Capitol Hill Real Estate: Steady as She Goes

Capitol Hill SeattleCapitol Hill Real Estate is pretty steady as compared to last year.  This July there was 51 sales, the average days on market for a Capitol Hill property was 35 days, and the average sales price was just over $500,000.  Comparing this to last July there was 57 sales, the average was 32 days on market, and the average sales price was slightly over $525,000.  All the numbers are very similar to the previous year.  For example, the above pictured North Capitol Hill home sold twice in the past year and half.  Both times the home sold for essentially the same price indicating the market has been relatively steady over that time.

Capitol Hill real estate market has a small sample size so the statistics have to be tempered because a few sales can make a huge difference.  Looking at both residential and condo sales in the Central Seattle real estate market (east of I-5 to the lake; south of the Montlake Cut to I-90) the number of sales increased (last July 146 sales vs 153 sales this July) but the average sales price decreased slightly from $650,977 to $644,454.

While numbers were gathered from the Northwest Multiple listing Service; Statistics not compiled or published by the Northwest Multiple Listing Service.

Feel free to contact me if you want a complimentary price opinion of your home:  Kristine Losh, Ewing & Clark Real Estate.

North Capitol Hill Craftsman Home: $685,000

cap hill blog home

This lovely 4 bed, 2.25 bath North Capitol Hill Craftsman home is now available! Features of the home include beamed ceilings, oak flooring, wainscot paneling, large windows, cheerful garden, covered porch and an upper deck. The home is located in close proximity to shops, restaurants, Volunteer Park, schools and also a short distance to the University of Washington, downtown Seattle and freeway access. The home is currently leased through February 2015, if you are interested in this or other Capitol Hill neighborhood homes, contact your local real estate agent today!

Status: For Sale
Bed/Bath: 4/2.25
Price: $685,000