2023 YEAR IN REVIEW
Table of Contents Real Residential - Our 1st Year 2023 Listing & Sales Activity CHIPs - A Development Company Neighborhood Spotlights & Notable Sales What's On The Horizon?
Real Residential - Our 1st Year We took a massive leap of faith in leaving Compass after nearly 5 years. The prevailing mindset was to provide a Real - Duty of Care to our clients & the industry in one of the most challenging real estate environments that we’ve seen in the past 20 years. This was no a small feat. Our commitment to our clients and belief in the level of service that we provide was the driving force for us to forge out on our own. 2023 saw Real accomplish new heights as a brokerage team through outstanding work of our brokers who collectively brought resounding results. It was amazing year to witness our growth and not let the market forces slow us down. We have an outstanding & talented group of brokers ready to take on 2024. On a personal level, the transition to Real was smooth sailing with my highest sales volume of my career. This is a testament to the continued hard work and our current & past clients, who continue to look to us as their trusted real estate advisors. Thank you.
$654M
362
#1 Team
7 Top 200 Brokers
Sales Volume
2023 - Real Trends
Property Sales
WA State - Top 200
2023 Sales Activity & Rankings
71
63
8
Closed & Pending Sales
Listings
Buyers
$61M
Top 1%
#12
Sales Volume
All Sales Seattle Brokers
Total Listings Sold
9
14
CHIPs Homes Built
CHIPs Upcoming Homes
Market specialties include the following areas: Central Seattle, Northeast Seattle, Northwest Seattle, South Seattle, Renton, and Shoreline. Resale Homes, Townhomes & Condos, New Construction Developments, Mutli-Family Dwellings
Integrity. Experience. Commitment.
CHIPs - A Development Company My passion project w CHIPs development sites were a resounding success. Our pride in creating highly curated homes that are a proud addition to the communities we work within is our ultimate goal. We believe we achieved this goal of quality & design for the discerning homeowner to enjoy for generations to come. We could not have done this without our outstanding partners: Pineapple ID Experience Design Group Forrister Contracting (214 29th Ave E & 762 N 65th St) Bungalow Building Corp (3313 S Dearborn St) 1st Security Bank & Heritage Bank Cleave Architects, Vandervort Architects, and Akasha Designs Hernandez Capital & Knowledge Base Consulting
LESCHI
3313 S Dearborn St | $1.95M
MADISON VALLEY 216 29th Ave E
MADISON VALLEY 214B 29th Ave | $819K
MADISON VALLEY 214 29th Ave E | $1.8M
GREENLAKE
762 N 65th St | $1.36M
GREENLAKE
762B N 65th St - $829k
Neighborhood Spotlight
South Park
South Park is a canvas of community, painted with the colors of creativity. Embark on a journey where local events, lively farmers' markets, and inspiring art festivals create a mosaic of daily life. In this neighborhood, your neighbors aren't just inhabitants; they're the threads that weave the fabric of shared experiences. 1008-1004 S Donovan St 6 Beautiful new construction cottages in thriving, connected community. 1040-1044 S Donovan St 6 new construction cottages among robust growth and development 11 upcoming home sites (coming 2024)
HERNANDEZ CAPITAL 1040-1048 S Donovan St
GREENSTREAM INVESTMENTS 1008-1004 S Donovan St
Neighborhood Spotlight
Madrona / Madison Valley Madrona & Madison Valley – one of Seattle’s best-kept secrets. Diverse and relaxed neighborhoods with a small-town feel. 1634 & 1628 30th Ave Local builder group Coombs Development presents two elegantly perched new construction homes standing proud on the Madrona hillside. 1130-1132 34th Ave Chaffey Building Group’s unmatched build quality and an entrepreneurial lifestyle connect the rare Live+Work. 11 upcoming home sites (coming in 2024)
COOMBES DEVELOPMENT
COOMBES DEVELOPMENT
CHAFFEY BUILDING GROUP
MADRONA
1643 30th Ave | $2.95M
1130 - 1132 34th Avenue | $660k - $1.45M
1628 30th Ave
707 - 713 34th Ave
Neighborhood Spotlight
Central District
The Central District is a living testament to Seattle's rich history, where heritage homes stand proudly beside modern architectural marvels. It's not just a neighborhood; it's a living chronicle where the past gracefully meets the present. 329 - 331 18th Ave Gerry Homes presents another refined urban masterpiece. Showcasing their detailed craftsmanship and quality homebuilding. City View - 16th & Washington Ashworth Homes 23 home development. Bright & light filled homes with several 2&3 bed floorplans. 2313 - 2315 E Harrison St Exciting new construction nestled along a tree-lined street at the cusp of Capitol Hill. Built by Tang Real Estate. 11 upcoming home sites (coming in 2024)
GERRY HOMES
329-331 18th Ave | $785k - $1.45M
ASHWORTH HOMES
16th & Washington - 23 Townhomes
TANG REAL ESTATE
2313-2315 E Harrison St | $830k - $1.5M
Neighborhood Spotlight
Beacon Hill & South Seattle Neighbors aren't just faces; they're the heartbeat of the community. Cultural diversity and connections are a cherished part of South Seattle's evolving story. 2005 & 2009 S Stevens St Modern home design partnered with 20th century simplicity by Greenstream Investments & New Image in N Beacon Hill.
6103 - 6105 S Norfolk St A new design concept brought to Upper Rainier Beach with Hernandez Capital’s single family, ADU/DADU project.
9 upcoming home sites (coming in 2024)
GREENSTREAM INVESTMENTS 2005 S Stevens St | $1.45M
GREENSTREAM INVESTMENTS 2009 S Stevens St | $519K
HERNANDEZ CAPITAL 6103 - 6105 S Norfolk St
2023
Notable Sales
CROWN HILL - BRIKAT HOMES 9713 - 9715 4TH AVE NW | $710k - $1.395M
MADRONA
1634 30th Ave | $2.95M
BROWNS POINT
4012 Harbor Ridge Rd NE | $735K
MEADOWBROOK 2713 NE 103rd St | $1M
MADISON VALLEY
LESCHI
RENTON
SHORELINE
214 - 216 29th Ave E | $819k - $1.8M
19415 SE 170th St | $690k
3313 S Dearborn St | $1.95M
2116 N 172nd, St | $940k
WEST SEATTLE CHARM
LAKE FOREST PARK
MOUNTLAKE TERRACE
WEST SEATTLE
3702 SW Holden St | $625k
4504 243rd Pl SW | $790K
19749 41st Ave NE | $965K
6767 68th Ave SW | $893k
What’s In Store for 2024? We anticipate 2024 being a very productive and busy year in the Seattle real estate market. Home inventory is still relatively low making supply an issue, while the demand has remained pretty strong. With interest rates dipping at the end of 2023, there is hope that the governmental rate game is looking favorable for possibly a lowering or mortgage rates through 2024. This would keep demand high and possibly get owners to jump into the market to buy, freeing up more inventory. On a personal front, my hope is for a more consistent connection with you to ensure that I’m available for any real estate needs you have. We’ll continue to build new homes through CHIPs, however we have not lost sight of our core business; serving our buyers & sellers and ensuring your referrals are in great hands. I’m looking forward to another wonderful year!
albert@realresidential.com albert-clark.com