Maple Leaf’s housing inventory starting to ramp-up

The median list price this week in the Maple Leaf area is $545,975.  Inventory is up and the Market Action Index (MAI see below chart) is trending down recently.  While days-on-market appears to be trending lower,  the overall conditions are weakening a bit. 

Maple Leaf’s Supply and Demand

In terms of supply and demand the Maple Leaf market is getting slightly cooler – more supply is coming on the market relative to the sales demand.  However, in recent weeks prices have been moving higher.  Since it is technically a Buyer’s market, this price trend may be a result of improved quality of listings coming on the market (remodeled homes with new kitchen, baths, rooms and windows) look at the description in the listing remarks to get the full details of the homes amenities and upgrades. 

Maple Leaf Home Pricing Trends

The Maple Leaf neighborhood continues to its bounce this week.  We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.

Sellers were also getting more for their homes, the average sale to list price in 2012 was 99,53% compared to the previously year’s 97.93% the average sales price in 2012 was $419,055 compared to 2011′s average of $400,330. Seller’s in Maple Leaf, in January, were receiving 102% of their original list price when selling.

Does it Make Sense to sell?

A shortage of listing in the Maple Leaf neighborhood is driving offers on listings at or higher then listed prices and making buying in Maple Leaf much more competitive.  Low inventory levels combined with current low interest rates are bring buyers out driving homes sales that are outpacing inventory. Homeowners in Maple Leaf that have been thinking about selling it might be time to pull the trigger. Recently sold homes in Maple Leaf. 

Receive a custom evaluation for your home, including comparisons to other homes that have recently sold or are on the market. This guarantees you receive the most accurate information available. To find out what your home is worth, fill out our quick form to get a Market Analysis email to you FREE.

Related posts:

1. January’s housing trends for Seattle’s Maple Leaf neighborhood (22.5)
2. Shortage of homes for sale in Maple Leaf (19.3)
3. Getting a deal on a Maple Leaf home could be a thing of the past (19.1)
4. Northeast Seattle Housing Inventory Rising (17.2)
5. Maple Leaf’s December Pending Sales Down (16.1)

 

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Adrian specializes in green home marketing utilizing traditional and social media marketing to create the widest exposure of your property.

January’s housing trends for Seattle’s Maple Leaf neighborhood

Getting a deal on a Maple Leaf home could be a thing of the past

If January’s listing, pending and sold numbers for the Maple Leaf neighborhood in Seattle are indication of what buyers might be facing in the upcoming months ahead, getting a “deal” when buying a house is a thing of the past in the Maple Leaf area.

The information from the Northwest Multiple Listing Service listed two new listings in Maple Leaf in January 2013, one of the homes had previously been listed but came on the market with a new price.  There were 8 pending sales in January and 4 closed sales.   The four closed sales had an average market time of 28 days and 3 of the 4 sales sold above the listing price.

Shortage of homes for sale in Maple Leaf

Nationally housing inventory is currently at an 11-year low. However, locally the Maple Leaf area is down from 23 active listings in January 2012 to 8  active listings in January 2013 (down 65.2%).  Housing demand is outpacing listing inventory in the Maple Leaf area.

Sellers were also getting more for their homes, the average sale to list price in 2012 was 99,53% compared to the previously year’s 97.93% the average sales price in 2012 was $419,055 compared to 2011′s average of $400,330. Seller’s in Maple Leaf, in January, were receiving 102% of their original list price when selling.

Does it Make Sense to sell?

Many things affect home value. Demand, job availability, distressed properties in the area,  and the overall condition & style of  the home.  Maple Leaf is close to many job centers; downtown Seattle, U Of W, Microsoft and South Lake Union.  Maple  Leaf has had very few distressed properties and continues to see a shortage of listing in the Maple Leaf neighborhood is driving offers on listings at or higher then listed prices and making buying in Maple Leaf much more competitive.  Low inventory levels combined with current low interest rates are bring buyers out driving homes sales that are outpacing inventory.

Receive a custom evaluation for your home, including comparisons to other homes that have recently sold or are on the market. This guarantees you receive the most accurate information available. To find out what your home is worth, take a minute to tell us about your home.  Click Here.

