Marketplace | Third Quarter Market Report by Marketplace Sotheby's International Realty

3RD QUARTER MARKET REPORT | 2017

FROM

SURVIVAL

new story TO A

At September’s global networking event, Sotheby’s

pledged enough money to build over 150 homes for a

International Realty (SIR) unveiled a new charitable

brand-new community, based in Mexico.

partnership with the non-profit, New Story. The outfit launched just two years ago, with a mission

The non-profit’s unique customer-centered approach

to provide homes for disadvantaged families around

is compelling; each family has the opportunity to

the world, in the form of small communities centered

specify exactly what they need as part of their home

around schooling, access to potable water, power and

before the build even commences. The outcome is a

sanitation. It has since provided over 1,100 homes.

home tailored to the people who will actually reside in it. It’s not a one-size fits all solution and it’s one

New Story believes that “a home is more than just

based on ongoing communication with the individual

four walls” and this core value resonates with our

families, and the wider community.

philosophy that a home is more than just a building, it represents a life. Brett Hagler, New Story’s CEO

While focusing in on the beneficiaries’ immediate

and co-founder, presented his compelling vision for

needs, New Story does not fail to address the bigger

helping those in need and challenged a room filled

picture: the company invests in training local labor and

with over two thousand SIR brokers to pledge enough

buying locally sourced construction materials, thus

money to build 100 homes. By the end of SIR’s three-

boosting local economies and teaching individual’s

day networking event, brokers in attendance had

new employable skills as part of the process. Its

GIVE YOUR DONATION TO ANY MSIR ASSOCIATE IN ANY AMOUNT C/O MARKETPLACE CHILDREN’S FOUNDATION P.O. BOX 2729 | KIRKLAND WA 98083

WHAT IF YOU COULD CHANGE THE LIFE OF A HOME FOR A FAMILY IN NEED, WITH JUST $6,000? holistic vision is fixed on the long term too; by donating

basis, along with many of its brokers, as part of the

both the new home and the land it sits on to each new

company’s “Marketplace Children’s Foundation”.

family owner, New Story helps end a cycle of poverty, empowering future generations to thrive.

“New Story’s mission speaks to us. We have the opportunity to give back in a conscientious and

The charity also recognizes that donors rarely get

intentional way to families in need. The results are

to see the outcome of their donations, and so with

tangible and the positive, long term impact on the

this in mind, whether you fund part or all of a home,

communities we’re helping actively promotes the

you receive a video showing the family you helped,

wellbeing and financial stability of generations to come”,

living in the specific home you actively sponsored.

said MSIR’s chief operating officer, Aaron Shriner.

We watched some of these videos with tears in our eyes – seeing the joy, relief and gratitude in these

“Each and every day, our focus is to help our clients

families’ faces was incredibly moving.

achieve their life goals, and that’s incredibly rewarding” adds chief executive officer, Chad Shriner, “but it’s also

Marketplace Sotheby’s International Realty (MSIR)

important to us to make a difference where we can and

co-owners, Aaron and Chad Shriner, also contributed

our partnership with New Story allows us to extend our

to the 150-strong home donation in September and

vision that a home offers the necessary foundations

have pledged to continue to participate on an ongoing

upon which to build a thriving future.”

DONATE DIRECTLY TO NEWSTORYCHARITY.ORG 100% OF EACH DONATION GOES DIRECTLY TO BUILDING A NEW HOME.

YOU CAN HELP |5

17924 COVE LANE | MOUNT VERNON Big Lake Estate features 100 feet of west-facing lakefront property. Call this your home or second home, perfect for entertaining the family and many friends at once. Year round entertainment with the expansive patio leading you to the green grass to the lake & dock. Large open family room with gas fireplace and custom woodwork mantel into gourmet kitchen with seating for five at the bar or five more at the marble and glass tabletop. Formal dining and living rooms offer views of the lake and a main floor suite for all guests.

4 BEDROOMS 4.25 BATHROOMS 5,928 SQUARE FEET MLS #1195102 OFFERED AT $1,499,999

14131 67TH AVENUE SE | EDMONDS 4 BEDROOMS 6 BATHROOMS 5,928 SQUARE FEET ELEVATOR WINE CELLAR 4-CAR GARAGE MLS #1134540

Breathtaking views of Puget Sound, the Olympic Mountains and Whidbey Island, this 5,928 square foot, light-filled home showcases exquisite detail and impeccable craftsmanship throughout. The gourmet kitchen is a chef’s delight equipped with a Dual Wolf Range, Dual Sub-Zero refrigerator and rich custom cabinetry opening to an elegant great room with 30ft soaring beam ceilings. Retreat to the spa-like master bath to unwind from the day. The daylight basement contains a theatre room with 104” HD Screen 7.1Dolby Sound, wet bar, wine cellar and game room. The home contains many unique features such as

OFFERED AT $2,188,000

an elevator, camera security system, exquisite dual staircase design and a 4-car garage.

gotta love those

Bellevue Fall in the city is best seen from Bellevue; in fact the city’s name is derived from a French term for “beautiful view”. This is never truer than in fall. With so many parks, trails and outdoor activities the city shines this time of year. Bellevue spans more than 31 square miles and is home to 140,000 people, it is truly ever growing. Bellevue home values have gone up 15.7% over the past year and Zillow predicts they will rise 5.9% within the next year. Median Price Year-Over-Year

19.6

$1.2 M

% Rolling Change over the last 90 Days

$1.0 M $800K

$200K $0

$825,250

Median List Price for Bellevue

$400K $690,000

825,250

$600K

2016

2017

2010 W LAKE SAMMAMISH PARKWAY SE BELLEVUE, WA 5 BEDROOMS 3.25 BATHROOMS 4,060 SQUARE FEET MLS #1167994 PENDING AT $3,188,000

Luxury waterfront living in this extraordinary 5 bedroom

pending

home. Spectacular lake views from almost every room. Enjoy the chef’s kitchen, bright and open floor plan, main floor master suite with cozy fireplace. There’s a second kitchen on the lower level, along with 3 bedrooms, laundry and family room and a separate entrance. Private dock with 63’ beach for year round activities.

