For those of you that may not subscribe to a lot of print media (How 80's), our very own Wedgwood was the front page attraction for this Sunday's Seattle Times real estate section. The add raved about how walkable the neighborhood is and highlighted the recent debate over a proposed mixed use condo and retail project. While the article was great and it truly is a fantastic neighborhood, I have a single complaint. The article was featured in the real estate section and there is only one major real estate office in Wedgwood, (MINE!) and we got snubbed. They have quotes from two other (non Wedgwood) offices, and not a single quote from anyone in my office. Come on Seattle Times. Call me. I'd be happy to talk to you about this neighborhood. Everyone knows I love to talk. Seriously, it was a great article and I pleasant surprise to see. For those of you not aware of the neighborhood feel free to give me a call. We can wander across the street to the Van Gogh Coffee House and I'll show you what a great neighborhood it is. Check out the link to read the article.
http://seattletimes.nwsource.com/html/realestate/2004435404_realneighborhood25.html
Here is a quick snapshot of the real estate market in Wedgwood:
| Single Family Homes | # | Average Price | Range | Days on Market |
| Currently Active | 29 | 569,000 | 349,000-879,000 | 68 |
| Sold in the last 6 Months | 54 | 460,000 | 349,950-910,000 | 83 |
| Condominiums | ||||
| Currently Active | 3 | 255,983 | 208,000-279,000 | 77 |
| Sold in the last 6 Months | 4 | 203,500 | 130,000-229,500 | 94 |
Wedgwood has very few condominium developments so the for sale and sold data is pretty limited. The numbers are also a little lower for condos because they include a recent sale of a co-op, for $130,000. Co-ops are a slightly different animal and tend to fetch considerably less then a condominium. The largest condo complex in Wedgwood is the Green House condominiums and there are currently two condominiums for sale in that complex. The complex is undergoing a bit of a face lift to improve the clubhouse and pool areas. The rest of the building received a significant face lift just two years ago and is in great shape. Sorry dog owners, they only allow cats. In fact they tend to feature stories about resident cats in the newsletter.
Hope you are all enjoying the great weather for Memorial Day.
For those of you that just love the numbers, here are some data for Seattle. The market for single family homes and condo's are very different. Condo's have definitely seen a bigger drop in value and are taking significantly longer to sell. All this is a big advantage to buyer's. Single family homes on the other hand are seeing a balanced market. I personally feel like good homes that are priced well are still selling and selling rapidly. Buyers are much more picky though and "ugly" overpriced homes are not moving.
Seattle Single Famlily Homes
| Aug. '06 | Nov. '06 | Feb '07 | May '07 | Aug. '07 | Nov. '07 | Feb. '08 | April '08 | |
| Average Days on Market | 41 | 51 | 66 | 51 | 51 | 65 | 96 | 79 |
| Median Home Price | 440 | 450 | 432 | 470 | 465 | 455 | 448 | 446 |
| Market | Seller's | Seller's | Seller's | Seller's | Balanced | Balanced | Balanced | Balanced |
Seattle Condo's
| Aug. '06 | Nov. '06 | Feb '07 | May '07 | Aug. '07 | Nov. '07 | Feb. '08 | April '08 | |
| Average Days on Market | 41 | 53 | 65 | 46 | 53 | 78 | 98 | 73 |
| Median Home Price | 314 | 307 | 322 | 300 | 322 | 305 | 304 | 302 |
| Market | Seller's | Balanced | Balanced | Balanced | Balanced | Balanced | Buyer's | Buyer's |
Keep in mind that real estate is very neighborhood specific. If you would like a free report specific to your neighborhood anywhere in King County, feel free to call or e-mail me. I'd be happy to put a report together showing you data on your neighborhood as well as a list of the homes that have sold in your neighborhood over the past 6 months. All Free!
As an Internet Marketing Specialist, I would be happy to show you how to harness the power of the internet to sell you home fast.
I am convinced that if you want to get a feel for a city the best way to do it is from the saddle of a bicycle. Last weekend I went for a long ride and in the process provided myself with one of the best travel logs of Seattle. I started out in Magnolia where I live and took a little known path along the train tracks and port of Seattle to the Sculpture Park. Then I wound along the water front, past downtown, Ivar's, Ye Olde Curiosity Shop, the Ferry Docks, Safeco Field where the M's were playing the Padre's, and Starbucks HQ. After I worked my way under the West Seattle Bridge, I was on my way to Alki. On the way I passed Salty's, The Alki Crab and Fish Co. (my personal choice for the best fish and chips in the city) and the Water Taxi. As I came around the corner toward the beach, I was just in time for sunset. Apparently everyone had the same idea as I did. There were kids in strollers, motorcycles, teenagers in cars, rollerbladers, and nearly every other home and condo was hosting a barbecue. As I slogged past the Alki Bakery and Pegasus Pizza, I took in a few people playing volleyball and others getting bonfires ready. When I got to the end it was time to turn around and retrace my route home. I got to see it all again, this time by night. The skyline, the water, the Olympic Mountains in the distance, ferries, beach, it was a great ride. I think this weekend I'll check out the Interurban trail.
