Montlake, one of Seattle's Urban Villages

Montlake, one of Seattle's Urban Villages...

...is where I have been spending a lot of time these past few weeks. I am working with some out of state clients to prepare their house to enter the Seattle Real Estate market later this spring. It has been an interesting project for me and it will be exciting to see it to it's conclusion later this spring/summer.

The Montlake neighborhood lies just south of the University of Washington across from the Montlake cut, north and down the hill from Capitol Hill, east of Portage Bay and Eastlake, and west of the Arboretum and Lake Washington. It has great accessibility to Downtown Seattle, as well as Bellevue and the Eastsidevia the 509 freeway which runs through Montlake...in an interesting way. The freeway is mostly bridges over water and provides motorists with some great views of wildlife on their commute!

The homes, built mostly in the 1920's, are made up of brick Tudor and Craftsman styles of single family homes. The market history for the month of March has just sixteen total homes comprising it. The eight that are active as of April 1st range between $549,000 to $879,000. Three are STI (Subject To Inspection) ranging between $847,000 and $1,250,000, Four are Pending ranging between $609,900 and $959,000. Only one closed for the month sellling for $734,000. This puts Montlake well above the median price for homes sold in King County, $429,925, in February.

Now that spring had arrived Montlake is especially beautiful right now, good timing for the springtime Seattle real estate market rush!