3825 140TH AVENUE NE BELLEVUE, WA 5 BEDROOMS 3.5 BATHROOMS 3,982 SQUARE FEET SPORT COURT/POOL MLS #1161996 OFFERED AT $1,649,999

Welcome to this one of a kind, park like setting property in Bridle Trails, tucked away on a private drive. The home boasts spacious outdoor entertaining areas, featuring a sports court, swimming pool, and large decks. This artist’s home offers a detached, studio at the far side of the lot along with RV parking.

Bothell Bothell, a picturesque part of the Eastside of Lake Washington, is made up of at least 18 separate neighborhoods and features an incredible variety of both newly built and vintage homes. In 2016 Seattle Magazine voted Bothell one of the most up-andcoming areas in which to live, in large part due to its ongoing rejuvenation. Locals rave about its longstanding Hillcrest Bakery and coffee lovers flock to Social Grounds, not to mention the countless new breweries opening their doors to the Bothell public. Median Price Year-Over-Year

15.3

$700K

% Rolling Change over the last 90 Days

$600K $500K

$200K $0

$565,000

Median List Price for Bothell

$300K $489,950

565,000

$400K

2016

2017

3914 155TH PLACE SE BOTHELL, WA 3 BEDROOMS 2.5 BATHROOMS 2,720 SQUARE FEET MLS #1126660 SOLD AT $490,000

Spacious open floor plan with tons of storage. Fresh interior

sold

paint in grand bonus room, all new carpet throughout upstairs. Kitchen is perfect for entertaining. Extended outdoor living space under the covered patio. Enjoy the lush fully fenced landscaped backyard with lots of room for gardening. All appliances included. Quick access to shopping, restaurants, and I5.

1233 232ND PLACE SW BOTHELL, WA 4 BEDROOMS 2.5 BATHROOMS 1,867 SQUARE FEET MLS #1152306 OFFERED AT $545,000

Meadow Creek Park - A low maintenance front yard with fruit trees and raised garden beds welcomes you to this

sold

home. An open concept island kitchen with granite, stainless steel appliances, and two sinks, opens to the dining and living room area with a gas fireplace. A lower level master bedroom is wheel chair accessible from the garage and has a roll-in shower. | 11

Burien With six miles of shoreline and epic mountain views, Burien is a young and upcoming city. Burienâ&#x20AC;&#x2122;s location shines in the minds of many. A 5-minute drive east to the airport, a 12-minute drive north to Seattle or a 30-minute drive to Tacoma, makes Burienâ&#x20AC;&#x2122;s location very desirable. The location also means that entertainment is convenient, the parking problems are elsewhere, and a slower pace prevails in the residential neighborhoods. Median Price Year-Over-Year

14.7

$700K

% Rolling Change over the last 90 Days

$600K $500K

$200K $0

$405,000

Median List Price for Burien

$300K $353,000

405,000

$400K

2016

2017

2155 SW 173RD PLACE BURIEN, WA 4 BEDROOMS 3 BATHROOMS 4,670 SQUARE FEET MLS #1178389 OFFERED AT $3,100,000

A rare opportunity to own 150ft of prime South facing waterfront nestled into the Crescent Beach area of Three Tree Point. From views to the top of Mount Rainier, south to Maury Island & West to the tip of Three Tree Point. This Mid Century Contemporary sits on over 1 acre of lush property. Built with a Arizona Sandstone exterior & finished with classic wood interiors. Full bulkhead with a 400sf boat house and pristine boat launch.

2625 SW 170TH STREET BURIEN, WA 4 BEDROOMS 2.5 BATHROOMS 3,480 SQUARE FEET 3-CAR GARAGE MLS #1100006 SOLD AT $1,300,000

Nestled on the Southside of Three Tree Point sits this tastefully updated traditional home with Southwest Flares. Perched perfectly and designed to gather in unobstructed views of Mount Rainier, Maury Island, and the Olympic Mountains. Open spaces for entertaining,mixed with view decks & patios, creates your own oasis. | 13

Carnation Carnation is a small, authentic town that benefits from the relaxed pace of life. With no city lights in sight, Carnation is tranquil and boundless. Whether its biking, hiking, camping or fishing you can find it in this adventurous town. With less than 2,000 residents and approximately 1.1 square miles in size, it is a mere half hour from Seattle and Bellevue, itâ&#x20AC;&#x2122;s perfect for a quiet life without missing out on all that the city offers.