| Neighborhood | Median Price April '07 | Median Price April '08 | Change |
| West Seattle | $303,500.00 | $308,375.00 | 1.61% |
| Madison Park /Valley / Capitol Hill | $310,000.00 | $311,000.00 | 32.00% |
| Queen Anne / Magnolia | $310,500.00 | $338,000.00 | 8.86% |
| Belletown / Downtown | $423,750.00 | $392,900.00 | -7.28% |
| Ballard / GreenLake | $295,500.00 | $298,900.00 | 1.15% |
| North East Seattle | $255,875.00 | $242,500.00 | -5% |
| Bellevue South / Issaquah | $336,000.00 | $361,470.00 | 7.58% |
| Bellevue West | $395,475.00 | $411,250.00 | 3.99% |
| Bellevue East | $305,000.00 | $293,000.00 | -3.93% |
| Issaquah, N. Bend / Snoqualmie | $324,510.00 | $259,519.00 | -20.17% |
| Redmond / Carnation | $347,000.00 | $407,500.00 | 17.44% |
| Kirkland / Bridal Trails | $343,000.00 | $360,000.00 | 4.96% |
| Juanita / Woodenville / Bothell | $258,500.00 | $250,000.00 | -3.29% |
Here are the numbers for April last year, compared to this year, for condos. The story is a little brighter then for single family homes. Several neighborhoods have seen an uptick in prices. Time on market however is much longer then a year ago, so if you are selling, be patient. Also, keep in mind that many of you who are selling your condo are also buying in the Seattle area. If that is the case, while you may be getting slightly less for your condo, you are also paying less for the home you are buying. If you are selling and moving out of the area, you are in even better shape, because many areas of the country have experienced a significant drop off. If you are a first time home owner, you can find bargains compared to last year, and interest rates are still low.
If you would like a free report showing all the condos that have sold in your area over the last six months, feel free to call, or e-mail me.
For those of you that missed it, Zoo Tune tickets went on sale this week. There are already several shows sold out. Here is the shedule as of today. Follow the link below to get tickets. If you have never been to a Zoo Tues show they are really worth it. Family friendly. Get a group together, bring a blanket and a picinic and have fun.
Residential Real Estate Specialist. My specialty is first and second homes, single family, townhomes and condos, under $750,000. I gladly pay 25% referral fee for relo clients.
Hi. My name is Rob Graham. For the past three years it has been my pleasure to work as a realtor with Windermere Real Estate. I love what I do and attack it with enthusiasm and passion. I choose to work with Windermere, not only because of their market dominance in the Seattle area, but because of the world class support they provide. It is my firm belief that if you want to be the best, you must work with the best.
When not hard at work I enjoy an active lifestyle. When the weather is nice, I love to get outside. Biking, softball and volleyball on Alki are all favorite ways to enjoy the summer months. When the weather turns cloudy I head indoors for more volleyball and basketball.
I also love to travel. Recently I had the opportunity to take an extended trip to Australia and New Zealand. I loved the beauty of te country and relished how welcoming the Ausies were. I have to admit I could do without the enormous bats though! Other favorite vacation locations have included Scotland, the Carribean and Ireland.
On any given Wednesday night you will find me volunteering at Children's Hospital. For the past eight years I have spent over 800 hours with some of the most amazing people I have ever met. I continue to marvel at what an amazing resource Children's provides to the families of Seattle and count my time there as one of the most valuable accomplishments of my life.
As an Accredited Buyers Representative, first and second home buyers represent approximately two thirds of my business. The other third is devoted to the successful listing of homes. I love real estate because of the excitement and energy that clients just like you bring to the process. You have a unique set of needs. I see it as my challenge to make your priorities my own and carry you to a successful resolution.
It is my goal to not only have a relationship with you for the short term transaction, but also to become a trusted advisor for life that you can turn to for all of your real estate needs. I achieve this by focusing my efforts in three specific areas. First I am your consultant. I pride myself in being an expert in all areas of real estate. Whatever your situation I have the experience and support to satisfy your needs. Secondly, I am a tenacious negotiator. I treat your priorities as my own and in doing so find you exactly what you are looking for and get it on the best possible terms. Finally I am a meticulous overseer of details. There are hundreds of twists and turns to every real estate transaction requiring constant attention. Myself and my team of experts obsess over the details on your behalf to ensure that no detail no matter how small is overlooked.
Let me show you what it is like to be in the hands of an expert. If you need advice on real estate in the greater Seattle area, give me a call. I'd love to help.
Feel Free to Visit my Seattle Home Buyer's Blog
"Absolutely professional. Above and beyond the expected level of service."
"Rob kept our stress levels low during a struggling sales market. Rob also did several favors for us that I consider well above and beyond his responsibilities. I could not have expected better service.
"My experience could not have been better."
"We really enjoyed working with Rob and his Mortgage broker. They worked together to make the home buying experience a good one."
"We were really happy with Rob's responsiveness and professionalism. Great experience!"
"As a first time home buyer, I had more then my fair share of questions. Rob was very patient with answering all of them and helped put me at ease at every turn of the home buying process."
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