Queen Anne Real Estate Update: What Queen Anne Buyers Have Been Closing On

Queen Anne Real Estate Update:  What Queen Anne Buyers Have Been Closing OnQueen 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.

Seller Leaves Belongings Behind

Seller Leaves Belongings Behind.  You’ve been patiently waiting to move into your new home.  The day has finally arrived!  You turn the key to open your new home only to find the seller’s belongings left behind.  And I don’t mean a cool lampshade or a piece of art you could work into your decore’.  I mean three queen size mattress, old cleaning products under the sink, and a broken desk.  What does a buyer to do?  The home is technically yours now but the seller’s Realtor has promised to remove the items his client left behind

Has this happened to you?  What’s your recourse?  In the Purchase and Sale Agreement in residential sales, the Optional Clauses states that any personal property, fixtures, or other items remaining on the property when property is transferred shall become the property of the buyer.  However, seller agrees to clean the interiors of any structures, and remove all trash, debris, and rubbish on the property before buyer takes possession.

Even conducting a walk through of the property before closing unfortunately cannot prepare you for what could happen:  three queen size mattresses in the garage that were promised to be removed.  Bottom line: what’s in the house when the buyer takes possession is the new home owner’s responsibility.  And although it’s an extra trip to the dump for you, getting the crawl space dug out or the electrical panel to code at the expense of the seller is far more important than that broken desk discretly discarded in the driveway of your new home.

Backyard Cottages In Seattle

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.

Queen Anne Real Estate Update Halfway through 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

Queen Anne Top Selling Home Improvements On A Budget

Top 5 Selling Improvements On A Budget: You should know putting a new roof or stainless steel appliances in the kitchen won’t necessarily sell your home faster and you definitely won’t recoup the cost.

So what does help improve our home when it’s up for sale that won’t cost an arm and a leg?

Number 1:  CLEAN UP.  I mean take your home to the next level.  Hire a pro and give it a deep cleaning.  Remember how great it looks and smells afterwards?  Keep that up with a weekly clean (either you or a pro) and it will really pay off with first impressions.  Also make small repairs, ie: broken outlets, door latches, flaws that the buyer views as signs of deeper problems.

Number 2:  STORE YOUR CLUTTER.  $100 a month for a storage unit (or a good friend or relative’s use of their garage) to store those holiday decorations, extra kitchen pots and pans, arts and crafts, and extra clothes in the closets.  It will make your house look bigger, brighter, and more valuable.

Number 3:  TIDY THE YARD.  Again, first impressions and curb appeal.  It’s not necessary to uproot the junipers and jack hammer the cement pathway.  Simple put color spots or planters in empty places, rip out any weeds and mow any grass.

Number 4:  PAINT.  Interior and exterior.  It’s likely to cost less for you to do it before selling.  You’ll recoup more in the long run.

Number 5: REPLACE HARDWARE:  Instead of remodeling that kitchen, just paint cupboards and pick out new hardware.

For most, the value added is a mere fraction of the cost.  So it’s in your best interest to do these small steps above by honing in on attention to detail for a greater return.

Queen Anne Real Estate Update 2010

Queen Anne Blog About Queen Anne Neighborhood and Homes For Sale:  Queen Anne Real Estate Update 2010

Queen Anne has been MOVING! Lots of new inventory to choose from, too.  There are 102 Active Residential Queen Anne listings right now!  Homes range from a $249,000 for a “multi level” which usually means townhouse by the way to a $4,950,000 for a newer beauty on Highland Drive.

Queen Anne View homesAt $649,000, you can get a Queen Anne view townhome with sweeping views of the Puget Sound listed by my friend Claudia.  This is a really great place, by the way.  I sold the one next door just a couple months ago and these places are a knock out!!!  They have high end finish work and the builders are dolls.  The listing agent was also a dream to work with. I also happen to personally know that the neighbors are nice.  Claudia also has a commercial space on Aurora listed for very cheap if you are interested – $138,000 in Queen Anne for commercial!

Queen Anne Townhomes: There is a large segment of these active residential listings that are townhomes and you can get some nice views from the newer ones that are laid out to take into consideration the view.  Take the Ward Street Townhomes, for instance.  I just sold one of those last month – they are amazing! I sold 566C which had an amazing roof top deck with a gas fireplace and sweeping views of the city, bamboo floors, and more – very cool and one of the buildings which happens to be under that Sterling Saving special right now where you can get the lender to contribute up to $20k towards your closing costs, etc.

Queen Anne Pending Sales – Right now under contract, there are 19 homes for sale in Queen Anne waiting to close – they range from  $325,000 for a short sale to $1,965,000 for one of the wonderful West Queen Anne School units (- the Gym:)  I am pretty sure my kids’ great grandfather must have gone here as a boy.  I love that they converted these back in the eighties and this unit is spectacular. )

It’s a Queen Anne blog post about real estate so let’s look at sales… There have been 133 Queen Anne residential homes sold in the last six months!  Queen Anne is selling!  Average listing price of these was $695,827 and the average selling price was $667,349.  Average $ per square foot on selling price for these Queen Anne homes for sale was $284.