Median Price Year-Over-Year

20.0

$800K

% Rolling Change over the last 90 Days

$700K $600K

$300K $200K

$642,064

Median List Price for Carnation

$400K $535,000

642,064

$500K

2016

2017

32248 NE 94TH STREET CARNATION, WA 5 BEDROOMS 3.5 BATHROOMS 3,610 SQUARE FEET MLS #1202428 OFFERED AT $838,000

Sleep, eat and ride! Two master suites, 3 other

pending

bedrooms and an additional huge bonus room with walk-in closet. Kitchen remodeled in 2017. Spacious formal living and family room. Quality 3-stall barn, outdoor lit sand arena, paddocks, pasture and trailer parking. Incredible layout maximizes every inch of this property. Enjoy the entertainment sized deck and fire pit.

11226 317TH AVENUE NE CARNATION, WA 3 BEDROOMS 3 BATHROOMS 1,950 SQUARE FEET MLS #1145480 SOLD AT $499,900

Enjoy Lake Marcel Living! Located across the street from the lake. Spacious, bright and open home, over 1/4 acre.

sold

Updated oversized kitchen with granite countertops, master suite with walk-in closet & bath. Huge 3 car/SUV garage, additional workspace with sound studio and storage. Entertainers deck, fenced yard, fire pit, playhouse/sheds and more! | 15

Duvall Duvall is one of the fastest growing cities in the state. Located just 25 miles northeast of Seattle, Duvall is becoming a favorite residential community for many commuters. The Snoqualmie Valley Trail offers visitors and residents over 30 miles of regional trail that can be enjoyed by either biking or walking. The quiet small-town setting makes it a great place to escape the fast city pace.

Median Price Year-Over-Year

16.7

$700K

% Rolling Change over the last 90 Days

$600K $500K

$200K $100K

$529,990

Median List Price for Duvall

$300K $454,000

529,990

$400K

2016

2017

20014 312TH AVENUE NE DUVALL, WA 3 BEDROOMS 1.75 BATHROOMS 2,666 SQUARE FEET 11.5 ACRES MLS #1170300 OFFERED AT $999,500

Stunning storybook setting! 2 beautiful homes on 11.5 peaceful private acres. Custom Tudor featuring materials and construction of century old quality and intricate craftsmanship throughout. Enjoy quiet woods and the sound of creeks from huge wraparound porch! Charming rambler recently remodeled with high quality finishes. 3 car garage-shop and rambler to be rented for immediate income.

12820 328TH AVENUE NE DUVALL, WA 3 BEDROOMS 2.5 BATHROOMS 1,840 SQUARE FEET MLS #1147443 5-ACRES SOLD AT $570,000

Wonderful craftsman home on quiet, dead end street in great community of acreage properties. Spacious kitchen

sold

with abundant cabinet space and stainless steel appliances opens to family room overlooking private backyard. 5-cre property with beautiful trees and plants, garden shed, outdoor shower, fire pit, RV parking with hookups. | 17

Everett From the local theatre to the waterfront, Everett is an up and coming community mere minutes from downtown Seattle and Bellevue. Perfectly placed on the waterfront, Everett is an arts loverâ&#x20AC;&#x2122;s dream. Everett has everything from the historic local theatre to the Schack Art center. Immerse yourself in the local shops and boutiques and then settle down for the night with a wonderful local wine.

Median Price Year-Over-Year

12.1

$600K

% Rolling Change over the last 90 Days

$500K $400K

$100K $0

$343,000

Median List Price for Everett

$200K $306,000

353,000

$300K

2016

2017

11315 E IBBERSON DRIVE EVERETT, WA 5 BEDROOMS 5 BATHROOMS 4,981 SQUARE FEET 50’ OF WATERFRONT + DOCK MLS #1138831 OFFERED AT $1,199,888

Ideally situated just north of Seattle, this gorgeous setting on Silver Lake provides a custom-built residence that is a great “launching point” for all that the Northwest offers. Complete with 5 bedrooms, 4.5 baths, theater room, game room, guest quarters with full kitchen, walls of windows with neverending views, putting green & 50’ of waterfront with dock. This home exudes quality and serenity at every turn.

230 143RD STREET SE EVERETT, WA 4 BEDROOMS 1.75 BATHROOMS 1,568 SQUARE FEET MLS # 1145941 OFFERED AT $340,000

Inviting traditional 2-story built in 1901, featuring open flowing spaces: living room with gas fireplace, spacious dining room with bay window, updated kitchen with eating area and newer appliances. Fully fenced backyard with deck, fruit trees, swing/play set, utility shed, re-shingled 1-car garage and RV/Boat parking pad. | 19

Fall City Snoqualmie

Famous for the spectacular Snoqualmie Falls, a world-renowned waterfall that cascades 268 feet over a granite cliff, the city of Snoqualmie is the perfect place to entertain with an elegant Historic District, the Northwest Railway Museum, unique shops, and multiple restaurants. Fall City showcases large suburban estates just outside the community juxtaposed with the historical homes and farmsteads built in the townâ&#x20AC;&#x2122;s heyday.

Median Price Year-Over-Year

Median List Price for Snoqualmie $645,000 for Fall City

$500K $400K $300K $200K

$642,412

642,412

$600K

$540,900

40.2% for Fall City

$645,000

for Snoqualmie

$700K

$460,001

18.8

$800K

% Rolling Change over the last 90 Days

2016

2017

2016

2017

Fall City

Snoqualmie

38348 SE NORTHERN ST. SNOQUALMIE, WA 4 BEDROOMS 1.75 BATHROOMS 1,500 SQUARE FEET MLS #1005387 SOLD AT $357,000

This adorable Bungalow sits on a tree lined street in Historic

sold

Downtown Snoqualmie. Home is loaded with charm & restored details~5 panel doors, covered front porch, crown molding and more. Much larger than it looks, with 2 beds up and 2 beds down there is privacy for everyone. Multiple living, dining & family room spaces. Spacious kitchen and utility room.

