Upper Queen Anne Real Estate Market Update

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 real estateQueen 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!

Queen Anne Homes

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).