Queen Anne Real Estate Update Residential

Queen Anne real estateSeattle’s Queen Anne Neighborhood real estate update: Residential Active listings (homes for sale), Pending listings (Queen Anne homes under agreement and either pending inspection or pending close – basically in escrow), and solds (homes which have closed and we have sales data for them.  All home data taken from NWMLS listings info. Residential is basically anything that is not a condo or a co-op, etc. so Queen Anne Townhomes are included in numbers.  Let me know if you want those broken out this time.

Active Seattle WA Queen Anne Homes For Sale: These are the single family houses for sale in Seattle’s Queen Anne neighborhood.  Currently in Seattle, there are 127 Active listings in the NWMLS for Queen Anne homes (I am excluding a Seattle houseboat that is a vessel and not a single family home marked in the neighborhood).  In looking at distressed homes vs. “normal” listings, there are only 3 active Queen Anne Real estate listings that are bank owned (REO).  The active Queen Anne real estate listings range in list price from $329,000 (for an REO) to $7,200,000 for an amazing 1926 Seattle mansion on Comstock with 10,000 square feet.  The average price is $1,083,573 and the median listing price of these is $777,770.  Average days on market is at about 88.  There is also one Contingent listing at a price of $1,950,000.

Pending Homes in Queen Anne: Currently there are 46 Queen Anne homes that are marked as pending in the MLS.  They range in price from $349,000 to $1,350,000 with a median of $612,000 and average days on market of 66 days.

Let’s talk about the Queen Anne sales in the last six months…

Again, I am excluding vessels here, but there have been 137 Queen Anne homes closed in the last six months.  They range in price form $345,000 to $4,300,000 with a median of $625,000 and average days on market of 63 days.  These homes are generally selling for 95% and above of list price with some exceptions of course.  Seattle real estate has been interesting this year, but Queen Anne’s real estate market is still moving.

Queen Anne Real Estate Distressed Neighborhood?  I think not. While some may have trouble making their mortgage payments, this Seattle neighborhood is not overall distressed and holding strong.  Single family residential REO (foreclosure) Queen Anne numbers are as follows:  11 Total REO properties in Queen Anne – 3 Active for sale, 2 Pending, 6 sold – no short sales in Queen Anne (that have been marked correctly in the MLS).