34116 SE CARMICHAEL ST. SNOQUALMIE, WA 3 BEDROOMS 2.5 BATHROOMS 1,960 SQUARE FEET MLS #1182908 SOLD AT $545,000

Immaculate 3-bedroom Snoqualmie Ridge home on corner lot. Spacious kitchen with walk-in pantry and living

sold

room on the entry level. Kitchen opens up to patio for summer dinners outside or morning coffee in the fully-fenced yard! Upper level has three large bedrooms with central loft/ bonus room which is perfect for entertainment systems. | 21

Issaquah Sammamish Nestled on the eastside of the seven-mile-long Lake Sammamish, the small town of Sammamish is located about 20 miles from Seattle, and hosts farmerâ&#x20AC;&#x2122;s markets, a Shakespeare theatre and a new aquatic community center. Sammamish ranks 5th for the safest cities in the U.S. Issaquah, just to the south, is a classic community steeped in small town charm. Discover a community known for its amazing arts and festivals, specialty shopping, dining and unparalleled outdoor activities. Median Price Year-Over-Year

Median List Price for Sammamish $627,990 for Issaquah

$600K $500K $400K $300K

$900,000

900,000

$700K

$790,075

11.1% for Issaquah

$627,990

for Sammamish

$800K

$565,000

13.9

$900K

% Rolling Change over the last 90 Days

2016

2017

2016

2017

Issaquah

Sammamish

2514 225TH PLACE NE SAMMAMISH, WA 4 BEDROOMS 2.75 BATHROOMS 3,460 SQUARE FEET MLS #1155465 OFFERED AT $909,950

Charming 2-story home nestled in Heritage Hills conveniently located down a quiet cul-desac. Open kitchen overlooks expansive deck. Large living/ dining room ideal for any type of gathering. Den/office on main level as well. Master bedroom includes a fireplace for those cold winter nights. Extra large bonus room/3 additional bedrooms/utility room and another full bath finish the upper floor.

4121 198TH COURT NE SAMMAMISH, WA 5 BEDROOMS 7.5 BATHROOMS 12,300 SQUARE FEET 2.276 ACRES MLS #1103236 OFFERED AT $5,250,000

Only once in a lifetime does the marriage of form and function come together to create something truly spectacular. Witness greatness at every turn as no expense was spared in the design and construction of this superlative Sammamish estate. Marble, mahogany, and granite flow throughout and draw you from the one room to the next. | 23

Kent Renton Located on the southern shores of Lake Washington, Renton showcases spectacular views of the lake, the Olympics, the Cascades, and Mount Rainier. With more than seventy parks, trails and open spaces for outdoor recreation, Kent is the perfect city to immerse yourself in the Pacific Northwest way of life.

Median Price Year-Over-Year

Median List Price for Renton $353,500 for Kent

$350K $300K $250K $200K

$422,998

422,998

$400K

$380,000

9.8% for Kent

$353,500

for Renton

$450K

$322,000

11.3

$500K

% Rolling Change over the last 90 Days

2016

2017

2016

2017

Kent

Renton

17829 196TH AVENUE SE RENTON, WA 3 BEDROOMS 3 BATHROOMS 3,890 SQUARE FEET MLS #1192259 OFFERED AT $765,000

The chefâ&#x20AC;&#x2122;s kitchen showcases an over-sized island, stainless steel appliances, Brazilian cherry hardwood floors and granite countertops. The spacious twostory covered deck features an outdoor kitchen, hot tub and inviting landscaping with a pond and waterfall. The home offers multiple living areas, MotherIn-Law suite potential with separate entrance. Full security with gated entrance, alarm system and fully fenced yard.

12900 SE 268TH STREET #C KENT, WA 3 BEDROOMS 2.5 BATHROOMS 1,580 SQUARE FEET MLS #1133921 SOLD AT $352,000

With open concept on main floor, granite island, expansive cabinets and counter space, gas cooktop and island seating.

sold

Dining space open to living room and half bath all on main floor. One of the larger back yards in complex, with oversized patio. Upstairs offers large bedrooms, with possible 4th bedroom or use as office space

| 25

Kenmore The Puget Soundâ&#x20AC;&#x2122;s best-kept secret, Kenmore, is home to talented people, innovative ideas, strong businesses and abundant activities. Just minutes from Seattle and the Eastside, you can get to anywhere from here â&#x20AC;&#x201C; by highway, seaplane or boat. Kenmore is an urban community surrounded by the great outdoors. There are family-friendly neighborhoods, an award-winning school district, and many cultural amenities.

Median Price Year-Over-Year

18.8

$800K

% Rolling Change over the last 90 Days

$700K $600K

$300K $200K

$623,500

Median List Price for Kenmore

$400K $525,000

623,500

$500K

2016

2017

8211 NE 159TH ST KENMORE, WA 3 BEDROOMS 1 BATHROOMS 1,136 SQUARE FEET MLS #1007910 OFFERED AT $480,000

Mid-century perfection on a quiet street in desirable,

sold

convenient Moorlands. Smaller home lives large on an elevated 10,740 sf lot with privacy and territorial views. Move-in ready with meticulous updates including stainless steel appliances, granite, vintage oven, lovely bath, luxury laundry and gleaming hardwoods.

