Zip Code 98119 (West Queen Anne Hill)
East and West Queen Anne See Home Prices Slip Slightly Going into 2012
The popular Queen Anne community (zip codes 98109 East Queen Anne, 98119 West Queen Anne) has seen home prices to continue the downward trend since the last update 5 weeks ago. The downward trend began in August of 2011 for the East Queen Anne neighborhood and mid-October for west Queen Anne.
The median selling price for East Queen Anne has fallen from the years high $850k in August 2011 to just under $705k from $750k on 12/8/2011. West Queen Anne reached its high water mark of $710K in October of 2011 and has since seen prices trend downward to $665K down from $685k on 12/8/2011.
The entire inventory level continues its downward movement for both areas with West Queen Anne’s inventory level down over 50% from the beginning of 2011.
The Queen Anne Hill location is located close to several major employment centers, South Lake Union, Downtown Seattle and just a short commute to the University of Washington. The neighborhood is rich with restaurants, boutiques, specialty shops, bakeries & markets, and professional services.
Many of the homes on Queen Anne Hill were built in the early 1900s with much hand crafted detailing to go along with some of the city’s best views.
This Seattle real estate market update is courtesy of Adrian Willanger at Coldwell Banker Danforth& Associates 206 909-7536 helping people buy and sale homes in the Greater Seattle area.
Homes Available For Sale on Queen Anne Hill
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