Based on Northwest Multiple Listing service data here is the information about Seattle luxury condo and home inventory and sales.

Luxury areas reported: Downtown Seattle, Queen Anne / Magnolia, East Central Seattle, Northeast Seattle, West of Bellevue, Kirkland and Mercer Island (condos & homes priced at $1,000,000 and up).

There were 436 Seattle luxury condos & homes available in April 2012, up 5% from March 2012.

Average price of luxury condos and homes on the market was $2,424,481 in all reported areas combined in April 2012, down 5% from March 2012.

Median price of luxury condos and homes on the market was $1,764,857 in all reported areas combined in April 2012, no change from March 2012.

Sales were up 18% in April 2012 in all reported areas combined.

Seattle luxury condo and home average sale price was $1,516,837 in April 2012, down 7% from March 2012.

Seattle luxury condo and home median sale price was $1,273,071 in April 2012, down 17% from March 2012.

Information deemed reliable but not guaranteed.

Information and photos posted by Ally Wangsness and may not be copied, reproduced or republished without the written permission of Ally Wangsness, Broker, RE/MAX Metro Realty, Inc.

There are 439 luxury properties priced at $1,000,000 and up available in the greater Seattle area at this time. Areas reported: Downtown Seattle, Queen Anne / Magnolia and surrounding neighborhoods, East Central Seattle, Northeast Seattle, West Bellevue, Kirkland and Mercer Island.

Below are 3 charts showing luxury condo & home inventory.

Greater Seattle area luxury condos & homes for sale

$1,000,000 – $2,999,999

$3,000,000 – $6,999,999

$7,000,000 – $30,000,000

Absorption rate* based on February – April 2012 sales

Absorption rate in $1,000,000 – $3,999,999 price range based on 3 months sales

Missing parts indicate that there were no sales within certain price range or there are no available properties.

*Absorption rate is an estimate of number of months it would take to sell current inventory at the current pace of the market if there are no changes in the market.

Absorption rate 0 to 5 months typically indicates that it is seller’s market

Absorption rate 5 to 7 months typically indicates that it is balanced market

Absorption rate 7 + months typically indicates that it is buyer’s market

58 Seattle luxury homes and condos sold in reported neighborhoods in April 2012

More information about sales, including Year-To-Date sales will be provided in a different post.

Information based on Northwest MLS statistics.

Information deemed reliable but not guaranteed.

Information and photos posted by Ally Wangsness and may not be copied, reproduced or republished without the written permission of Ally Wangsness, Broker, RE/MAX Metro Realty, Inc.

Some time ago my kids and I took a trip to Seattle Aquarium. It was a fun time. Here are a few pictures I took.

Photos posted by Ally Wangsness and may not be copied, reproduced or republished without the written permission of Ally Wangsness, Broker, RE/MAX Metro Realty, Inc.

Not long ago I posted about Downtown Seattle distressed condos and Magnolia homes.

Let’s see how many distressed properties sold within last 2 years, 1st quarter of 2012, how many are on the market and pending sales at this time in Northeast Seattle neighborhoods.

Seattle neighborhoods reported: Laurelhurst, Windermere, Hawthorne Hills, View Ridge, Bryant and Ravenna.

This report does not include condos.

Sales in 2010

Out of 348 sales 332 were regular sales, 11 were short sales and 5 were bank owned home sales

Short sales by neighborhood: Bryant – 5 sales; Hawthorne Hills – 3 sales; Laurelhurst, Ravenna & View Ridge – 1 sale in each neighborhood.

Bank owned homes by neighborhood: Laurelhurst & Ravenna – 2 sales in each neighborhood; Bryant – 1 sale.

Sales in 2011

Out of 356 sales 333 were regular sales, 14 were short sales and 9 were bank owned home sales

Short sales by neighborhood: Ravenna – 6 sales; Hawthorne Hills & Laurelhurst – 3 sales in each neighborhood; Bryant – 2 sales.

Bank owned homes by neighborhood: Ravenna – 4 sales; Hawthorne Hills – 3 sales; Laurelhurst & View Ridge – 1 sale in each neighborhood.

Sales in 1st quarter of 2012

Out of 58 pending sales 54 are regular sales 3 are short sales and 1 is bank owned home.

Short sales by neighborhood: Ravenna – 2 sales and View Ridge – 1 sale.

Bank owned home was sold in Bryant.

Pending sales

Out of 57 pending sales 51 were regular sales and 6 were short sales.

Pending short sales by neighborhood: Ravenna – 4 pending sales; Bryant – 2 pending sales.

Available homes

Out of 43 homes on the market 41 are regular sales, 1 is short sale and 1 is bank owned home.

Short sale is in Laurelhurst; bank owned home is in Hawthorne Hills.

With very few distressed properties on the market I believe that home owners in reported Northeast Seattle neighborhoods might feel optimistic.

Information based on Northwest MLS data.

Information deemed reliable but not guaranteed.

Information and photos posted by Ally Wangsness and may not be copied, reproduced or republished without the written permission of Ally Wangsness, Broker, RE/MAX Metro Realty, Inc.