822 3RD STREET MUKILTEO, WA 8 BEDROOMS 8 BATHROOM 8,816 SQUARE FEET MLS #1112347 OFFERED AT $1,940,000

Come home to an exceptional historic 1900â&#x20AC;&#x2122;s bell tower with stained glass windows and a steeple that gives way to a unique luxury estate. 18-foot ceilings meet luxury finishes and custom metal and woodwork to create not just a home, but a piece of art.

| 27

Kirkland Located on the shores of Lake Washington and boasting the most waterfront parks and beaches in the Puget Sound area, Kirkland is an unparalleled blend of outdoor recreation, art, dining and boutique shopping. Kirkland is just east of Seattle and is home to award winning hotels, wineries and restaurants. The city also hosts an incredible variety of events from preforming art openings and performances, wine festivals and outdoor concerts. Median Price Year-Over-Year

18.0

$800K

% Rolling Change over the last 90 Days

$700K $600K

$300K $200K

$684,500

Median List Price for Kirkland

$400K $579,975

684,500

$500K

2016

2017

14411 91ST AVENUE NE KIRKLAND, WA 6 BEDROOMS 2.5 BATHROOMS 2,840 SQUARE FEET MLS #1206002 SOLD AT $749,000

Captivating 6 bedroom home on Finn Hill in Kirkland. Remodeled kitchen looks out onto soaring ceilings and sophisticated built in entertainment center in the living room. Expanded deck over large backyard and fresh paint. Second kitchen in the lower level with laundry room and 2 additional bedrooms. 2 car garage with room for a shop or hobby equipment.

945 1ST STREET S #101 KIRKLAND, WA 2.25 BEDROOMS 2 BATHROOMS 2,357 SQUARE FEET MLS #1201589 SOLD AT $1,488,000

Lake, city & mountain views in the heart of vibrant Kirkland. Wide open spaces in formal and casual living areas take

pending

in the ever-changing Western vistas. 2 large bedrooms with en suite baths plus den with built-ins. A/C & sounddampening windows create quiet comfort. Elevator to secure garage with 2 spots and huge private storage area. | 29

Lynnwood One of the best places to shop in Washington, Lynnwood offers an array of shops and shopping outlets. Not only is it bursting with local, trendy shops, it is also home to over 14 miles of recreational trails and some of the best parks the state has to offer. Just a short drive to downtown Seattle or Bellevue, Lynnwood is the perfect afternoon getaway.

Median Price Year-Over-Year

12.1

$600K

% Rolling Change over the last 90 Days

$500K $400K

$100K $0

$425,000

Median List Price for Lynnwood

$200K $378,975

425,000

$300K

2016

2017

16209 E SHORE DRIVE LYNNWOOD, WA 4 BEDROOMS 3 BATHROOMS 2,754 SQUARE FEET MLS #1207245 OFFERED AT $689,900

Serene, lake community with all of the amenities needed to be your respite from a busy world. The house has been completely renovated with no detail over-looked. Private oasis, the perfect place to spend the evening entertaining or to have a quiet cup of coffee in the privacy of your backyard. Martha Lake offers outdoor activities and is close to everythingâ&#x20AC;Śshopping, restaurants, entertainment and major highways.

3116 164TH ST SW #1808 LYNNWOOD, WA 2 BEDROOMS 1.75 BATHROOM 1,063 SQUARE FEET MLS #1148823 OFFERED AT $295,000

Well maintained Wildwood townhome with open concept living for easy entertaining. Kitchen features stainless steel appliances, granite countertops and expansive kitchen island. Main floor features a wood burning fireplace and faces green space. Upstairs find 2 generously sized bedrooms, en-suite master bath & laundry. | 31

Maple Valley One of the â&#x20AC;&#x153;Top Booming Suburbs in Americaâ&#x20AC;?, Maple Valley is a mere 5.8 square miles east of Kent. The uncontested views from the waters of Puget Sound and the landscapes of the Cascade Mountains make Maple Valley a very picturesque up and coming neighborhood. Maple Valley is only 5.8 miles east of Kent with a recent 63% growth.

Median Price Year-Over-Year

11.9

$600K

% Rolling Change over the last 90 Days

$500K $400K

$100K $0

$436,235

Median List Price for Maple Valley

$200K $389,950

436,235

$300K

2016

2017

16020 230TH AVENUE SE MAPLE VALLEY, WA 4 BEDROOMS 5 BATHROOMS 3,440 SQUARE FEET 2.3 ACRES MLS #1199923 OFFERED AT $1,100,000

Exceptionally well designed renovation on 2.3 acre estate,on

pending

a quiet lane with mountain vistas,the home combines great lifestyle and function with all systems and appliances updated or new. Flowing plan with open living & dining rooms, completely new chefs kitchen, refreshed colors and finishes. Dramatic master includes custom built-ins,room size closet and sumptuous spa bath.

