Despite our LOVE for condos, we sell a number of homes each month as well. In doing so, we have our eye on the market in many of Seattle’s most popular neighborhoods. One of those neighborhoods is Laurelhurst. For those of you unfamiliar with this hood, it sits just east of the University of Washington and one of its natural boarders is Lake Washington. It has been a forever popular Seattle neighborhood and it commands some of the highest prices in all of Seattle.
We came across this sale, that closed just a few days ago. The house had multiple offers and sold for 23% above the asking price! Starting at $1,395,000 the house eventually sold for $1,720,000. To put this in context, the average sale year to date in Laurelhurst sold 3.2% over the asking price. This house sold 23% above the ask!
You can see more photos here. This market is bananas!