Real Estate

What a difference a year makes. Record low interest rates, a significant shortage of inventory, continued strong hiring by Amazon, Microsoft and a slew of smaller to midsize companies and a general belief that the market has hit bottom has resulted in strong appreciation for most Seattle home owners and sellers in 2012. For the 11th consecutive month the median sale price for single-family homes sold in Northwest Seattle, including Wallingford, met or exceeded the sale price for the same period…

One of my regular running routes from Wallingford to Green Lake is along Wallingford Avenue. It's an easy mile from here to there and the street is, for the most part, pretty quiet with roundabouts aplenty above N. 50th St. Over the years, I've seen houses for sale, houses under renovation, and houses painted and repainted. But what I'm most impressed about this stretch of Wallingford is that it's very neighborly. During the warmer months, it's not uncommon to see neighbors…

For the 11th consecutive month the median sale price for single-family homes sold in Northwest Seattle, including Wallingford, met or exceeded the sale price for the same period a year prior. Much of this trend can be attributed to a nearly 50% decrease in the supply of homes compared to the previous year. The median sale price for single-family homes in NW Seattle was $420,000 for November compared to $379,000 for November of 2011. The average sale price for NW Seattle…

Wallyhood sponsor John Madrid is a Managing Broker with John L. Scott Real Estate - University Village and is a 2005-2012 Seattle Magazine "Five Star" Agent. His clients include both home buyers and sellers. He can be reached at 206-498-1880, [email protected] or www.live206.com. Every month, John will provide us with updates on the housing market in the neighborhood. Here's his update for September: For the 9th consecutive month the median sale price for single-family homes sold in Northwest Seattle, including Wallingford, met or exceeded the…

The following guest post was written by John Madrid, a Managing Broker with John L. Scott Real Estate - University Village and is a 2005-2012 Seattle Magazine "Five Star" Agent. His clients include both home buyers and sellers. He can be reached at 206-498-1880, [email protected] or www.live206.com. Click on each image once to open them individually, then again for a larger view. For the 8th consecutive month the median sale price for single-family homes sold in Northwest Seattle, including Wallingford, met or exceeded the…

It almost seems ludicrous for me to call it the "Babalu" building since it's been a Wallingford landmark since 1926; but hey, it made for a snappy headline. The building I'm referring to, of course, is the one in brick, located on the corner of N. 45th Street at Wallingford Avenue North, which is up for sale for a mere $5,500,000. Here's the listing: One of the most prominent corners in Wallingford is up for sale. 11,000 square foot mixed use building with…