26108 232ND PLACE SE MAPLE VALLEY, WA 3 BEDROOMS 2.5 BATHROOMS 2,140 SQUARE FEET MLS #1164741 SOLD AT $450,000

Extraordinary opportunity on a quiet cul-de-sac in the heart of Maple Valley and award-winning Tahoma

sold

School District. Meticulously maintained 1-owner home features private back yard with flagstone patio perfect for entertaining. Upstairs offers oversized loft & Master ensuite bathroom with walk-in closet. Rare 3-car garage. | 33

Redmond Redmond is well known as a center of technology and the location for a number of nationally known high-tech and biomedical companies. Redmond is an incredible destination location; all of Puget Sound turns out for Redmond Derby Days, an annual community festival which includes a bicycle derby around Lake Sammamish. Redmond also has one of the best school systems in the state, scores on standardized tests place the district in the stateâ&#x20AC;&#x2122;s top 10 percent. Median Price Year-Over-Year

15.2

$800K

% Rolling Change over the last 90 Days

$700K $600K

$300K $200K

$729,000

Median List Price for Redmond

$400K $633,000

729,000

$500K

2016

2017

15343 NE 106TH COURT REDMOND, WA 5 BEDROOMS 3.5 BATHROOMS 4,848 SQUARE FEET MLS #1125348 SOLD AT $1,898,888

Over-looking Sammamish River Valley. High ceilings, large windows, extensive trim and finishes. Gourmet kitchen with butlerâ&#x20AC;&#x2122;s pantry. Covered patios on multiple levels with fireplace. Lower level fully plumbed for future kitchen and possible ADU. Home structured for inclusion of future elevator connecting all levels. Multiple heating systems with AC.

17739 NE 113TH WAY REDMOND, WA 4 BEDROOMS 3.5 BATHROOMS 2,600 SQUARE FEET MLS #1198453 SOLD AT $930,000

The trifecta - location, style, and value! Modern great room concept floor plan with top-flight amenities & high level finish work includes: espresso hardwoods, granite slab counters. Master ensuite features 5-piece. master bath with dual head shower, soaking tub and walk-in closet. Award-winning Lake Washington schools. | 35

Seattle Seattle is one of the fastest growing cities in the United States right now thanks to the technology boom. Itâ&#x20AC;&#x2122;s a city full of life and landmarks, whether you want to catch a game or stop by the Space Needle, Seattle has it all. The Seattle Skyline is breathtaking and ever expanding, and with the city being surrounded by the Cascade and Olympic Mountains means the view is astonishing.

Median Price Year-Over-Year

14.5

$800K

% Rolling Change over the last 90 Days

$700K $600K

$300K $200K

$629,950

Median List Price for Seattle

$400K $550,000

629,950

$500K

2016

2017

1811 NE 80TH STREET SEATTLE, WA 4 BEDROOMS 2.75 BATHROOMS 2,440 SQUARE FEET MLS #1195651 OFFERED AT $899,888

Genuine Seattle Living! Beautiful Tudor home, soon to be yours! 4 bedroom/2.75 bath, stainless steel appliances and slate counter tops are found in charming Kitchen. Fully fenced backyard including a storage unit with an abundance of storage. “Move in Ready!” Easy access to I-5, University of Washington, University Village and more.

4126 SW 107TH STREET SEATTLE, WA 4 BEDROOMS 3 BATHROOMS 3,100 SQUARE FEET MLS #1156948 SOLD AT $1,110,000

On the edge of the Arroyo’s, this fully renovated mid century contemporary, sits nestled in the heart of the Arbor Heights

sold

Community. South facing views of Mount Rainier, Three Tree Point & Maury/Vashon Island. Natural light year round shines on the rich woods and stone work within the well thought out modern lines. Mature professional landscaping. | 37

Snohomish Known as the “Antique Capital of the Northwest”, Snohomish has a wonderful selection of antiques with over 350 dealers to choose from. Residents and visitors will enjoy strolling among the city’s late 19th- and early 20th-century architecture and stopping at the delightful variety of charming shops and popular restaurants. Visitors can also treat themselves to a scenic overhead view of the Snohomish River Valley.

Median Price Year-Over-Year

8.3

$700K

% Rolling Change over the last 90 Days

$600K $500K

$200K $100K

$485,000

Median List Price for Snohomish

$300K $448,000

485,000

$400K

2016

2017

6430 174TH PLACE SE SNOHOMISH, WA 4 BEDROOMS 4 BATHROOMS 3,276 SQUARE FEET MLS #1201344 OFFERED AT $1,050,000

Immaculate, sophisticated, styled, upgraded in every way this close in Snohomish home is a must see. Every detail taken care of making this a true turnkey estate. Main floor master with 3 additional bedrooms, additional den has been used as a bedroom with all needed accessories, bonus & family rooms. Enjoy entertaining or serenity on its expansive and private deck. In luxury residential cul-de-sac.

11402 (LOT 8) 207TH ST SE SNOHOMISH, WA 4 BEDROOMS 3.75 BATHROOMS 3,700 SQUARE FEET MLS #1151846 OFFERED AT $1,160,000

New construction home with 7-car garage, space for RV, and shop. Nestled on a half acre, level corner lot, this luxurious home features vaulted ceilings, barn door to master suite, heated floors in the master bath with walkin double shower, exquisite lighting, hardwood floors and so much more. Covered back deck with out door fireplace. | 39

Tacoma Tacoma is home to a vibrant community of writers, artists and musicians, photographers, passionate entrepreneurs and small business owners. Tacoma draws families to its charming neighborhoods with big city amenities, a unique downtown and itâ&#x20AC;&#x2122;s competitively priced living spaces. Tacoma also has some of the best views to offer with mountain, city and water views.

