although the overall market has slowed a bit from our strong spring, the sales of luxury and waterfront real estate are still more than double the sales numbers of one year ago.

The only segment missing from the waterfront market on the Eastside this month is the high-end luxury market. Recent sales of $5 million+ aren't outpacing last year as much as the $1MM-$5MM range.

Sales this month were located on Lake Sammamish and Lake Washington in Medina, Bellevue, and Sammamish. We also had a couple of "waterfront access" sales in the Kenmore area.

August 2010 Waterfront Real Estate Sales on the Eastside

Address City Price Beds Baths Sq Ft
1460 W Lake Sammamish Pkwy NE Bellevue $1,250,000 4 3.25 3,450
2103 E Beaver Lake Dr SE Sammamish $1,375,000 4 4.25 3,830
457 E Lake Sammamish Pkwy SE Sammamish $1,425,000 2 2.25 2,400
10315 SE 30th St Bellevue $1,575,000 3 3.25 3,940
2841 Evergreen Pt Rd Medina $2,100,000 3,620
49 Skagit Key Bellevue $2,675,000 3 3.00

 

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Sam DeBord
Realtor® | Managing Broker
SeattleHome.com | Washington State Realty, LLC
ph: 206-658-3225 | email: sam(at)SeattleHome.com
Member NWMLS, N.A.R., WA Realtors, Seattle-King County Realtors

Source: Individually compiled NWMLS data. The NWMLS did not compile or publish this information.

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