New Listing: Fantastic Burien Home

Fresh vibes in this entirely updated 2-level home, featuring living room with hardwood floors & wood burning fireplace w/brick surround. Open kitchen layout has plenty of cabinetry, slab counters, tile backsplash, gas cooking. Dining room with updated light fixture, has oversized slider leading out to deck overlooking backyard, perfect for dinner parties al fresco. Ample floorplan includes 4 bedrooms, 2.75 baths, including main floor master with huge walk-in closet & gorgeous attached master bath with double vanity and large shower. Fully finished downstairs : Lower level family room has fun custom built-ins., extra office nook, and laundry. Carport Parking, fenced backyard. Best of all, enjoy Lot A Beach Rights included: epic sunsets, firepits, boat launch, playground, duck pond, 700 ft of waterfront and beach.

{ 4 Bedrooms / 2.75 Baths / 2080 Finished Home sq ft / 10,500 Sq Ft Lot / 1.5 Miles to Angle Lake Light Rail Stop / Offered at $539,000 }

 

  1. Click for copy of Preliminary Title Report: document
  2. Seller Disclosure: 18920 4th S – Form 17 – Seller Disclosure – Improv
  3. Click for Seller-procured Inspection Report: Brown_Nicole Combined Report (1)
  4. Click Here for Lot A Beach Rights Info, and tour: https://youtu.be/2jUre-CpHHM
  5. Click for Septic Docs: 18920 4th 2019 final
  6. Click Here for Photo Gallery

 

Inquries? Leah@windermere.com


Posted on September 12, 2019 at 6:12 pm
Leah Pham | Posted in Real Estate |

Q2 2019 Seattle Metro Market Update

Q2 Seattle metro real estate numbers closed where the trends had suggested. While available inventory continues to tic upwards, average sales price declined 7%. This is further evidence that our market continues to moderate from the frenzied pace of the past 5+ years.

These are just a few highlights included on the full Quarterly Report.


Posted on August 19, 2019 at 3:58 am
Leah Pham | Posted in Market News, Real Estate |

July 2019 Metro Seattle Stats

METRO SEATTLE Real Estate Market Update

July 2019 statistics with % change from June 2019
Sold Listings: 756 -1%
Total Inventory: 1,296 -10%
Average Sales Price: $892,000 —
Average Days on Market: 26 +13%

The complexity between buyers and sellers is the result of different experiences and expectations. With online data, media coverage, family & friends all providing different perspectives on the market, buyers and sellers are succeeding by utilizing experienced professionals to sift through the voluminous data available. Buyers have very specific expectations on what they are looking for, a combination of condition, location/lifestyle and price are all required. Sellers’ objectives have centered on price and they are beginning to understand that buyers’ definition of value is much more.

Knowledge, communication and partnership are critical components of today’s real estate market. I know your goals are unique I know your goals are unique. Let’s start a conversation.

Sincerely,
leah


Posted on August 17, 2019 at 12:51 am
Leah Pham | Posted in Market News, Real Estate |

May 2019 Metro Seattle Market Update


METRO SEATTLE Real Estate Market Update

May 2019 statistics with % change from April 2019
Sold Listings: 797 +7%
Total Inventory: 1,378 +30%
Average Sales Price: $915,000 +1%
Average Days on Market: 25 -11%

Metro Seattle real estate data suggests we may see a shift from a seller dominated market to a buyer supported position. An experienced local expert will assist you in navigating the shifting factors in today’s market. I welcome the opportunity to leverage data for your success.

Buyers will benefit from inventory growth
In May, Metro Seattle’s real estate market offered buyers more opportunity for success. New listings increased 24% while pending sales increased a modest 6%. What does this tell us? With more inventory available, buyers have more options. It has been years since buyers have had an equal position in the market. The key is understanding local statistics and trends in order to make an informed decision. I welcome the challenge to create a solid plan for your success.