Median Price Year-Over-Year

11.1

$600K

% Rolling Change over the last 90 Days

$500K $400K

$100K $0

$250,000

Median List Price for Tacoma

$200K $225,000

250,000

$300K

2016

2017

6418 EAST SIDE DRIVE NE #A TACOMA, WA 3 BEDROOMS 3.25 BATHROOMS 3,318 SQUARE FEET MLS #1181338 OFFERED AT $799,000

AnchoRidge waterfront townhome offers 3 levels of luxury with sound and mountain views! Desirable end-unit with gated courtyard entrance and oversized 3-car garage. Wall of windows on all 3 levels, access to decks & patios all three levels. Tiled entry, sunroom or office, gourmet kitchen with 5-burner gas cooktop, walk-in pantry & island. Living room with gas fireplace. Master suite with 5-piece bath and private deck.

832 S STEELE STREET TACOMA, WA 2 BEDROOMS 2 BATHROOMS 1,603 SQUARE FEET MLS #1201323 PENDING AT $350,000

Enjoy the charm of this historic Craftsman, but with a modern floor plan and complete stylish remodel. High end finishes, endless stylish mill work. Oversized gourmet kitchen with Shaker cabinets, quartz counters, LG stainless steel appliances and gas range. Upstairs is a dreamy master suite, with walk-in and 5-piece bath. | 41

Woodinville Nestled in the Sammamish River Valley just 8 miles north of Bellevue, Woodinville is best known as a wine tasting destination with over 100 wineries and tasting rooms to choose from. Woodinville features some of the most beautiful equestrian properties in the area. The town is truly magical with its beautiful river valley and small-town vibe. Come to Woodinville to live the vacation lifestyle, or make it your destination getaway retreat.

Median Price Year-Over-Year

10.8

$800K

% Rolling Change over the last 90 Days

$700K $600K

$300K $200K

$700,000

Median List Price for Woodinville

$400K $631,550

700,000

$500K

2016

2017

8227 243RD STREET SE WOODINVILLE, WA 4 BEDROOMS 3.5 BATHROOMS 3,090 SQUARE FEET 1.55 ACRES MLS #1129843 SOLD AT $1,040,000

Custom-built rambler in Wellington. This one-owner home

sold

is meticulously cared for. Over 3000 sq ft featuring: hydronic radiant floors, vaulted ceiling entry, chefs kitchen with slab granite, large island, Sub Zero refrigerator and Dacor range. Family room with open floor plan to kitchen. Master, luxurious bath and large walk-in closet, custom drawers and shelving. Large laundry with 3/4 bath.

16111 216TH AVENUE NE WOODINVILLE, WA 5 BEDROOMS 4.5 BATHROOMS 4,180 SQUARE FEET 1.35 ACRES MLS #1110390 OFFERED AT $888,000

Welcome to your personal oasis, a retreat in the middle of three neighborhoods Woodinville, Redmond, and Duvall. Serene outdoor living retreat: Covered, over-sized deck designed perfectly for the Pacific NW, heat lamps, glass-windowed views to shield the wind and rain and outdoor television and speakers.

| 43

1130 150TH PLACE NW MARYSVILLE, WA 8910 137TH AVENUE SE NEWCASTLE, WA

4 BEDROOMS

2615 E BEAVER LAKE DRIVE SE SAMMAMISH, WA

4 BATHROOMS 5 BEDROOMS

2,816 SQUARE FEET

4 BEDROOMS

3.25 BATHROOMS

MLS #1144113

2.5 BATHROOMS

3,751 SQUARE FEET MLS #1207578 OFFERED AT $1,100,000

OFFERED AT $1,100,000

Large 4 bedroom rambler on 7 flat, usable

3,020 SQUARE FEET MLS #1205031 OFFERED AT $1,250,000

acres. Cross fenced with 3 horse stalls, this Desirable Bennett resale in

is a perfect equestrian property. 2 shops

Sunny and open in a quiet setting with large

Ridgewood,Newcastle. Beautiful finishes

totaling over 5,500 sf, includes 2 RV bays,

private yard & entertaining patio. Grand

throughout this elegant craftsman. Brazilian cherry hardwood floors, slate

studio apartment & office. Stunning kitchen entry showcases vaulted ceilings in living and dining rooms. Fresh kitchen with white remodel will leave you breathless, feat. 2

entry, tiled baths. Gourmet kitchen with

large islands, 3 sinks, stainless appliances

cabinets and granite counters include a

island, stainless steel appliances, slab

& leather finished granite counters.

fabulous island, work station and nook. Main

granite counters. Master suite on main

Expansive covered patio with outdoor

floor office/den, laundry and mudroom off

floor. 4-car garage, fully fenced backyard.

kitchen, stone pizza oven & granite bar top.

3-car garage. Rounded staircase leads you

Lighted sports court, gazebo & hot tub.

to master suite wtih 5-piece bath.

