By Courtney, on August 2nd, 2010%
 Queen Anne Real Estate Update: What Queen Anne Buyers Have Been Closing On – Queen Anne homes sales for the last 30 days in the MLS.
Looking at the Queen Anne homes that have sold over the last 30 days:
I did include Queen Anne townhomes, but excluded Seattle houseboats on the Westlake side and also Queen Anne condos. In the MLS over the last 30 days for the Seattle neighborhood of Queen Anne, there have been 19 closed homes – these are Queen Anne real estate sales that have closed in escrow and changed hands.
So what have buyers bought on Queen Anne Hill?
19 Queen Anne homes ranging in price between $339,000 (210 Boston St #A) and $2,250,000 (1425 Willard Ave W) with a median price of $750,000.
How Long Does A Queen Anne Home Stay On The Market Right Now?
The average days on market for Queen Anne homes that sold this last month was 80 days and the sales price to listing price ratio that was settled on averaged at 98% with a range of 90.18% ( a 4 bedroom/4.25 bath home at 1425 Willard Ave W with 5290 square feet built in 2006) to 103.66%(a 3 bedroom 1.5 bath 1941 home with 2460 square feet at 1114 8th Ave W).
Other interesting info? 3 of these were Queen Anne townhomes (Boston Street, Taylor Ave, and Olympic Place). Average dollar per square foot overall for all 19 of these homes that sold was $301.49.
By molly, on June 27th, 2010%
I wrote a blog earlier about Backyard Cottages in Seattle or Detatched Dwelling Units. Since then, I’ve had numerous questions about them.
Whether you are considering a Backyard Cottage on your at least 4,000 square foot lot as a rental property, for an elderly family member, or a grown child you need to know the max square footage the structure can be is 800 sq ft. This includes any carport, attached garage, or storage.
You can decide to go through a contractor and architect or get a panelized or modular fabricated design. Fabricated is the fastest, and designed much like building blocks. Panelized takes a little more time and can be more customized.
It’s no secret adding a Backyard Cottage on your property can add extra monthly income. However there are some costs involved. Here is a link to a handy worksheet that breaks down Hard Costs and Soft Costs. Example of a Hard Cost is demolition or site preparation. A Soft Cost is a mortgage, or fees for utility hookups. Which aren’t cheap, by the way! Seattle City Light recommends separate electricity meters. This will save you way more money in the long run.
Make sure you save room for a parking space for your Backyard Cottage – this is a requirement!
For more information regarding Backyard Cottages and self help steps to diagrams, permits, and more – this site wins, hands down.
Check back frequently to www.cooperjacobs.com for our Backyard Cottage listings in Seattle City Limits.
By Courtney, on June 24th, 2010%
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
By Courtney, on April 26th, 2010%
 The tax credit deadline approaches faster than ever now -
you need to get a purchase and sale contract signed around by this week if you want to take advantage of the current home buyer tax credit. That is the fact, but don’t allow that to impact your decision process when purchasing. Being under the gun over a tax credit seems pretty silly when trying to make a much bigger decision overall. My suspicion is that there might be quite a bit of buyer remorse when those IRS checks come in. You would hate to be sitting with your $8000 in a home that as you look around just does not feel right.
My suggestion instead is to take your time and really find the home that is going to work for you and your goals. Choosing a home in a rush over a credit which is tiny when compared to the purchase price overall is like buying a brand new car because they give you a free junky toaster. It’s a little gimmicky.
Why not take your time and find the perfect property and let your Realtor negotiate it to make up for not getting that free toaster… I mean credit?
The competition will be less fierce as the feeding frenzy ends and the pressure will be lessened so that you can really focus in on whether or not the house truly works for you! You can find current inventory here: Seattle Real Estate
By Courtney, on October 29th, 2009%
Upper Queen Anne is beautiful – I especially love the retail all along Queen Anne Ave N and the walkability that most of the homes in this area offer. I wanted to look at homes in the Upper Queen Anne neighborhood of Seattle that score extremely high on Walk Score so I looked at the market just from 4th Ave W all the way East to 4th Ave N and from W Smith Street and Queen Anne Dr to the North down to W Lee St and Lee St where the hill starts really impeding walkability. I would expect that all of these houses score in the high 80s to well over 90 on Walk Score’s site.
 Queen Anne’s real estate market has been very active this year and Upper Queen Anne especially. These numbers do not include townhomes which I will pull out separately in another post. There are currently 16 Active homes in this area of the Queen Anne neighborhood. There are 6 pending homes and 37 sold in the last six months. Queen Anne homes are selling!
Active Queen Anne lisintg: These are Queen Anne homes that are available right now on the market.These range in price from $525,000 to $1,545,000 with an average of $826,557 and a median list price of $783,835. I have previewed or toured most of these and there are some amazing offerings included so let me know if you are interested and I can show you my favorites. Pending Sales: This is Queen Anne Real estate that has not closed yet, but has offers. Sold homes: 37 in the last 6 months!!!! This is great news! They range in price from a very affordable $375,000 to $1,900,000 with an average of $741,5111 and a median of $660,000. Average days on market was 68 days for Queen Anne homes.
Average listing price per square foot is $309 for these homes and average selling price per square foot is $306.
Happy Halloween Queen Anne!
By Courtney, on February 3rd, 2009%
 HMMM..
I figured I would go ahead and share some of the stats I just passed along to a client since they were of interest to me:
Area 700 (Queen Anne and Magnolia) in Seattle info for price range $800,000 to $1,000,000
How many houses sold in December 2008 and January 2009? There were 3 closed sales – all in December in area 700 in that price range. In addition, there is one Pending listing. This is a listing that is waiting to close.
Current inventory of available homes in market area 700 in the same price range? There are currently 35 homes available in that price range and market area that are marked as ACTIVE. In addition, there is one property that is marked “Contingent” – it has an offer from a buyer who needs to sell their house first.
Staggering numbers in this range as far as active inventory, but the days on market average is still only 71 days for the 35 actives. To only have 3 sales is not as surprising based on the holiday season and also the recent winter storms, but by contrast residential sales under $800,000 in area 700 (Queen Anne and Magnolia) were much greater at 35 closed sales since December 1st. The smaller price range is definitely moving faster as many first timers who are qualified come out for ideal market conditions.
Flexibility in price and supreme market presentation is going to be key to standing out in this crowd!
Need more info on Queen Anne real estate?
Need more info on Magnolia real estate?
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Seattle's beautiful & historic Queen Anne Neighborhood: Upper Queen Anne along the Ave, East Queen Anne, North Queen Anne, Lower Queen Anne (Uptown), and West Queen Anne - Learn more here! Let us know if you have a tip for Queen Anne Boulevard!
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