Madrona Real Estate Market – May 2017

The Madrona real estate market hasn’t changed drastically compared to last May (2016). Reports show the same amount in sales and only a small increase in the average median list price, $1,090,595(2016) to $1,110,400 (2017). Homes stayed on the market for an average of 66 days last month. Last May homes were only on the market for an average of 8 days. There are currently 8 active listings and 6 pending.

The neighborhood next door, Leschi, is showing a great amount of growth in the market compared to last year. Though there were 3 less sales than last May, the median sales price has gone up from $765,000 (May 2016) to $1,024,950 (May 2017). The lowest cost of a home has jumped nearly 93% from last May, numbers climbed from $425,000 to $819,950. Two of the sales last month were condo sales, one sold for $259,950 and the other sold for $1,995,000. There are currently 12 active listings and 12 pending in the Leschi neighborhood.

Madrona is a part of “Central Seattle” as defined by Seattle real estate agents. Central Seattle real estate mainly includes the area from the Montlake cut to I-90 and from Lake Washington to I-5.  The start of the year shows home prices are up across the city and sales for the first five months are down with 705 sold versus 715 sold in 2016. Currently in the central Seattle area there are 141 active listings for sale and rent.

If you have any questions about the Seattle real estate market, please feel free to reach out to a local Seattle real estate agent.

Photos Above :

New rental listing in the Madrona neighborhood! 

728 36th Ave, Seattle

Beautifully remodeled tudor on one of Madrona's most desirable streets.
Amazing 180 degree views of Lake Washington, Cascades, Rainier.
Master suite + 2 additional beds and 1 bath up. Gorgeous cooks kitchen
with stainless appliances and built in eating area. 2-car attached 
garage off alley.

Available for $6,000 a month. Contact Kristine Losh for further details
or click here!

 

 

Head down to the Epiphany Community Hall at 1805 38th Ave, this Saturday (1/14/2017) for the First Annual Madrona Winter Playfair! The event will take place between 4 and 7pm. Bring a craft or game to share, sing or play an instrument, or bring potluck snacks or beverages! Crafts and activities include Pokemon Play and Trade, learn to knit, play, book exchange, story reading, and much more! Everyone is welcome!

Babysitters are welcome to showcase their services!

Call Audrey at 206-329-8775 or 206-669-3995

The First Annual Madrona Winter Playfair!

 

Head down to the Epiphany Community Hall at 1805 38th Ave, this Saturday (1/14/2017) for the First Annual Madrona Winter Playfair! The event will take place between 4 and 7pm. Bring a craft or game to share, sing or play an instrument, or bring potluck snacks or beverages! Crafts and activities include Pokemon Play and Trade, learn to knit, play, book exchange, story reading, and much more! Everyone is welcome!

Babysitters are welcome to showcase their services!

Call Audrey at 206-329-8775 or 206-669-3995

Annual Events!

 

Fall is here along with Leschi & Madrona annual events!

On Saturday September 10th, from 11am-4pm head down along Lake Washington Blvd and Leschi Park for the 5th Annual Leschi Street Fair & Art Walk! Live music, parade, kid activities, & much more! leschiartwalk.comleschi

On Saturday November 5th, from 6:30pm-8:30pm the Madrona Community Council will be holding their annual fundraiser at St.Therese Social Hall on 35th ! The MCC and Leschi Market will together hold a Wine Tasting, get tickets here -> http://brownpapertickets.com/event/2595083

Happy Fall, y’all! 

madrona-school-sign-tp

The Madrona Real Estate market has remained steady this summer as compared to last year. The number of total sales are about equal: 19 sales in 2015 versus 20 sales for the same time period in 2016 (June through mid-August (when this was written)).  What has changed in a year is the rise in sale prices. For example, the highest sales price in summer of 2015 was $1,650,000.  This summer there are two sales over that amount, one home down on Lake Washington Boulevard sold for $3,500,000 and another on 36th Ave sold for $2,598,888.  The median sales price was at $1,077,500, a $248,500 rise from July of 2015. In both 2015 and 2016, homes tend to sell for their list price or above.

Central Seattle real estate, which includes Madrona but also includes the area from the Montlake cut to I-90 and from Lake Washington to I-5, is showing signs of strengths. The median year-to-date sales price is up from $829,000 (July 2015) to $1,077,500 (2016), and the average year-to-date is up from $924,950 (July 2015) to $1,310,000 (2016).  Thus, the strong real estate market is not only in Madrona but the surrounding areas as well.