Based on Northwest Multiple Listing Service data here is an update on condo and home inventory and sales in reported greater Seattle areas in 12 months.

Areas reported: Downtown Seattle, Queen Anne / Magnolia and surrounding neighborhoods (Interbay, Lake Union, Westlake), East Central Seattle (Capitol Hill, Madison Park, Madrona, Washington Park and surrounding neighborhoods), Northeast Seattle (Laurelhurst, Windermere, Hawthorne Hills, View Ridge, Bryant, Ravenna and other neighborhoods from Lake Washington to Shoreline), Northwest Seattle (Ballard, Greenlake, Wallingford, Fremont, Blue Ridge and surrounding neighborhoods), West Bellevue (Clyde Hill, Medina, Beaux Arts and surrounding neighborhoods) Kirkland and Mercer Island.

Information in this post includes condos in Downtown Seattle and homes in other reported neighborhoods.

Inventory

Seattle

Eastside

Sales within last 12 months

Seattle

The lowest amount of sales in Seattle – 25 in Queen Anne / Magnolia in October 2011, January and February 2012 and in Downtown Seattle in February 2012

The highest amount of sales in Seattle – 145 in Northwest Seattle in June 2011

Eastside

The lowest amount of sales in Eastside – 9 on Mercer Island in February 2012

The highest amount of sales in Eastside – 70 in Kirkland in May 2011

Average sale price

Seattle

The lowest average sale price in Seattle – $401,324 in Northwest Seattle in January 2012

The highest average sale price in Seattle – $834,984 in East Central Seattle in July 2011

Eastside

The lowest average sale price in Eastside – $513,334 in Kirkland in March 2012

The highest average sale price in Eastside – $1,770,250 on Mercer Island in October 2011

Median sale price

Seattle

The lowest median sale price in Seattle – $309,000 in Downtown Seattle in April 2011

The highest median sale price in Seattle – $636,070 in East Central Seattle in January 2012

Eastside

The lowest median sale price in Eastside – $446,970 in Kirkland in February 2012

The highest median sale price in Eastside – $1,300,000 in West Bellevue in February 2012

Information based on Northwest Multiple Listing Service data.

Information deemed reliable but not guaranteed.

Information and photos posted by Ally Wangsness and may not be copied, reproduced or republished without the written permission of Ally Wangsness, Broker, RE/MAX Metro Realty, Inc.

I came to Seattle 16 years ago. And I fell in love with this beautiful city right away. Love at first sight, if you will. Then I lived overseas and on the East Coast. I moved here 6 years ago.

Here are just a few out of many reasons to love Seattle.

Seattle is a gorgeous city. Breathtakingly so, I have to admit. It is constantly ranked among best cities to live, to retire, to run a business and so on.

The nature is unbelievable. Parks, lakes, canals and trails within Seattle will satisfy anybody who craves outdoors recreational activities. The views of the mountains on a sunny day will take your breath away. Within a couple hours you can be in a ski resort, hike Mt Rainier, go to Olympic National Park and explore the rain forest, take a ferry and visit islands in Puget Sound or go watch Orca Whales (and trust me, they like the attention and will give you a show of your lifetime).  Canada is also a couple or so hours away and British Columbia is beautiful!

Looking for something different? Plenty of wineries surround greater Seattle area. If you want to take a longer break, you can spend a day or two in Eastern Washington and visit great wineries in Walla Walla and other locations.

The art scene in Seattle is amazing: Seattle Symphony Orchestra is among World’s most recorded; Seattle Opera and Pacific Northwest Ballet are very well known.  Seattle has over 2 dozen live theater venues. The Emerald City is also considered the home of grunge music. Then there is Seattle Art Museum. And that is just the beginning of description of arts in Seattle.

Seattle has been ranked numerous times as most literate, educated and fittest city.

The Emerald City is the perfect combination of nature, arts, culture and food.

Here are a few links to the articles about Seattle and Washington State.

Seattle is the best city for hipsters

Seattle among best cities to retire

WA State among best for business

Real estate news – listing prices in Seattle metro area are up!

And most recent news:

Seattle ranked third most peaceful city in the U.S.A.

Seattle named most popular city by Huffington Post

What’s not to love?

Photo © Joshua McGrew via Facebook

Based on Northwest Multiple Listing Service data here is an update on condo & home sales in reported greater Seattle areas in March 2012 and February 2012 as well as Year-To-Date sales.

Areas reported: Downtown Seattle, Queen Anne / Magnolia and surrounding neighborhoods (Interbay, Lake Union, Westlake), East Central Seattle (Capitol Hill, Madison Park, Madrona, Washington Park and surrounding neighborhoods), Northeast Seattle (Laurelhurst, Windermere, Hawthorne Hills, View Ridge, Bryant, Ravenna and other neighborhoods from Lake Washington to Shoreline), Northwest Seattle (Ballard, Greenlake, Wallingford, Fremont, Blue Ridge and surrounding neighborhoods), West Bellevue (Clyde Hill, Medina, Beaux Arts and surrounding neighborhoods) Kirkland and Mercer Island.

