As you can see on the RTS report, Seattle 98105 is coming back strong and the trend is upward. This is an interesting and dense part of town with a lot of vintage old Seattle homes. Sales prices in this area are higher than most of the surrounding areas. It also includes the private neighborhood of Windermere, which is very exclusive. You’ll find a lot of iconic northwest owner names here that are very much a part of local history.
About half the homes here are 1.5 and 2 story and were built on average in the 1930’s. Most of them have basements and many of them have wonderful views of the Montlake Cut (flowing into Lake Union) and Lake Washington. Zip code 98105 includes the University of Washington campus (and District), University Village, and the Laurelhurst neighborhood.
You’ll see in the RTS below that the Windermere homes are huge, averaging 3990 square feet, with 4 bedrooms, 3 baths, most of them built around 1950. Also note the average lot size here is a little over twice that of other home in the zip code. There are 237 homes in Windermere. I removed the 18 homes on Lake Washington waterfront so we didn’t skew the stats... these homes have recent sales of $3.9 million to $7.8 million.
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| Residential Transaction Study | 8/24/2009 |
| Project description: Seattle WA 98105 (non-waterfront) single family dwellings |
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| monthly market | Most recent transaction: 8/18/2009 | Market (homes): 5773 |
| month | year | sales | mrkt% | $/sqft | avg price | median |
| Aug | 2009 | 11 | 0.2% | $293 | $787,577 | $510,500 |
| Jul | 2009 | 23 | 0.4% | $289 | $785,371 | $599,000 |
| Jun | 2009 | 33 | 0.6% | $263 | $656,220 | $615,000 |
| May | 2009 | 13 | 0.2% | $260 | $683,765 | $515,000 |
| Apr | 2009 | 14 | 0.2% | $257 | $617,514 | $542,475 |
| Mar | 2009 | 4 | 0.1% | $228 | $705,000 | $747,500 |
| 1 story | 2274 | w/ bsmt | 5,234 | platted | 5,566 |
| 1.5 story | 1867 | avg bsmt sqft | 994 | avg lot sqft1 | 5,452 |
| 2 story | 1474 | w/ garage | 1,050 | unplatted | 207 |
| 3+ story | 31 | avg garage sqft | 314 | avg lot sqft2 | 6,978 |
| avg % imprvd | 45% | avg year built | 1933 | avg bldg sqft | 2,555 |
| avg # beds | 3 | avg # baths | 2 | | |
| | 1avg lot sqft of all platted properties | 2avg lot sqft of all unplatted properties |
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 | The data used in this report is deemed reliable, but not guaranteed.
© 2009 ARFCO MEDIA... Renton WA 98055 |
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| Residential Transaction Study | 8/24/2009 |
| Project description: Windermere, Unrec... Seattle 98105 |
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| monthly market | Most recent transaction: 8/18/2009 | Market (homes): 217 |
| month | year | sales | mrkt% | $/sqft | avg price | median |
| Aug | 2009 | 1 | 0.5% | $402 | $900,000 | $900,000 |
| Jul | 2009 | 1 | 0.5% | $515 | $3,510,000 | $3,510,000 |
| Jun | 2009 | 1 | 0.5% | $253 | $1,115,000 | $1,115,000 |
| May | 2009 | | | | | |
| Apr | 2009 | 1 | 0.5% | $550 | $885,000 | $885,000 |
| Mar | 2009 | | | | | |
| 1 story | 119 | w/ bsmt | 186 | platted | 217 |
| 1.5 story | 19 | avg bsmt sqft | 1,493 | avg lot sqft1 | 13,712 |
| 2 story | 77 | w/ garage | 125 | unplatted | |
| 3+ story | 1 | avg garage sqft | 480 | avg lot sqft2 | |
| avg % imprvd | 55% | avg year built | 1952 | avg bldg sqft | 3,990 |
| avg # beds | 4 | avg # baths | 3 | | |
| | 1avg lot sqft of all platted properties | 2avg lot sqft of all unplatted properties |
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| | The data used in this report is deemed reliable, but not guaranteed.
© 2009 ARFCO MEDIA... Renton WA 98055 |
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