Concerts in the Park

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Every Thursday in August head to the Madrona Playfield for the 2nd Annual MCC Concerts in the Park! On August 4th at 6pm look forward to Mud Junket. The six-piece band brings funky rhythms and tight harmonies to every set. Think of them as a trip to a friendly juke joint located musically someplace between New Orleans, Macon, Austin and Chicago. Kitten Patrol will be performing on August 11th at 6pm. A band of 5 young girls, ages 10-15, playing blues and soul. August 18th the local jazz vocalist, Katy Bourne will be bringing her fun loving personality to the park at 6pm. Katy and her band perform at nightspots, private functions and festivals throughout the Northwest. On August 25th at 6pm The Professors will close out the MCC Concerts for the summer. The electric blend of roots rock, alternative country, psychedelia, and rockabilly. The Professors have been molding minds since 2009 with their dance-worthy tunes from the 1960s to today. Bring a blanket and picnic dinner while enjoying these local musicians!

Google Comes to Seattle!

googlers

Even though school is out for the summer, Leschi Elementary stayed very busy this month! From getting the garden prepared for summer planting, to giving the walls a new coat of paint, and cataloging the fiction books in the library. With the help from some Googlers and Seattle Works, the school was able to make all their projects a reality.

GoogleServe volunteers assisted the summer school participants with weeding, churning compost into garden soil, building trellises, and making a sustainable water bottle irrigation system! The library is also in order after their visit. They have recorded the fiction books into to the school catalogue, making access to the library resources easier for teachers. The school is organized, cleaned, and repainted. What a perfect way to start the 2016 school year!

Googlers volunteer all year, but in June they celebrate collectively during GoogleServe to help their favorite organization. The volunteer campaign has done over 800 projects nation-wide just this year! They will make their way back to Seattle next year, serving the community with helping hands once again.

This Weekend in Madrona

 

All around Seattle neighborhoods will be celebrating the end of spring and start of summer! The Madrona Community Council will be hosting the Madrona Neighborhood Garage Sale and Bike and Ball Drive this Saturday! The garage sale descriptions and map are available on Craigslist, Madrona Moms, and Nextdoor. You can also get a paper addition at Verite on June 17th and 18th.

The Bike and Ball drive is the perfect way to finish off spring cleaning! Rid your garage of all bikes, bike parts, and soccer or basketballs that aren’t being used. The event will take place at the Madrona Playfield from 10am-1pm. Bike Works is a 501(c)(3) non-profit organization in need of bikes in good condition, including 20” wheel BMX style bikes, 24” and 26” wheel mountain bikes, and road bikes of any size. Didi Burpee will be collecting soccer and basketballs to donate to Seattle’s World School.

Madrona’s Neighbor Appreciation Day Is Coming!

madrona-school-sign-tpIt’s almost time again to celebrate and honor our friends and neighbors here in the Madrona community!

Join your neighbors to celebrate Madrona’s Neighbor Appreciation Day this Saturday, Feb. 6 from 9:30-11am.  The gathering will take place at Madrona PK-8 School library with ceremonies begining promptly at 10:00am.

Awards include:

  1. The Nora Award: Named in honor of Madrona activist Nora Wood, this award is given to a Madrona resident who, over time and in ways both large and small, has left a personal mark on the community.
  2. The Local Hero Award: Given to a Madrona resident for an act of heroism, singular kindness or generosity.
  3. The Tyrone Love Unsung Hero Award: Given to a Madrona resident for service to others in the larger community.  Named after community and youth activist and mentor Tyrone Love who dedicated much of his life to the youth of the community.
  4. The Madrona Resident for Life Award: Bestowed upon a long-time, active resident who has left Madrona but remains dearly missed.

This event provides the opportunity for all members of the community to not only enjoy the accomplishments of our adult residents, but to meet the award winners from Madrona K-8 School as well. In addition to all the excitement, the Mayor is confirmed to attend this years event!

It’s time to meet and celebrate the accomplishments of your neighbors, big and small and remember why Madrona is such a strong, wonderful community you’re proud to be a part of!

You can run Pritty Boys Pizza in Madrona!

pizzaDo you want to run a pizza restaurant in Madrona?  As many of you know, Pritty Boys Pizza closed, but the business is available for purchase.  We should have known this was coming: the owner’s Madrona home recently went on the market and the rumor is they moved across the lake.

We hope someone buys the restaurant….we already miss the fun family atmosphere, the pizza, and our personal favorite: the broccoli.  First the Madrona Ale House gets rid of their toys, now this!  Madrona families with young children are panicking.

We wish the Pritty Boy’s owners well.  They quietly supported Madrona activities such as Mayfair, Madrona Dine Out for Madrona K-8, and recently paid for a large portion of the holiday decorations for the Madrona business district.