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DECEMBER 13, 2017
VOL. 98, NO. 50
Should a residential property be listed in the Holiday season?
As a residential broker who works in advantage of a tax deduction for their closthe Queen Anne & Magnolia markets, I ing costs. Adding closing costs to itemized encourage sellers to meet with their real deductions could be great incentive to finalize estate brokers months or even years in a residential purchase before the new year. advance to develop a game plan and stratInventory of residential real estate listings egies designed to prepare their property remains tight. A healthy, balanced market is to receive a maximum return. Sometimes generally considered to be one with a three circumstances dictate a faster approach. or four-month supply of listings. ResidenIn the Fall months, when I meet with selltial supply in Queen Anne and Magnolia Ken Graff has hovered around a one-month supply all ers for the initial consultation, many say they’d like to do so the following Spring. of 2017. The current shortage in inventory, COLDWELL This is understandable. Year after year, the particularly in the off-season, gives a comBANKER BAIN petitive edge to those sellers who chose to list peak of residential sales happens during Spring and early summer. However, some during the Holiday Season. It is also likely are surprised to learn that most years also that there are qualified buyers taking time see another spike in sales during December. The off work during the season allowing them to attend Holiday season can be a great time to successfully open houses where an otherwise busy work schedule list a residential property for sale if a seller can’t or might keep them from doing so. Residential real doesn’t want to wait. estate is the ultimate impulse buy for many, and it While history shows that there tend to be fewer isn’t uncommon for people who attend open houses active buyers during the Holiday season, those that to ultimately purchase the property. are looking may be more motivated buyers due to necessity. Corporate transferees continue to arrive in Ken Graff is a native Seattle REALTOR® named to Seattle wanting to buy in the area and may not want Coldwell Banker Bain’s International President’s Elite to wait until Spring. Buyers may also want to take for his exemplary record of success.
QUEEN ANNE VIEW MASTERPIECE Offered at $3,100,000
TOP TEN - Magnolia Residential Address
Bed
Bath
Sq Ft
Built
Days on Market
Orig Price
List Price
Sold Price
2015 Condon Wy W
3
2.00
1,970
1926
6
$899,900
$899,900
$1,005,000
3730 Magnolia Blvd W
4
2.75
3,200
1956
37
$1,100,000
$1,100,000
$1,045,000
2910 W Smith St
3
2.50
2,710
1939
6
$1,090,000
$1,090,000
$1,160,000
3047 37th Ave W
4
2.75
3,140
1953
7
$1,390,000
$1,390,000
$1,390,000
3257 26th Ave W
4
2.50
3,260
1968
17
$1,595,000
$1,595,000
$1,595,000
3208 40th Ave W
4
3.50
4,240
2007
24
$1,599,000
$1,599,000
$1,600,000
2567 39th Ave W
4
3.50
3,200
1994
8
$1,650,000
$1,650,000
$1,650,000
3756 W Commodore Wy
2
2.50
3,253
1997
35
$2,000,000
$1,800,000
$1,700,000
1800 Amherst Place W
4
3.75
4,200
1962
7
$1,785,000
$1,785,000
$1,785,000
3000 42nd Ave W
4
3.25
4,310
1941
220
$2,295,000
$1,850,000
$1,825,000
TOP TEN - Queen Anne Residential Address
Bed
Bath
Sq Ft
Built
Days on Market
2921 10th Place W
4
2.50
3,160
1931
11
2302 4th Ave N
3
2.50
3,120
1924
1934 10th Ave W
5
3.50
3,111
459 Newton St
4
2.50
909 W Crockett St
4
2107 2nd Ave W
Orig Price
List Price
Sold Price
$1,399,000
$1,399,000
$1,450,000
35
$1,595,000
$1,529,000
$1,489,000
2017
46
$1,595,000
$1,498,000
$1,498,000
3,580
1919
12
$1,650,000
$1,650,000
$1,540,000
3.00
3,100
1912
5
$1,585,000
$1,585,000
$1,585,000
3
2.50
2,700
1908
7
$1,425,000
$1,425,000
$1,604,000
515 W Comstock St
3
3.00
3,420
1968
12
$1,800,000
$1,800,000
$1,800,000
116 Prospect St
5
3.25
3,730
1985
13
$2,225,000
$2,225,000
$2,132,000
656 W Galer St
4
5.25
4,300
1907
7
$3,085,000
$3,085,000
$3,085,000
1100 5th Ave W
4
4.00
5,677
1956
143
$7,500,000
$7,500,000
$6,200,000
Designed by Stuart Silk, this truly stunning residence is the ultimate in grace and sophistication. Breathtaking panoramic views of Lake Union, Cascade Mtns. and more. Main floor offers 14’ ceilings, walls of windows that bring in huge East views and light, chef ’s kitchen with adj family room. Second floor boasts view master suite, two add’l bedrooms and full bath. Lower level greets you with wine room, bonus room, steam bath. Huge 2-car attached garage. Enchanting gardens and terraces set the stage for glorious entertaining!
Ellen Gillette BROKER l ABR
20 years of experience helping buyers and sellers successfully navigate through one of the most stressful times in their lives. Office Cell Fax
(206) 283-8080 (206) 478-0941 (206) 283-5650
egillette@windermere.com MakeSeattleYourHome.com
Nine steps to put your garden to bed Laura Matter GARDEN HOTLINE
Many creatures in the garden go to sleep in the winter–but not your soil. As autumn leaves start to fall and our Northern Hemisphere tilts away from the sun, it comes time to say goodbye to many annual vegetable friends and prepare the rest of the garden
for major soil building. Thanks to plentiful rainfall during the cool season, the soil reaps many benefits: many amendments are more easily distributed, the soil particles aggregate in more loamy ways, earthworms keep churning and building the soil profile, and
microbes digest detritus into gold. So before going inside for wintertime, harness the natural processes outside to grow your garden’s capacity for an awesome season next year. Follow these nine steps:
1. Love Your Leaves
Fallen leaves from deciduous trees are one of the greatest and least expensive resources out there for building soil. Since leaves Nine Steps, Page 2