Denny Blaine Real Estate Report – May 2017

The sun is here and so are some listings in Denny Blaine! As the weather heats up more home owners are opening their doors to sell, more than last year at this time! Last year Denny Blaine didn’t have one sale in the month of May (2016). Last month there were 2 listings sold and there are currently 4 active and 2 pending.

Denny Blaine

There may be a bit more inventory, but the prices are still high. The average price of the available homes in Denny Blaine currently total to just over 3 million, and the pending is almost at a total of 4 million.

Denny Blaine is a part of “Central Seattle” as defined by Seattle real estate agents. Central Seattle real estate mainly includes the area from the Montlake cut to I-90 and from Lake Washington to I-5. The start of the year shows home prices are up across the city and sales for the first five months are close with 590 sold versus the 600 in the first 5 months of 2016. Currently in this central Seattle area there are 116 active listings.

Contact Kristine Losh for all your real estate needs!

Photos above:

First - Pending listing in Denny Blaine

Second - Sold listing in Denny Blaine

Denny Blaine Home Available for Purchase

Denny BlaineThis lovely Denny Blaine home, located at 3432 E Florence Court, exudes warmth of character with period details, oak floors, and abundant Procraft wood doors and windows, all new in 2009. The main level has a circular floor plan starting with a formal entry and coat closet. A large kitchen overlooks the gardens and back deck and leads to a cozy family room. Denny Blaine HomesThe dining and living spaces are open to each other. The living room is grounded by a wood burning fireplace. The dining room leads to a private, covered porch, a perfect place to enjoy a cup of coffee and the morning paper.

The upper level hosts 3 bedrooms with fir flooring, one of which is the clear master by its size and closet space. denny blaineA fourth bonus room could work well for a nursery or office. A substantial full bath, recently updated, maintains its original linen closet and serves all three bedrooms and bonus room.

The unfinished basement is clean and ready to go. Keep it as it is and use as work space, storage, etc. or prepare to put your own thumb print on this lovely home by finishing it and increasing your finished square footage. The one car attached garage enters the house on this level.

Outside, enjoy your storybook yard and setting. Denny BlaineThe Denny Blaine neighborhood and surrounding area features parks, schools, and close by restaurants and shops.  This Denny Blaine home is just five blocks to the Madrona boutique business area that offers such things as Sunday morning brunch at Hi-Spot Café, Friday night with some friends at Bottle House, or an ice cream cone at Molly Moons. Madrona SeattleEnjoy events in the community such as local wine events, concerts in the park on Thursdays in August, or the annual Mayfair event.  Watch the kids enjoy the various activities including the reptile man or riding the ponies. Madrona SeattleWander the other direction and reach Lake Washington nearly as quickly, if you don’t get caught watching the ducks and sun-bathing turtles at the Denny Blaine duck pond on your way.  Not to mention the restaurants and shops at nearby Leschi and Madison Park or head up 34th Avenue to Union to head to Downtown Seattle.

This home offers it all: urban conveniences, quite respite, warm and charming community, great schools, move-in ready with plenty of upside still available.

Status Available for Purchase
Price $990,000
Bed/Bath 3+ beds/1.5 bath

This is a rare opportunity knocking at the door, to get such a fabulous home in a great Seattle neighborhood.  Contact Kristine Losh for any questions or to get a personal tour to the home.

Denny Blaine Home

Denny Blaine Home Sells in Just Over a Week

Denny BlaineThe Denny Blaine home at 3722 E John went pending in just 9 days.  In this hot Seattle real estate market selling a home in 9 days is not unusual, but it is unusual for Seattle homes that sell for over $2.5 million.  This Denny Blaine home was listed by Ewing and Clark for $2,995,000.  Since January 1, 2016, there has been 88 homes in Seattle that have sold for over $2.5 million and the average day on market is 138 days.  denny blaine

It is not surprising that this Denny Blaine real estate sold so quickly.  3722 E John is a sun-filled Denny Blaine home perfectly place on lush grounds with sweeping lawn surrounded by roses, lavender, and lilacs.  Inside the home has been updated while keeping its original charm.  Denny Blaine HomeWood floors with, leaded windows, fabulous living room with fireplace, sunroom, formal dining room with updated kitchen.  Denny Blaine Real EstateThe upstairs includes the master bedroom features views of Lake Washington, as well 3 other bedrooms and two additional bathrooms.  The basement has been updated with entertainment room as well as additional bedroom and bathroom.

For more information about Denny Blaine real estate contact a local Seattle real estate agent who knows the area.

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.

Denny Blaine Real Estate: Home Sales

Denny BlaineThere was three Denny Blaine homes that sold this July compared to two last July.  Of the three sales this year, the most expensive (pictured above) was a 1904 Craftsman Home on E John.  It was original listed for just under $3 million and sold for $2,625,000.  The second Denny Blaine home was a modern home built in 2013 – it sold for over asking price: $1,300,000.  The last home caused quite a stir.  It sat on the hill about 1/2 block above Bush School and was originally priced at $550,000: a low price for any Denny Blaine real estate parcel.  The 1952 home has “fantastic potential’ and buyers took notice bidding the house up to $718,500.

Denny Blaine is considered part of the Central Seattle residential real estate market (east of I-5 to the lake; south of the Montlake Cut to I-90).  The number of sales in Central Seattle only increased by one compared to last July (91 vs 92 sales) and the average sales price increased minimally from $855,163 to $867,652.

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 me if you want a complimentary price opinion of your home:  Kristine Losh, Ewing & Clark Real Estate or check out the link to see what’s currently available in the Denny Blaine neighborhood.