Information in this post includes condos in Downtown Seattle and homes in other reported neighborhoods.

429 condos & homes sold in March 2012, up 61% from February 2012.

Average sale price was up 6% in all reported greater Seattle areas combined.

Median sale price was up 7% in all reported greater Seattle areas combined.

1,013 condos & homes sold in the 1^st quarter of 2012, down 5% from the same time period last year.

Average sale price was up 6% in all reported areas combined.

Median sale price was up 9% in all reported areas combined.

Information based on Northwest Multiple Listing Service data.

Information deemed reliable but not guaranteed.

Information and photos posted by Ally Wangsness and may not be copied, reproduced or republished without the written permission of Ally Wangsness, Broker, RE/MAX Metro Realty, Inc.

Based on Northwest Multiple Listing Service data here is an update on condo & home sales in reported greater Seattle areas in March 2012 and March 2011.

Areas reported: Downtown Seattle, Queen Anne / Magnolia and surrounding neighborhoods (Interbay, Lake Union, Westlake), East Central Seattle (Capitol Hill, Madison Park, Madrona, Washington Park and surrounding neighborhoods), Northeast Seattle (Laurelhurst, Windermere, Hawthorne Hills, View Ridge, Bryant, Ravenna and other neighborhoods from Lake Washington to Shoreline), Northwest Seattle (Ballard, Greenlake, Wallingford, Fremont, Blue Ridge and surrounding neighborhoods), West Bellevue (Clyde Hill, Medina, Beaux Arts and surrounding neighborhoods) Kirkland and Mercer Island.

Report includes Downtown Seattle condos and homes in other reported greater Seattle areas.

There were 429 sales in reported areas in March 2012, down 2% from March 2011.

Average sale price was up 9% in reported greater Seattle areas combined.

Median sale price was up 11% in reported greater Seattle areas combined.

Information based on Northwest MLS data.

Information deemed reliable but not guaranteed.

Information and photos posted by Ally Wangsness and may not be copied, reproduced or republished without the written permission of Ally Wangsness, Broker, RE/MAX Metro Realty, Inc.

Based on Northwest Multiple Listing Service data here is an update on condo & home pending sales in the reported greater Seattle areas in March 2012 and March 2011.

Areas reported: Downtown Seattle, Queen Anne / Magnolia and surrounding neighborhoods (Interbay, Lake Union, Westlake), East Central Seattle (Capitol Hill, Madison Park, Madrona, Washington Park and surrounding neighborhoods), Northeast Seattle (Laurelhurst, Windermere, Hawthorne Hills, View Ridge, Bryant, Ravenna and other neighborhoods from Lake Washington to Shoreline), Northwest Seattle (Ballard, Greenlake, Wallingford, Fremont, Blue Ridge and surrounding neighborhoods), West Bellevue (Clyde Hill, Medina, Beaux Arts and surrounding neighborhoods) Kirkland and Mercer Island.

Report includes downtown Seattle condos and homes in other reported areas.

There were 748 pending sales in reported greater Seattle areas in March 2012, up 20% from March 2011.

Average listing price of pending sales was down 4% in reported greater Seattle areas combined.

Median listing price of pending sales was up 14% in reported greater Seattle areas combined.

Pending sales were up 26% in reported Seattle areas combined from February 2012.

Information based on Northwest MLS data.

Information deemed reliable but not guaranteed.

Information and photos posted by Ally Wangsness and may not be copied, reproduced or republished without the written permission of Ally Wangsness, Broker, RE/MAX Metro Realty, Inc.

Based on Northwest MLS data, here is an update on condo and home inventory in reported greater Seattle areas in March 2012 versus March 2011.

Areas reported: Downtown Seattle, Queen Anne / Magnolia and surrounding neighborhoods (Interbay, Lake Union, Westlake), East Central Seattle (Capitol Hill, Madison Park, Madrona, Washington Park and surrounding neighborhoods), Northeast Seattle (Laurelhurst, Windermere, Hawthorne Hills, View Ridge, Bryant, Ravenna and other neighborhoods from Lake Washington to Shoreline), Northwest Seattle (Ballard, Greenlake, Wallingford, Fremont, Blue Ridge and surrounding neighborhoods), West Bellevue (Clyde Hill, Medina, Beaux Arts and surrounding neighborhoods) Kirkland and Mercer Island.

This analysis includes Downtown Seattle condos and homes in other reported areas.

There were 1088 condos & homes available in reported greater Seattle areas in March 2012, down 37% from March 2011.

Average price of available condos and homes was up 14% in reported Seattle areas combined.

Median price of available condos & homes was up 11% in reported Seattle areas combined.

Information based on Northwest MLS data.

Information deemed reliable but not guaranteed.

Information and photos posted by Ally Wangsness and may not be copied, reproduced or republished without the written permission of Ally Wangsness, Broker, RE/MAX Metro Realty, Inc.