Just Listed | FOURTH QUARTER 2017

121 SILVER QUEEN LANE, CLE ELUM, WA 3932 ROSE ROAD STANWOOD, WA

5 BEDROOMS

17924 COVE LANE MOUNT VERNON, WA

4.75 BATHROOMS 3 BEDROOMS

5,380 SQUARE FEET

4 BEDROOMS

2 BATHROOMS

MLS #1203106

4.25 BATHROOMS

1,978 SQUARE FEET MLS #1201832 OFFERED AT $525,000

4,800 SQUARE FEET OFFERED AT 1,995,000

Stunning custom built villa in Suncadiaâ&#x20AC;&#x2122;s

MLS #1195102 OFFERED AT $1,499,999

Tumble Creek gated community, with 24Completely rebuilt rambler from top to

hr security. Gourmet kitchen with Viking,

Custom built home on 2-parcels of

bottom with beautiful high end finishes

Sub-Zero & Bosch appliances, separate

waterfront on Big Lake, 130 feet to enjoy

throughout. Covered porch welcomes you in this inviting floor plan with large, open

wet bar, spacious and inviting great room, daily. With no details forgotten in this west facing home offering 4 bedrooms, custom finishes throughout. With floor

kitchen featuring ample cabinet space,

to ceiling windows, game room, office,

4.5 bathrooms, boat house, dock w/boat

large center island, Quartz counters,

2 loft areas, covered outdoor living with

lift, large open kitchen, wine cellar, 3+ car

hardwood flooring throughout. New Trex

fireplace & barbecue, outdoor firepit and

garage, plenty of additional guest parking,

deck overlooking half acre of fenced yard.

hot tub. Community offers clubhouse.

sauna + hot tub & private driveway & road.

3-car garage for all the toys. A/C & more!

| 45

GNE // 2017 LAS VEGAS

In late September, a group of brokers representing Marketplace Sotheby’s International Realty flew into Las Vegas for Sotheby’s global networking event – a much anticipated annual occasion gathering real estate professionals from all corners of the world in one place, to share best practices, innovations and the company’s vision for the future, with a passion that is intoxicating. From its auction house beginnings in 1744, to the launch of its real estate franchise in 1976, the Sotheby’s approach to selling homes has always been founded on diligent client care, with service excellence at its core. But perhaps one of its defining philosophies is one of evolution and diversification, in order to meet and exceed its client needs, in an ever-evolving market. One that harnesses the power of globality, cutting edge digital marketing, extensive media networks and emerging technologies such as virtual reality. One that continually enhances its approach to video, photography and printed visuals that showcase the house, the home, the lifestyle.

IT DEFINES A LIFESTYLE; ONE THAT IS

And life is in fact at the heart of Sotheby’s new marketing campaign and core company values. A mission statement that was greeted by thunderous applause. The “live” campaign for 2018 extracts what lies at the core of what we do; it focuses in on what makes a property a home, what makes a building unique, which features define warmth, love, passion, functionality, relaxation, creativity, happiness and peace – in your home. It defines a lifestyle: one that is distinct, special and unique. The extensive tools through which we portray these lifestyles in order to best market your home, are constantly being finetuned, so that we may remain at the cutting edge of our markets, and continue to deliver exceptional service to you.

...CONTINUED...

| 47

...CONTINUED... GNE // 2017 // LAS VEGAS

Martha Stewart and Ritz-Carlton’s senior corporate director of culture transformation, Jeff Hargett, delivered inspirational speeches at the event. Both exuded the foundational values that are at the epicenter of who we are: how care, passion, hard work and a vision that puts the customer at the heart of every business decision has propelled these brands to stellar heights. And in the case of Stewart, made her a household name.

THAT’S WHAT OUR BRAND IS ALL ABOUT. MSIR broker Matt Hart, who attended the global conference, said: “Martha Stewart embodies lifestyle, and that’s what our brand is all about. So, having the opportunity to listen to her story and hear her perspective, was both empowering and motivating. Our company culture is one that drives innovation and embraces change, to maintain market leadership; and so it was inspiring to have the opportunity to hear so many cutting edge ideas and learn from top brokers from all over the world. To be able to bring some of that back home with us and incorporate that into our own business is really going to help us grow to that next level, and provide best in class services to my clients.” We are proud to be working within a brand that takes its customers and their homes to heart. One that understands the art of selling the way of life that comes with every home. One that appreciates the beauty in each property, at any price point. And one that is focused on giving back too. Sotheby’s International Realty has in fact partnered with New Story, an emergent non-profit that builds communities of homes for those in need across the globe, giving its brokers the opportunity to also give back and provide a life, via the donation of a home, to those who need it most.

| 49

1401 VERNON ROAD LAKE STEVENS, WA 8268 COWICHAN DRIVE BLAINE, WA

3 BEDROOMS

2112 WHALEN DRIVE POINT ROBERTS, WA

2.25 BATHROOMS 4 BEDROOMS

2,902 SQUARE FEET

6 BEDROOMS

1.75 BATHROOMS

MLS #1182929

6 BATHROOMS

2,439 SQUARE FEET MLS #1191906 OFFERED AT $428,888

OFFERED AT $658,900

NW Contemporary with lake and mountain

5,828 SQUARE FEET MLS #902245 OFFERED AT $1,195,000

views on .44 acres plus private deeded Truly distinctive homes are constructed

community beach! Open floorplan with

Magnificent views of Boundary Bay and BC

with great care, oriented with the

wide plank hardwood floors, newly

from the huge expanse of windows. Vaulted

course of the sun and the views from

remodeled entertainer’s kitchen adjacent

ceilings, designer Chef’s dine-in kitchen

the windows in mind. When the coveted

to dining room and massive living room north light floods the open concept family with gas fireplace. Remodeled main floor room, the morning sun warms the kitchen master with spa bathroom, walk-in closet

with granite counters, large dining room,

and the family room takes in the entire

and private deck. Expansive family room

fully-equipped gym and 3-car garage. Large

expanse of the gardens and Lake.

with fireplace & amazing 10-person sauna.

decks and patios, fountain & a bocce court.

2 family rooms, living room, master with steam shower and jetted tub, 3 fireplaces, a