Queen Anne real estate has been pretty busy this year so far!
There have been some Queen Anne short sales and Queen Anne foreclosures, but thankfully for the most part they aren’t affecting our market as much as other Seattle neighborhoods are seeing an impact.
Single family Queen Anne residential sales – Queen Anne homes in this category: there are currently 87 Queen Anne homes for sale (excluding floating homes in Westlake) ranging from $289,950 to $7,200,000. The median price of a Queen Anne home for sale in the Seattle MLS right now is $769,950 and average dollar per square foot is $317.13. Interesting homes of note to me in this batch is the hugely remodeled Fred Betts House at 700 W Kinnear which you can view in it’s earlier state while being lived in by Mr. Betts here. The other real beauty is at 120 Prospect St – it reminds me so much of the Ballard Mansion! It is a gorgeous classical Georgian Colonial and right in the heart of the Southeast Slope and only a block and a half east of Queen Anne Ave. right before Prospect curves up into Bigelow.
Queen Anne Mansions & Queen Anne Boulevard – a couple notes: I love Queen Anne mansions and homes on Queen Anne Boulevard are unique to other Queen Anne homes in a couple different ways. Queen Anne Boulevard is a trail that covers many streets as it circles the picturesque crown of beautiful Queen Anne. Many of the homes that align Queen Anne Boulevard appear to have large yards, but the fact of that matter is that in some cases unsuspecting buyers (and agents for that matter) have purchased (or sold) a home on Queen Anne Boulevard only to find out that the new buyers do not actually own a large portion of the front yard.
Queen Anne Boulevard is part of the parks system and the land surrounding much of it is also public land. This was not a pleasant surprise I am sure for someone buying on the Boulevard and finding a jogger or walker resting in their flower bed, but the Boulevard has great benefits, too – think of it as living front row to one of Seattle’s great trail systems or living along the crown jewel of the neighborhood of Queen Anne.
Pending Queen Anne Homes for sale in The MLS: There are a few categories of Pending in the NWMLS so I will go over each. Pending Inspection is just how it sounds and there are 9 Queen Anne homes under contract ranging from $359,950 to $1,180,000 with a median price of $529,500 and an average days on market of 93. Pending BU is a status that is for homes pending and waiting to close, but for some reason the owner or agent is asking for a back up. This does not always mean that there is trouble with the first deal. In some cases it is a tactic of the listing agent to attract more potential buyers to sell other homes to (sorry I call it how it is since I have seen this first hand a few times while selling a particular property.). There are 2 Pending BU Queen Anne homes on the market in the low $400k range. The other homes that are pending are just waiting to close – they have gone through any potential inspections, etc. These range in price from $299,000 to $2,495,000 with a median price of $744,500 and average days on market of 37 days.
Sold Queen Anne Real estate in the MLS: These are Queen Anne sold homes in the last 30 days out of the NWMLS and compiled as they are above by me. Twelve Queen Anne homes for sale in the MLS have sold in the last 30 days – these are single family homes and do not include Queen Anne co-ops and condos. These sold homes which have closed in escrow range in sales price from $472,500 to $1,515,000 with a median sales price of $777,500. They wer eon the market an average of 74 days with a low of 4 and high of 211.
Let us know if you need help buying or selling Queen Anne real estate. We are happy to help you get your Queen Anne home ready for the market so that it will be included in these sales numbers in the future:) As you can see from the numbers above, Queen Anne homes for sale come in all ranges and there is no clear trend as to what is selling except for price , condition, marketing, and presentation. Contact us here: Queen Anne Realtors