Related posts:

1. Getting a deal on a Maple Leaf home could be a thing of the past (27.1)
2. Shortage of homes for sale in Maple Leaf (25.3)
3. What’s your Maple Leaf Home Worth? (25.1)
4. Maple Leaf’s December Pending Sales Down (21.4)
5. Is it a good time to sell my Maple Leaf home (19.2)

 

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Adrian specializes in green home marketing utilizing traditional and social media marketing to create the widest exposure of your property.

4 bedroom home for sale  SOLD PENDING!

8249 16th Ave NE, Seattle/Maple Leaf 98115

Your Host, Neal Christensen

4 Bedroom Home for Sale in Seattle's Maple Leaf Neighborhood
$525,000

Traditional Brick Tudor awaits your perusal in well-established Maple Leaf neighborhood.  It has all the old-world charm and ambiance we expect from the Tudor, as it made many of our Seattle neighborhoods prominent.

Finding a suitable 4 bedroom home for sale in Seattle's Maple Leaf is tough enough, but finding a Brick Tudor is such great condition is downright remarkable.  Examining the exterior your will discover a great job of tuck-point on the brick surfaces.  The hard work has been done, now it’s a matter of simply personalizing the interior to your preference.

The Euroline Tilt-and-Turn Windows are a delight.  They are easy to use for controlling the natural flow of air through your home, creating the comfort zone you desire in most weather conditions.  

Updates have been done throughout the home to accommodate your family’s needs. The furnace, hot water tank, electrical, plumbing, roof and gutters are all newer updates for your convenience.  As mentioned before, the brick has been fully tuck-pointed to make it worry free for decades to come.

The new gas range and all appliances are part and parcel to the home, they stay with the new owners as a convenience.  Be sure to see the wine cellar when visiting.  It’s a feature once considered necessary for many homes.  Now it’s a luxury most don’t have, so you will love having it.  

Like gardening?  There is a viable vegetable garden already tenured just awaiting your personal touches.  The flower beds are teaming with bulbs, eager for the spring to come. The fruit-bearing trees will be a great source of Plums, Cherries and Figs throughout the harvest season.  Fresh from your own backyard!  

Just for the personal handy-person:  The basement awaits your finishing touches.  It can become whatever you imagine, space and code permitting.  It will be another source of joy for you in your new home.

  


For a private, personal showing call, text or email:

Neal Christensen @ 206-909-4684

want2sell4u@msn.com   or   want2sell4u@gmail.com

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Getting a deal on a Maple Leaf home could be a thing of the past

If January’s listing, pending and sold numbers for the Maple Leaf neighborhood in Seattle are indication of what buyers might be facing in the upcoming months ahead, getting a “deal” when buying a house is a thing of the past in the Maple Leaf area.  

The information from the Northwest Multiple Listing Service listed two new listings in Maple Leaf in January 2013, one of the homes had previously been listed but came on the market with a new price.  There were 8 pending sales in January and 4 closed sales.   The four closed sales had an average market time of 28 days and 3 of the 4 sales sold above the listing price. 

Shortage of homes for sale in Maple Leaf

Nationally housing inventory is currently at an 11-year low. However, locally the Maple Leaf area is down from 23 active listings in January 2012 to 8  active listings in January 2013 (down 65.2%).  Housing demand is outpacing listing inventory in the Maple Leaf area.

Sellers were also getting more for their homes, the average sale to list price in 2012 was 99,53% compared to the previously year’s 97.93% the average sales price in 2012 was $419,055 compared to 2011′s average of $400,330. Seller’s in Maple Leaf, in January, were receiving 102% of their original list price when selling.

Does it Make Sense to sell?

A shortage of listing in the Maple Leaf neighborhood is driving offers on listings at or higher then listed prices and making buying in Maple Leaf much more competitive.  Low inventory levels combined with current low interest rates are bring buyers out driving homes sales that are outpacing inventory. Homeowners in Maple Leaf that have been thinking about selling it might be time to pull the trigger.

Receive a custom evaluation for your home, including comparisons to other homes that have recently sold or are on the market. This guarantees you receive the most accurate information available. To find out what your home is worth, fill out the information below:

Related posts:

1. Shortage of homes for sale in Maple Leaf (28.1)
2. What’s your Maple Leaf Home Worth? (26.7)
3. Maple Leaf’s December Pending Sales Down (24.4)
4. Maple Leaf Home sales and prices up in 2012 (20.5)
5. Is it a good time to sell my Maple Leaf home (20.3)

 

;

Adrian specializes in green home marketing utilizing traditional and social media marketing to create the widest exposure of your property.

