It List - July 2016


I am pleased to share the newest edition of the Realogics Sotheby’s International Realty Waterfront Report, containing information on home values, sales trends, and market activity throughout waterfront locations in the Puget Sound region. Overall, we are seeing a higher average sales price and decreased days on market driven by rising competition for available homes in an environment of lower inventory as sellers wait to see how high their home values might rise. I hope you enjoy and find value in this report.


907 Harvard Avenue E, Seattle | A distinguished cornerstone residence in treasured Merrill Court, discreetly nestled in the heart of the Harvard-Belmont Historic District. Merrill Court is an urban refuge of 10 exceptional brick homes combining old world elegance with modern updates. A private elevator connects all 3 floors to the secure garage. At over 4200 square feet, this residence combines a turn-key lifestyle with a grand scale that is very hard to find! Offered at $2,895,000.


Eager homebuyers rallied during the first half of 2016 increasing unit absorption and median home prices by 48% and 28%, respectively according to analysis of Northwest Multiple Listing Service data. The typical condominium is selling in just over a month with a median home value of $575,000. However, a closer look reveals that 135 of the 381 condominium closings so far this year were in the INSIGNIA condominium tower, a new construction development (and one remaining developer-owned unit in the Four Seasons Private Residences) whereas there were effectively no new construction deliveries or closings during the same term in 2015.


1644 Windermere Drive E, Seattle | Beloved & coveted, this extraordinary residence is sited on almost 3 lots in the heart of Broadmoor. Totally re-built in 2009, with no expense spared: English hand painted wallpaper, hand planed plank floors from a 200 year old barn, antique built-in vanities, limestone fireplaces, waxed sugar pine paneled library & welcoming Dutch doors. Separate carriage house residence. Sold for $6,150,000.


This luxury boutique condominium, built in the highly coveted neighborhood of Madison Park, is nestled on a unique piece of land that boasts unparalleled views of Lake Washington and downtown Bellevue skyline. This distinct condominium, Built by Barcelo Homes and designed in collaboration with Hybrid Architects, provides three private residences with three bedrooms and three and a half baths, encompassing over 2400 square feet of built green luxury not including multiple private outdoor spaces individually designed for each home.


"I would highly recommend Laura as an agent. Her professionalism was outstanding and her attention to detail extraordinary. She was there for us, at any time of day or night, returning our phone calls, text, emails immediately. She was such a pleasure to work with and had terrific ideas about marketing our home, which by the way, sold in two weeks. Anyone would be lucky to have her as their agent."


In the fourth annual Disruptor 50 list, CNBC features private companies in 15 industries — from aerospace to financial services to cybersecurity to retail — whose innovations are revolutionizing the business landscape. These forward-thinking starts-ups have identified unexploited niches in the marketplace that have the potential to become billion-dollar businesses, and they rushed to fill them.