Madrona Real Estate Report – August 2017

Madison Valley View

The Madrona real estate market has shown quite the change last month compared to August 2016. There were 13 sales last month and 7 last year (8/16). The average sold price for single-family homes has jumped from $896,929 to $1,016,660. According to the Northwest Multiple Listing Service, homes are selling in just over two weeks. There are currently 5 active listings and 10 pending.

Past Ewing and Clark Madrona Sale

The Leschi market has slowed down this past August compared to a year ago. There were 4 sales last month, compared to 7 in August 2016. The average sales price has dropped from $822,500 (8/16) to $680,250 (8/17). Single-family homes sold, on average, in 33 days.

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. Currently in the central Seattle area there are 91 active listings and 102 pending listings.

For Sale: Madison Valley Home

This fabulous Madison Valley town home offers great location, views, finishes, & value! The slate floor entry is spacious enough to accommodate an entry bench and table for keys, mail, etc. A three-quarter bath, a generous bedroom, and a sunny office are also on this level. Sliding doors unite the office to the 280 sf patio great for entertaining or a little fresh-air quiet time on a summer day.

The 2nd level of this home serves as the primary living space and has freshly refinished cherry floors throughout. Kitchen is equipped with stainless appliances. The windows on this level each provide a beautiful outlook: west facing windows from the kitchen look out to mature Japanese Maple and garden area, a large picture window over the built-in bench in dining room adds a tree-house back drop, and the living area is surrounded by airy views of Cascade Range with the lush, age-old trees of Washington Park in the foreground. A gas fireplace surrounded by built-ins for your library or treasures provides great ambiance & warmth during the winter months. A powder room is conveniently located on this level as well.

Vaulted ceilings and bright white walls along with the views of Lake Washington, Bellevue skyline, Cascades, and green Seattle canopy make for a heavenly master bedroom on the 3rd floor of this home. A connecting full bath with jetted tub, walk-in closet, and separate closet for full size washer/dryer complete this room. The 3rd bedroom, also with vaulted ceilings, has bright, western exposure and a large closet. This room shares the large bathroom on this floor and can access through 2nd door off the hallway.

The amazing central location is walking distance to parks, groceries, multiple coffee shops and fine eateries, quick bus to downtown, close to Lake Washington beaches, and easy access to I-5, 520, and I-90. This low maintenance, ready to move in home will buy you time in your schedule for doing the things you enjoy!

For more information contact Ewing and Clark or Kristine Losh directly.

There will be an open house this Saturday, September 9th, from 1 pm – 4pm. 

Save the Date!

The Annual Madrona Wine Tasting has come early this year, so mark your calendars! This October 7th, from 6:30pm – 8:30pm, the Madrona Community Counsel will be holding their annual wine tasting fundraiser at St. Therese Social Hall (900 35th Ave). The event is organized by Leschi Market and will be featuring many vintners!

You can find tickets @ http://bpt.me/3065567

More information to come!

Fred Hutch’s Obliteride Rolls Madrona

Fred Hutch’s Obliteride Rolls Madrona on August 13

 

Cheer on the riders as they pedal through your neighborhood

 

 

Fred Hutch’s Obliteride, the ride to end cancer is marking its 5th anniversary and is bigger than ever. About 2,000 riders are participating to raise money for cancer research at Fred Hutch on Sunday, Aug. 13.

There will be no road closures but we are encouraging motorists to look out for riders and are hoping residents will come out and cheer on riders.

2017 Madrona Summer Concert Series

Madrona Summer Concert’s start tomorrow at the Madrona Playfield! Join your neighbors Thursday evenings, between 6pm & 8pm, in the park for a night of music and fun! Bring your picnic, blanket, and chairs and enjoy local bands!

The schedule is as follows:

August 10th, The Parlour Shakes

August 17th, Bell Thompson Group

August 24th, Mud Junket

August 31st, TBD

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!

New Madrona Pre-K Coming This Fall!