Shortage of homes for sale in Maple Leaf

Nationally housing inventory is currently at an 11-year low. However, locally the Maple Leaf area is down from 23 active listings in January 2012 to 8  active listings in January 2013 (down 65.2%).  Housing demand is outpacing listing inventory in the Maple Leaf area.

Sellers were also getting more for their homes, the average sale to list price in 2012 was 99,53% compared to the previously year’s 97.93% the average sales price in 2012 was $419,055 compared to 2011′s average of $400,330. Seller’s in Maple Leaf, in January, were receiving 102% of their original list price when selling.

Does it Make Sense to sell?

A shortage of listing in the Maple Leaf neighborhood is driving offers on listings at or higher then listed prices and making buying in Maple Leaf much more competitive.  Low inventory levels combined with current low interest rates are bringing buyers out driving homes sales that are outpacing inventory. Homeowners in Maple Leaf that have been thinking about selling this might be time to pull the trigger.

Receive a custom evaluation for your home, including comparisons to other homes that have recently sold or are on the market. This guarantees you receive the most accurate information available. To find out what your home is worth, fill out the information below:

 

;

Adrian specializes in green home marketing utilizing traditional and social media marketing to create the widest exposure of your property.

What's your Maple Leaf Home Worth?

Nationally housing inventory is currently at an 11-year low. However, locally the Maple Leaf area is down from 23 active listings in January 2012 to 7 active listings in January 2013. Housing demand is outpacing listing inventory in the Maple Leaf area.

Sellers were also getting more for their homes, the average sale to list price in 2012 was 99,53% compared to the previously year’s 97.93% the average sales price in 2012 was $419,055 compared to 2011′s average of $400,330.

Receive a custom evaluation for your home, including comparisons to other homes that have recently sold or are on the market. This guarantees you receive the most accurate information available. To find out what your home is worth, fill out the information below:

 

;

Adrian specializes in green home marketing utilizing traditional and social media marketing to create the widest exposure of your property.

Maple Leaf’s December Pending Sales Down

December’s pending home sales in Seattle’s Maple Leaf neighborhood fell to 6 pending sales after the 3  months  where pending salesoutpaced pending home sales for the  same  3 month period in 2011.  Pending home sales measures the homes that gone into contracts, yet have not closed.  This report is compiled from information from the Northwest Multiple Listing Service.

The low pending sales in Maple Leaf in December is more a reflection of low inventory levels compared to a slowing of the real estate market.   Despite December’s decrease in pending sales the year-to-year closed sales in Maple Leaf  outpaced the previous year by 30%.

Nationally housing inventory is currently at an 11-year low. However, locally the Maple Leaf area is down from 24 active listings at the end December in 2011 to 10 in 2012. January added 4 new listings, housing demand is outpacing listing inventory in the Maple Leaf area.

Sellers were also getting more for their homes, the average sale to list price in 2012 was 99,53% compared to the previously year’s 97.93% the average sales price in 2012 was $419,055 compared to 2011′s average of $400,330.

Buying in Maple Leaf

Agents are reporting strong buyer activity at Sunday Maple Leaf open houses. Home Buyers competing in this market need to be locked and loaded and ready to write an offer when they see something they like. Investing in real estate is not for the faint of heart, Buyers should be well versed in the area of their choice so they can identify a “good value” when it comes on the market. Having good Broker representation is critical in strategizing the offer and getting it through closing.

 For more information regarding real estate in the Maple Leaf Area in Seattle area contact  Adrian Willanger  @ 206 909-7536 with any questions you may have or visit my website.

Related posts:

1. Maple Leaf Home sales and prices up in 2012 (24.1)
2. Maple Leaf's 2012 closed home sales up 28% from previous year (22.8)
3. Maple Leaf's 3rd QT closed sales up 36% from 2011 (22.4)
4. Homes Sales in Seattle's Maple Leaf remain brisk (20)
5. Maple Leaf Real Estate TODAY (19.9)

 

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Adrian specializes in green home marketing utilizing traditional and social media marketing to create the widest exposure of your property.