In order to capture the full picture of how the market is faring week-to-week during COVID-19, Windermere has closely tracked residential sales activity in King County. An analysis of weekly pending home sales tells a tale of three markets: Before the shutdown, the first weeks of the shutdown, and everything since.
A pre-shutdown recap shows that the market was flat in January compared to the same month last year, while February saw a spike as pending units significantly outpaced those of 2019. And the first half of March – the weeks immediately before the statewide shutdown – showed slightly higher activity than March 2019. Then the Stay Home order kicked in, real estate brokers and their buyers were forced to the sidelines, and the market stalled. As a result, the last two weeks of March and each week of April saw pending sales well below those from last year.
Since the first week of April, however, pending sales have been on the rise, revealing a market that is gaining steam once again. Home sales are still trending behind last year’s but catching up remarkably fast. Whereas April began with weekly pending sales at only 40% of 2019 levels, by mid-May that figure had climbed to 79%.
Though the shutdown initially slowed King County’s spring market to a trickle, home purchase activity is now strengthening each week as the pace quickens for both buyers and their brokers.
Welcome home to this incredibly special 1917 Craftsman, which has been lovingly restored and upgraded with care. This home is move-in ready! Enjoy main floor open Greatroom concept, filled with natural light and overlooks private backyard. Generous entryway with built-ins and heated tile floor. Thoughtfully upgraded kitchen boasts custom Cherry Creek cabinetry, Pental Quartz counters, gas range, peninsula island. Living & dining areas with refinished fir floors. Custom library wall adorns the stairwell leading up to the Master Suite. Enjoy upstairs Master bedroom with vaulted ceiling, skylights, private deck with sunset views, walk-in closet with organizer; spa-bath ensuite has heated tile floor, custom vanity, tiled shower. Daylight lower level features separate entry, living area, full kitchenette, two bedrooms, full bath with heated floors and solartube. Private location sited on a corner lot on a newly declared permanent City Healthy Street greenway, just one block to Hitts Hill Park, 0.7 mile to Columbia City Light Rail stop. Enjoy all your favorite Columbia City spots just 3 blocks away: PCC, Library, Geraldines, CC Bakery, Flying Lion, Poke to the Max, Empire Espresso & more. Systems updated, Move right in & enjoy the good life!
Photo Gallery: Click Here
Video Tour: YouTube
3D Matterport Tour: View Here
Seller Disclosure: Form 17
Inspection Report: Combined Report
Sewer Inspection: Sewer Scope Report
Prelim Title: ALTA Commit for Title Ins
Upgrades Sheet: Upgrades
Roof/Gutter/Siding Cleaning: Completed on May 12
For a private viewing, ore more information contact listing broker:
Leah Pham, Windermere Real Estate Midtown
Full report via PDF:
4 Bedrooms / 1 Full Bath / 1660 sq ft Home, including 400 sq ft Garage / MLS #1587111
Delight in this 1958 Lovell urban farmhouse sited on a large lot, this stylish bungalow is completely updated and move-in ready! Enjoy warm hardwood floors throughout generous living room filled with natural light, and cozy up by the wood-burning fireplace. Enjoy a meal in the dining room overlooking the front yard greenery via south-facing window. Fresh kitchen was just remodeled with white shaker cabinetry, quartz counters, tile floor, subway tile backsplash, and stainless appliances. Two good-sized main floor bedrooms have easy access to hallway full bathroom refreshed with new tile flooring & tile tub surround, updated vanity & fixtures. Fun upstairs space has two extra bedrooms, pine shiplap walls, and period era built-ins. Convenient mud room / laundry room offers storage, and leads out to large backyard. Back covered patio is well-suited for hosting summer dinner parties, and overlooks backyard oasis: completely fenced and gets great sun exposure for the garden, plus firepit area, and plenty of grass for lawn games with friends. Attached oversized garage with workshop space, plus off-street parking for additional vehicles, or RV. Within walking distance to Hazel Valley Park, a bus line; and super convenient access to Downtown Seattle via Hwy 509, to SeaTac Airport, Southcenter, or hip happenings in West Seattle or Olde Town Burien. Truly idyllic! Please contact me for a private tour: 206-992-2019 or firstname.lastname@example.org
Hear what our Windermere Chief Economist, Matthew Gardner, has to say about the effects of the Covid19 Virus and the Housing Market
New to market in Boulevard Park, this urban Bungalow is a delight: sited on a large 10,000 sq ft lot, This nest is completely updated and move-in ready. Enjoy warm cherry hardwood floors throughout generous living room filled with natural light via west-facing windows. Updated kitchen has shaker cabinetry, granite counters, ceramic tile floor, and stainless appliances. Two good-sized bedrooms have easy access to hall full bathroom complete with tile flooring & tile tub surround. Convenient mud room / laundry room offers storage, and leads to large back yard. Back deck is well-suited for hosting summer dinner parties, and overlooks backyard oasis: completely fenced and gets great sun exposure for the garden. Mature fruiting Cherry trees, established raspberry bushes, unique rainwater cistern system, room for your chicken coop, and no neighbors behind you. Great lofted shed space is ideal for a workshop and for storing gear: bikes, camping equipment, kayaks, etc; or potential to convert to home office or tiny home? Home upgrades include: gas heat, double-pane windows, updated electrical wiring & panel, brand new roof. Off-street parking for two, plus room for your vintage camper. Within walking distance to Southern Heights Park, bus line, fun Moore Coffee Shop, or weekend brunch at Flight Path. Super convenient access to Downtown Seattle via Hwy 509 or 99, to SeaTac Airport, Southcenter, or hip happenings in Georgetown, West Seattle or Olde Town Burien. Truly idyllic!
1. Seller Disclosure Form 17: > <
2. Lead Paint Disclosure: > <
4. Sewer Scope report from 2015 by Hydrophysics: > Scope Report <
5. Upgrades Sheet: > Upgrades Sheet <
6. Prelim Title Report: > ALTA Prelim Title <
Please reach out with any Questions/Comments! Leah Pham, Windermere Wall St Group, 206.992.2019 cell/text
Seattle Metro 2019 Housing Market Overview
After years of declining inventory and aggressive price appreciation, 2019 brought a sense of balance to the Metro Seattle real estate market. Affordability issues led to moderation in prices as buyers pulled back to assess market conditions.
Today marks my 20th year with Windermere! To celebrate this milestone, I plan to spend some time in my neighborhood volunteering with King County Parks at this upcoming event: http://whitecenternow.com/2020/01/08/spend-your-mlk-day-of-service-at-dick-thurnau-park/
Throughout the years there have been many ups and downs in this career: a housing recession, housing highs, a marriage, my three babies, and a current divorce. Throughout it all… you have stayed current and devoted. Your trust, dedication, support, kindness, and friendship are most appreciated! Thank you so much for always being there for me, for lifting me up. I am dedicated to be of service to you, I am always here to help, and I look forward to connecting with you soon.
In celebration of the 28 homes I had the opportunity to sell this year, I have donated to the following charities to celebrate these closings. My 2019 Charitable Giving included donations to:
American Heart Association
UW Alumni Association
NW Sarcoma Foundation
Standup For The Cure
Spin 4 Crohns/Colitis
Evergreen Treatment Center
Climate Strike Solidarity Fund
Vietnamese Friendship Society
Chief Sealth Intl HS
White Center Food Bank
WS Co-op Preschools
Social Justice Fund NW
American Red Cross
Rainier Valley Corps
Rebuilding Together Seattle
Please tell me, What is your favorite charity? I’ll be sure to include them in my giving plan for next year!