Monday, April 30, 2012

Prime Madrona Real Estate For Sale

A gorgeous 1920′s Dutch Colonial in the avidly sought out Madrona real estate area, with fantastic views of Lake Washington, Bellevue skyline, Mt Rainier & Cascades recently came on the market. The completely remodeled Madrona home presents a modern, open floor plan, with pretty entry gardens and front porch open to the oak floors and crisp lines of the interior. Fir windows and doors, with two sets of French doors opening to a spacious deck. The kitchen has an impressive limestone island and top of the line high end appliances. The huge master bedroom suite fills the entire 2nd floor with two additional bedrooms on the lower level.
Click the link to see more pictures, details and location of this fabulous Madrona home.

Status: For Sale
Bed/Bath: 3/2.25
List Price: $1,365,000  

Tuesday, April 10, 2012

King County Home Prices on the Rise

The median price of buying a home in the King County area last month was the highest we’ve seen since September. According to stats from the MLS, last month’s median sale price was $330,000, which is 7% higher than it was the previous month, (which happened to hit an all time low).
This indicates that in some areas of King County, the housing market is starting to recover. According to the Seattle Times, prices in Seattle were up 3% from this time last year and even 9% up from February. The overall optimistic outlook on the housing market is neighborhood specific of course; neighborhoods in North Seattle, and those Northeast of I-90 have seen a double digit statistic increase year after year, whereas the median price in South King County has fallen nearly 17% since last Spring. Median prices from February to March have had the tendency to increase in the past, but that isn’t always the case. While condo sales have seen an increase nationwide, short sales have decreased over 30% from this time last year. For more information about the King County housing market, visit the Seattle Times.