Queen Anne real estate tips:  if you have a home to sell, now is a good time – Queen Anne is known to be a strong real estate market and there is a good demand for homes that are priced well and presented nicely – both in person and definitely on the internet.  Buyers want well maintained homes and view homes are of course popular, but proximity to Queen Anne Ave and the Boulevard for shopping and trails is also important.  Look at your WalkScore and see how your home rates.  Walk ability and accessibility is becoming more and more important to many Queen Anen buyers.

Builder Bonus Program 3% Up To $20k!

seattle real estateBuilder perks here from Sterling!

I was please when I got my latest Sterling flyer from Matt:

Sterling Savings has extended their awesome 3% up to $20,000 towards your closing costs program for qualifying Seattle area properties.

Purchase and sale contracts need to be written prior to 1/31 and close by 2/26.  This credit is a great way to help finance a new home – there are some great projects that qualify, too!

Let us know if you need more details or want to look at some of the great places that qualify!  There are some wonderful Queen Anne townhomes that I know of that fit right into the program – some listed – some not yet.  You can also find additional home listings for the neighborhood here: Queen Anne real estate

West Queen Anne Real Estate Update December 2009

West Queen Anne homesSeattle’s Queen Anne neighborhood has had some beautiful sunny days in the last weeks and West Queen Anne is particularly gorgeous perched over the Puget Sound.  This picture was taken the day after Thanksgiving for anyone who doubts we get sun in the winter at all.

Here is your West Queen Anne real estate update for the December 2009 home selling market. You can find West Queen Anne real homes for sale and other Queen Anne real estate on my site if you want to see all current listings, but here are the numbers for tonight:

West Queen Anne homes for sale:  Currently there are 47 West Queen Anne homes for sale in zip code 98119. They range in price from $340,000 for a home on the far West slope near Smith Cove on 14th to $4,890,000 for 602 W Highland which is a newer Queen Anne home in the very perfect spot on that gorgeous Southwest slope.  The average price in zip code 98119 for homes on the market right now is $1,004,633 and the median is $650,000.  The average days on market (DOM) for these is 97 days.  There is also one home marked contingent in West Queen Anne priced at $1,185,000.

Queen Anne homes SeattlePending homes in West Queen Anne: These are homes that have received offers on them.  There are 12 pending West Queen Anne homes on the market right now ranging in price from $349,950 to $1,075,000 with and average price of $696,599 and a median price of $742,500.

West Queen Anne home sales last six months: In the last six months, 86 West Queen Anne homes have sold in zip code 98119.  These sold and closed home listings range from $199,000 for an extreme fixer to $4,300,000 with an average of $800,639 and a median sales price of $645,000.  The average days on market over the last six months? 72 days.

Conclusion:  West Queen Anne is selling!  But how do these numbers stack up to previous years of sales in 98119 for the same period?

2006 Total Volume: $75,463,950 Avg/Med Price: $804,451/$699,950 Avg DOM: 35

2007 Total Volume $62,104,075  Avg/Med Price: $874,705/$700,000 Avg DOM: 35

2008 Total Volume $34,368,800  Avg/Med Price: $781,109/$636,000 Avg DOM: 73

2009 Total Volume $68,854,945  Avg/Med Price: $800,639/$645,000 Avg DOM: 72

The sales volume itself is the best it has been in over three years! It doubled last year for the same period and then some!  Prices have definitely gone down and days on market are longer, but a well priced house will sell and there are buyers out there buying West Queen Anne.  In fact, inventory in this Seattle neighborhood is actually one of the problems while working with buyers in this area so if you are thinking of selling, please do consider getting an evaluation!

(I took out the Queen Anne townhomes for this property list, but you can find Queen Anne townhouses andQueen Anne condos on the site, too, if that is what you are after.)  Please also feel free to get in touch with us if you have any questions at all about Seattle real estate.

Queen Anne West Slope Real Estate

Queen Anne West slope real estate is hopping -there are some wonderful homes out there right now and Queen Anne has been selling pretty quickly given that this is the 2009 Seattle real estate market!

West of Queen Anne Ave N all the way over to 10th Ave W and from about Prospect up North to McGraw was where we were focusing today and there are some wonderful choices in the $600,000 to $1,000,000 range. Amazing sweeping Puget Sound views can be had for under a million in this neighborhood, especially if you are willing to put in a little elbow grease fixing the house up to make it perfect.

Queen Anne character: There are a lot of extremely gorgeous tree lined streets with thick sidewalks and walking paths that even Green Lake could envy on a day such as today. The Queen Anne home pictured above is appointed towards the Sound and mountains and perched above the lovely Wilcox Wall high up on on the West slope of Queen Anne.

Queen Anne Real Estate:  Listed Queen Anne homes on the West slope are moving fairly quickly. If you have a nice home that is at least three bedrooms in this ten by ten block area of the West slope of Queen Anne, please let me know!  I have a buyer who really wants to move here and we are seeing everything.  This particular area has a nice mix of easy bus route right Downtown  (bus 1) as well as easy walk to Queen Anne Ave for all the great Upper Queen Anne merchants, plus Trader Joe’s and the library are right here, too!

If you are interested in Queen Anne real estate, please let us know – we are happy to show you some of our favorite spots and homes available for sale in this wonderful Seattle neighborhood.

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