Posted on June 19, 2019 at 5:26 pm
Leah Pham | Posted in Market News, Real Estate |

Q1 2019 Metro Seattle Housing Report

Q1 data is traditionally a subtle indicator of what we might
expect for the spring selling season. However, February’s
unprecedented snow and weather conditions brought
the greater Seattle and Eastside area to a standstill for
the better part of the month. Given this unique quarter, we
find ourselves looking at the performance from the last
30 days to determine what we may expect this second
quarter.
In March, Metro Seattle saw new listings increase 71%
from the previous month and at the same time pending
sales increased by 80%. Sales outpacing new inventory
confirms that buyer demand remains strong. While
average sales price was 13% higher than February, the
90-day price trend is down 3% during the same period a
year ago. Although multiple offers have returned, many
of these offers were near the asking price. This is another
indicator that Seattle’s home prices have and continue
to stabilize. Finally, mortgage rates decreased in Q1 and
continue to show signs of this trend.
Most media reports are only looking at a narrow time
period and rarely provide the full perspective of the
market. Buyers and Sellers are well advised to seek the
advice of an experienced real estate professional to gain
the specifics that will serve their objectives. I welcome the
opportunity to provide you with facts that will position you
to succeed in today’s market.


Posted on April 23, 2019 at 7:58 pm
Leah Pham | Posted in Market News, Real Estate |

March 2019 Market Update


METRO SEATTLE Real Estate Market Update
NWMLS Data: Q1 2019 statistics with % change from Q1 2018
Sold Listings: 1,341 -3%
Available Inventory: 2,351 +131%
Average Sales Price: $845,667 -3%
Average Days on Market: 48 +127%

Metro Seattle Q1 2018 vs Q1 2019
In March, Metro Seattle saw new listings increase 71% from the previous month and at the same time pending sales increased by 80%. Sales outpacing new inventory confirms that buyer demand remains strong. While average sales price was 13% higher than February, the 90-day price trend is down 3% during the same period a year ago. These are indicators that Seattle’s home prices have and continue to stabilize. If a move is in your future, I welcome the opportunity to start discussing your needs and how to succeed in today’s market.


Posted on April 18, 2019 at 1:59 am
Leah Pham | Posted in Market News, Real Estate, Uncategorized |

Feb 2019 Snapshot


METRO SEATTLE RESIDENTIAL:
JANUARY 2019 statistics with % change from DECEMBER 2018
Average Sales Price: $ 817,000 -4%
Total Inventory: 709 -8%
New Listings: 627 +166%
Sold Listings: 344 -24%
Average Days on Market: 50 +16%

Indicators continue to support a balancing market.
January real estate results continue to support a balancing of the Metro Seattle real estate market. For the last 90 days ending January 31, 2019, sales prices are up a modest 1%. Further, new listings in January 2019 were up a healthy 26% compared to last year. We will be watching these indicators in anticipation of a strong selling season this Spring.
Statistical data continues to support a balancing market with sale prices essentially flat to last year, and new listings increasing at a healthy pace. We will be watching all indicators that impact the real estate market in anticipation of a strong selling season this Spring. If a move is in your future, I welcome an opportunity to answer any questions you have.


Posted on March 10, 2019 at 3:37 am
Leah Pham | Posted in Uncategorized |

2018 in Review: Annual Report


Posted on February 9, 2019 at 7:02 pm
Leah Pham | Posted in Market News, Real Estate |

October 2018 Market Snapshot

Can a balanced market be on the horizon?

After 90 days of residential inventory increases in the Metro Seattle area, we are beginning to see signs that a balanced market may be closer than we thought. While median sales price in October dropped a modest 2%, most Seattle neighborhoods have seen more aggressive reductions in August and September. October is the first month we have seen sales numbers increase and inventory numbers decrease at the same time. This may be an indication that prices and inventory are stabilizing. If you have questions about this quickly adapting market and the details that could benefit you, I welcome an opportunity to discuss.

METRO SEATTLE Real Estate Market Update
Metro Seattle residential inventory is DOWN 5% following 90 days of significant increases.

NWMLS Data: OCTOBER 2018 statistics with % change from SEPTEMBER 2018
MEDIAN SALES PRICE: $760,000 -2%
NUMBER OF HOMES FOR SALE: 1303 -5%
NUMBER OF SOLD LISTINGS: 606 +18%
NUMBER OF PENDING SALES: 603 +6%
NUMBER OF NEW LISTINGS: 862 -25%
AVERAGE DAYS ON MARKET: 25 +9%


Posted on November 16, 2018 at 8:23 pm
Leah Pham | Posted in Market News, Real Estate |

Q3 Seattle Metro Housing Report 2018


Posted on October 19, 2018 at 7:00 pm
Leah Pham | Posted in Market News, Real Estate |