February 17th Waterfront Update

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Waterfront Report

5 NEW LISTINGS

Kirkland ($3.8 M), Lake Sammamish ($1.4 M), South Bellevue ($2.3 M), Washington Park ($6.4 M), and Windermere ($4.5 M)

2 PENDING SALES

Lake Sammamish ($2.3 M), and Newport Shores ($3.0 M)

NO SOLD PROPERTIES

No closed sales this week

Click here to see listing details

© Copyright 2017, Windermere Real Estate/Mercer Island |  (206) 232-0446 | mercerisland@windermere.com | 2737 77th Ave SE, Mercer Island, WA 98040.  Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.

February 10th Seattle Area Waterfront Update

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Waterfront Report

4 NEW LISTINGS

Lake Sammamish ($1.5 M), Magnolia ($8.0 M), Mercer Island ($5.9 M), and Newport Shores ($2.9 M)

4 PENDING SALES

Lake Forest Park ($1.5 M), Matthews Beach ($2.2 M), and Mercer Island ($6.5 M, $6.6 M)

2 SOLD PROPERTIES

Kirkland-West of Market ($3.8 M) and Lake Sammamish ($2.8 M)

Click here to see listing details

© Copyright 2017, Windermere Real Estate/Mercer Island |  (206) 232-0446 | mercerisland@windermere.com | 2737 77th Ave SE, Mercer Island, WA 98040.  Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.

February 3rd Seattle Area Waterfront Update

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Waterfront Report

8 NEW LISTINGS

Kirkland ($4.8 M), Lake Sammamish ($2.3 M), Mercer Island ($4.5 M, $6.5 M, $8.8 M),
Newport Shores ($4.7 M), Renton ($2.8 M), and Washington Park ($12.9 M)

3 PENDING SALES

Lake Sammamish ($1.7 M, $2.6 M) and Laurelhurst ($10.0 M)

3 SOLD PROPERTIES

Lake Forest Park ($1.6 M), Mercer Island ($3.8 M) and Renton ($2.0 M)

Click here to see listing details

Windermere Real Estate/Mercer Island | 2737 77th Ave SE | Mercer Island, WA 98040
o: (206) 232-0446 | e: mercerisland@windermere.com | w: windermeremercerisland.com

January 27th Seattle Area Waterfront Update

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Waterfront Report

6 NEW LISTINGS

Hunts Point ($5.8 M), Lake Sammamish ($2.6 M, $4.7 M), Leschi ($4.5 M), and Mercer Island ($2.8 M, $5.3 M)

3 PENDING SALES

Kirkland ($3.6 M), Lake Sammamish ($4.2 M) and Renton ($3.0 M)

2 SOLD PROPERTIES

Bellevue ($5.3 M) and Kirkland ($4.5 M)

Click here to see listing details

Windermere Real Estate/Mercer Island | 2737 77th Ave SE | Mercer Island, WA 98040
o: (206) 232-0446 | e: mercerisland@windermere.com | w: windermeremercerisland.com

January 13th Seattle Area Waterfront Update

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Waterfront Report

4 NEW LISTINGS

Lake Sammamish ($1.7 M), Kirkland ($3.6 M), and Lake Forest Park ($1.7 M, $3.0 M)

2 PENDING SALES

Hunts Point ($9.0 M), Mercer Island ($9.0 M)

NO SOLD PROPERTIES

No closed sale activity this week.

Click here to see listing details

Windermere Real Estate/Mercer Island | 2737 77th Ave SE | Mercer Island, WA 98040
o: (206) 232-0446 | e: mercerisland@windermere.com | w: windermeremercerisland.com

2016 Greater Seattle-Eastside Annual Waterfront Report

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Waterfront Report

2016 WATERFRONT YEAR IN REVIEW

Seattle-Eastside waterfront velocity slowed slightly in 2016—likely an extension of the oversupply of inventory that has plagued the $2,000,000 and above market. Highly desirable properties have continued to transact at handsome prices. But, those that require significant imagination, time and expense or present fundamental challenges (topography, access, exposure, quality of waterfront, etc.) have languished on the market for months.

Evolving from years past, more waterfront buyers today are attracted to not only homes with the right location and logistics, but those that are in exquisite turn-key condition. To be sure, there is still a tear down/rebuild-renovate market, but with the uncertainties of far-reaching waterfront codes and regulatory restrictions and an emerging ‘have it now’ mindset, we are seeing greater demand from buyers who want waterfront homes ready to move in to and now.

The highest waterfront sale in the region, at $9,751,880, was a Westside Mercer Island 9,750 square-foot contemporary just south of the I-90 bridge on 250 feet of level waterfront. Nearly tied with that sale was a 9,762 square-foot Laurelhurst traditional on 180 feet of level waterfront.

Check out the full Waterfront Report for a complete list of waterfront home sales by address and community.

 

 

© Copyright 2017, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.