The Madison Park real estate market (including Washington Park real estate) had five sales in February. Five sales would be impressive if not for last year. Last year there were twelve sales in February compared to one sale in 2012 and two sales in 2011. There are currently thirteen active listings in the Madison Park / Washington Park area totaling nearly $22 million and twelve sales pending with a current list price of nearly $19 million.
Central Seattle real estate, which basically includes the area from the Montlake Cut to I-90 and from Lake Washington to I-5, is showing signs of strength. While the median year-to-date sales price is down from $619,000 to $577,475, the average year-to-date sales price is actually up from $729,042 to $736,659. In addition, year-to-date sales for the first two months are up with 88 sales in 2014 versus 79 sales in 2013. Inventory is also tighter than last year down from 128 to 93 active listings in the month of February.
If you have any questions about the Seattle real estate market, please feel to reach out to a local Seattle real estate agent.
Above pictured Washington Park home is available for purchase for $2,485,000. Click previous link for details.
This beautifully restored five-bedroom 1928 Colonial is now up for sale in Washington Park. This home has classic style but has been updated with all new bathrooms with heated, tiled showers, and a completely remodeled lower level, featuring heated concrete floors, great laundry room, homework room, and recreation room with fireplace. Enjoy Mt. Rainier and Lake Washington views from the master suite, which also boasts a stunning bathroom, dressing room and den. Extra bonuses include a two-car garage with heated floors, a 700-bottle wine cellar and whole-house water filter. This home and its surrounding grounds are absolutely beautiful. For more information about this listing or other listings in the Madison Park neighborhood, contact your local real estate agent today.
This exceptional Roland Terry modern home in Washington Park, is now available, with panoramic views of Lake Washington, Cascades and Mt Rainier. These views can be seen from the floor to ceiling windows in nearly every room of the home. Features include high ceilings, open floor plans, three fireplaces, walls of glass and dramatic spaces. Fine materials are used throughout the home including hemlock paneling and Irene MacGowan light fixtures. The third floor includes unforgettable “crow’s nest” views, and the expansive grounds are beautifully manicured with fountains, and tranquil terraces. The 3 bed 3.5 bath home is located on the much sought after McGilvra Blvd E, where two homes have recently sold for over $4,000,000. There are other listings for sale on McGilvra including 715 McGilvra, and rentals like this one located at 731 McGilvra Blvd. For more information on this listing, or other listings in the Madison Park neighborhood, contact your local real estate agent today.