Denny Blaine Real Estate: 3rd Quarter 2014

Washington Park SeattleDenny Blaine real estate, like the rest of the King County real estate market, is very strong.  Comparing closed homes sales in Denny Blaine for the 3rd quarter with the year before shows the increase in the market.  The number of home sales in Denny Blaine are low (due to the size of the neighborhood); thus the date is prone to fluctuation, but taken in context with the rest of the Seattle area market the numbers are consistent.  In both 2014 and 2013 in the 3rd quarter there was 6 sales, but in 2014 the average Denny Blaine sales price was over $1.7 million and $477 per square foot while in 2013 the average sales price was $1.1 million and $372 per square foot.  The number in September in King County and Seattle real estate market show similar trends.  The median price of a single-family home in King County in September was $460,000, almost 10 percent higher than a year ago and 5.3 percent higher than August’s median price.  According to the Northwest Multiple Listing Service, these stats indicate the best September for home prices in at least 10 years! The city of Seattle performed the best of all the sub-markets in King County in September, with the median price having risen to $517,000, 12 percent higher than September 2013.

While numbers were gathered from the Northwest Multiple listing Service; Statistics not compiled or published by the Northwest Multiple Listing Service.

Feel free to contact Kristine Losh if you want a complimentary price opinion of your home.  Kristine is a real estate broker with Ewing & Clark.

Above pictured home is located just outside of Denny Blaine on Hillside Drive East and currently for sale for $2,745,000.