 

Pipas, a home-based pre-k program, is coming to Madrona this fall!

They are experienced educators and artists with deep Seattle roots, looking forward to growing a creative, nurturing, developmentally-appropriate program in the heart of the neighborhood.

This is what a daily schedule looks like at Pipas:
9-9:30

Arrival, and play. block building, easel painting, sensory science with water, puzzles, impromptu puppet show, postcard writing….

9:30-10

Gathering. songs, show and tell/sharing, stories, check-in, calendar, group game

10—10:30

Snack. kid-assisted apple slicing, self-smear sunflowerbutter on rice cakes, dishwashing

10:30-12

Play, and more. pattern blocks with maps, paper mache moons, planned puppet show- written by kids, obstacle course, English-Portuguese color bingo, clean up

12-12:30

Lunch. time for eating, stories, sharing, down time, and looking ahead

12:30-1

Outdoors. move, run, jump, walk backwards, kick, throw, blow bubbles, find worms, hammer geodes, collect dandelions

Looking for a preschool program for your 3.5-5-year-old? Join us for a meet and greet, Tuesday, January 17, 6 pm. 

Visit their site and email for further details.

http://www.pipas-seattle.com/

 

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 Business Spotlight: Switchback Travel

switchbackSwitchback Travel occupies a quiet corner on 34th Avenue and Pike Street in Madrona, but visit the travel company’s website and find yourself among fjords in Norway, glacier-blue lakes in Patagonia, and looking out over jaw-dropping vistas from the peaks of the North Cascades in our own backyard. An underlying theme of adventure threads throughout Switchback’s catalogue of detailed travel guides, focusing on where to hike, ski, climb and more in locations as varied as the well-tracked American West to Tierra del Fuego in the southernmost reaches of Argentina. Not only that, but the site’s extensive selection of product and gear reviews ensure you’ll know which tents will keep you dry, which shoes will hold up on your trek, and which camera to capture it all with.

Switchback founder David Wilkinson set out to create an online destination for travel guides that don’t follow the traditional guidebook formula, and prioritizes quality and length of content over quantity. “We aim for articles that are longer than the norm, have writing that is more polished, and are written by people that truly are experts in the field. Instead of publishing articles as fast as we can, we try to make sure they are written and designed the right way,” Wilkinson wrote in an e-mail. For example, readers can follow contributor and accomplished climber Chris Kalman up and down the peaks of the Andes in the Cochamó Valley in Chile through his three-part journal, or read about photographer Cody Duncan’s personal journey to the Lofoten Islands in Norway.

The site is easy to navigate and every page brings one stunning photograph after another, which was part of Switchback’s design strategy. Wilkinson says, “I was always someone who grabbed a travel guidebook and went straight for the photographs in the middle, so photography and good user experience both were big priorities.” There is also only one ad per page, which is a refreshing departure from travel sites running endless ads for car rentals and hotels.

Although the site, which was founded in 2011, now has a global reach (a third of its readers are in Europe), Wilkinson says he is enjoying the office’s tucked away location in Madrona. The neighborhood was the first place he visited in Seattle, and he says “There is a lot more in terms of business here than most people realize, with start-ups, design studios, small businesses, etc. Madrona is a vibrant community and I’m happy to be a part of it.” So, give the Switchback crew a wave when you’re in the neighborhood, and visit the site for endless travel inspiration!

Madrona Neighborhood Garage Sale Is Tomorrow!

Get out your best walking shoes and prepare to hunt for treasures at the 25 homes participating in the Madrona Neighborhood Garage Sale tomorrow, June 28. Sellers are offering everything from art supplies and iPads to strollers and antiques, so there is sure to be something for everyone. You can pick up a map of participating homes at Cupcake Royale on 34th and Spring before you start, or download one here and print your own. The map also includes a short description of what each home is selling and what time they’ll be starting. Even if you’re not planning on buying anything, this is a great opportunity to socialize with your neighbors and get some exercise. See you all tomorrow!

map2