Madrona Wine Tasting Event – Nov 14th

Madrona WineCome join your Madrona neighbors for the Fifth Annual Fall Wine Tasting event on Saturday November 14 from 6:30-8:30pm at St. Therese Church and stock your wine cabinet just in time for holiday entertaining.

Tickets are on sale now for $32.50.  All tickets include wine tasting with special pricing on a variety of wines, including deep case discounts (pennies above cost!).

Ticket sales benefit the Madrona Community Council and fund neighborhood activities like Mayfair, Halloween and other community-building events.  A special thank you to Leschi Market for arranging the wine selection.

We hope to see you there this year!  It is a fun event and open to all who are 21 years-old and up.

Volunteers Needed For Halloween In Madrona Kickoff Event

PumpkinsThe Madrona Community Council has been hosting a Halloween celebration for the little ghosts and goblins of Madrona since 1995, and this year is no exception. A kickoff event at the Shelterhouse at the Madrona playground will take place between 4:00 and 6:00 p.m. on the 31st, and volunteers are needed to provide sweet treats (either candy or baked goods) for the trick-or-treaters. E-mail Stacey Kryman at staceykryman@gmail.com if you would like to volunteer. More info to come on all the Madrona Halloween festivities!

Leschi & Madrona Real Estate Recap: September

Featured Home - 832 31st Avenue South, Leschi

Featured Home – 832 31st Avenue South, Leschi
                  Click on the image for more information

Though the Leschi and Madrona real estate markets don’t typically see high volumes of home sales per month, Madrona saw even fewer home sales than normal in September. The neighborhood only saw two completed sales of single-family homes last month, down from 11 in August, though prices remained high with an average sales price of $942,000. Leschi real estate, in comparison, saw 12 completed sales in September at an average sales price of $934,265. The combined 14 sales in the two neighborhoods represented a slight decrease over the year, with 18 homes sold during the same period in 2014, but despite the seeming slowdown, average sales prices are up over the year. The combined average in 2014 was $705,994, compared to $935,370 in 2015.

Among the 14 total sales in both neighborhoods, prices ranged from $599,950 for a new-construction modern town home on the west edge of Leschi; to $1,612,500 for a renovated modern home perched above Lake Washington, also in Leschi. Eight homes sold at or above listing price, with the highest sales-to-list-price ratio at 116.2 percent for a classic 1906 Foursquare home in Leschi. There were no condo sales in either Leschi or Madrona in September.

Currently, there are 11 active Madrona home listings, with prices ranging from $599,000 to $2,795,000; and 18 active listings in Leschi, with prices ranging from $525,000 to $5,895,000.

These statistics were gathered from the Northwest Multiple Listing Service, but were not compiled or published by that organization.

Please feel free to contact me if you would like a complimentary price estimate of your home, or for advice on buying or selling a home in Leschi or Madrona. Click here to see what’s currently available in the area!

Kristine Losh, Ewing & Clark, Inc.