R O Y Al Manor

APRIL 2016 EDITION | SALES STATS FOR MARCH 2016 ROYAL MANOR

inside this issue

02 Featured Building Royal Manor

Featured Listing 03 Delightful Corner Unit at the Concord 05 Downtown Seattle, Queen CONDO SCOOP Anne, Capitol Hill / Eastlake PUGET SOUND Market Analysis & Sold Listings 08 Ballard/Greenlake, North & West Seattle Market Analysis & Sold Listings 12 Kirkland & Bellevue Market Analysis & Sold Listings

206.910.5000 www.stroupe.com 1 featured building royal manor CLASSIC FIRST HILL HIGH-RISE

BUILDING FACTS & STATS

ADDRESS SALES HISTORY, PAST 12 MONTHS 1120 8th Avenue Average-Unit Original List Price: NEIGHBORHOOD $632,500 First Hill Average-Unit Sale Price: TOTAL # OF UNITS $597,167 64 List / Sold Price Ratio: YEAR BUILT 94% 1970 Average-Sold Price per sq ft: TOTAL STORIES $479.65 (no 13th floor) 22 Average Market Time: 38 days LISTING HISTORY, PAST 12 MONTHS AMENITIES (From 4/1/2015 to 3/31/2016) Club Room with a Full Kitchen, Fitness Total # of Units Listed: 6 Located on one of the beautiful, tree-lined avenues of First Hill, Royal Manor is one Center, Air Conditioning in Common (Units that were relisted after coming of Seattle’s classic, original high-rises. Located across the street from Town Hall, the Spaces and Some Units, Patio Terrace, off the market are counted as one) 22-floor building was constructed in 1970. Royal Manor’s 64 units range in size from Secure Assigned Parking one to three bedrooms, with many of the homes boasting floor-to-ceiling windows Total # of Unit Sales: 6 and spectacular views of the city skyline. The newly updated building amenities (plus zero sold subject to include a large club room with a gas-burning fireplace and a well-equipped kitchen inspection, two pending sales) as well as a fitness room. In addition, the residents of First Hill’s Royal Manor can Currently Active on Market: 0 enjoy an expansive wraparound terrace with multiple fire pits and BBQs. With a (as of 04/5/15) WalkScore of 96, Royal Manor is sure to appeal to a wide audience.

2 featured listing delightful corner unit at the concord LIVE IN THE HEART OF BELLTOWN

James Stroupe and Julie Roh of the Stroupe Group are proud to present a delightful PROPERTY DETAILS corner unit in the Concord flooded with light from floor-to-ceiling windows. Unit features include warm cherry wood cabinetry, granite counter tops with stylish glass bar, air conditioning, a large den (perfect for a guest bedroom!), a gas fireplace and a ADDRESS HOD private deck. A secured handicapped parking space and a storage unit are included. The 2929 1st Avenue #317, Seattle $628/month Concord features a fantastic location, with a walk score of 97! The waterfront, Olympic PRICE YEAR BUILT Sculpture Park, Seattle Center and some of the best restaurants are just a couple of $485,000 2000 minutes away. Wonderful amenities: around-the-clock concierge services, fitness center, BEDROOMS SIZE an indoor hot tub, a sauna, a club room and even a guest suite. No rental Cap! 1 + Den 883 sf (Per King Co. Tax Records) BATHROOMS 1 TAXES $3,652 / year PARKING (Tax Year of 2015) 1 Secured Parking Space

Full Time Concierge, Guest Suite, Conference Room, Business Center, Club Room with a Full Kitchen, Fitness Center, Sauna, Indoor Hot tub, Rooftop and Courtyard Terraces, Air Conditioning in Common Spaces and Some Units, Assigned Secure Parking move into the current 206.910.5000 www.stroupe.com 3 SEATTLE local market activity MARKET TRENDS, PRICING & SALES FOR THE PAST MONTH

DOWNTOWN SEATTLE QUEEN ANNE CAPITOL HILL/EASTLAKE

MARCH MARCH MARCH Average Prices Average Prices Average Prices 2015 2016 2015 2016 2015 2016 List $560,872 List $689,439 List $375,676 List $431,148 List $368,796 List $475,903 Sold $557,986 Sold $680,158 Sold $384,192 Sold $444,433 Sold $371,740 Sold $495,227 99.5% of List Price 98.7% of List Price 102.3% of List Price 103.1% of List Price 100.8% of List Price 104.1% of List Price

Sold Listings Average $ / SF Sold Listings Average $ / SF Sold Listings Average $ / SF

41 2015 $574 2015 33 2015 $412 2015 34 2015 $417 2015 25 2016 $551 2016 30 2016 $482 2016 49 2016 $505 2016 -39.0% Decrease -4.0% Decrease -9.1% Decrease 16.9% Increase 44.1% Increase 21.1% Increase

Days on Market Days on Market Days on Market Days on Market Days on Market Days on Market 2015 2016 2015 2016 2015 2016 54 139 36 18 35 18 157.4% Increase -50% Decrease -48.6% Decrease

Days on Market: Average cumulative Days on Market Days on Market: Average cumulative Days on Market Days on Market: Average cumulative Days on Market for all listings. This includes units that have been for all listings. This includes units that have been for all listings. This includes units that have been relisted within a 90 day period. relisted within a 90 day period. relisted within a 90 day period.

AVERAGE SOLD PRICES FOR THE PAST 12 MONTHS, MARCH 2015 - MARCH 2016

$800K

$700K Downtown Seattle $680,158 (21.9%)

$600K

Queen Anne $500K $444,433 (15.7%)

$400K Capitol Hill / Eastlake $495,227 (33.2%) $300K Figures reflect the average, not median, sold price for the last 12 months; large fluctuations in the average price of listings $200K may be due to a few exceptionally priced sales affecting the overall average.

Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Jan Feb 2015 2016

Downtown Seattle Queen Anne Capitol Hill/Eastlake

4 sold properties

sold listings last month DOWNTOWN SEATTLE CONDO SALES

ADDRESS BED BATH SQ.FT. $ / SF YEAR BUILT DAYS ON MARKET* LIST PRICE SOLD PRICE

ARBOR PLACE 121 Vine Street #2205 2 1.75 1,063 $564 1989 12 $600,000 $585,000 121 Vine Street #1105 2 1.75 1,063 $517 1989 28 $550,000 $545,000

AVENUE ONE 2721 1st Avenue, #1208 2 2 1,235 $628 2005 102 $775,000 $763,000 2721 1st Avenue, #610 1 1 721 $603 2005 4 $434,950 $455,000

CONTINENTAL PLACE 2125 1st Avenue, #3003 1 1 832 $960 1981 28 $799,000 $799,000 2125 1st Avenue, #1105 1 1 700 $764 1981 236 $535,000 $525,000

ESCALA 1920 4th Avenue, #1508 2 2 1,607 $683 2010 5 $1,098,000 $1,098,000 1920 4th Avenue, #602 2 2 1,607 $607 2010 8 $975,000 $975,000 1920 4th Avenue, #1512 1 1.5 952 $682 2010 74 $649,500 $635,000 1920 4th Avenue, #1210 1 1.5 910 $687 2010 1 $625,000 $625,000

GALLERY 2911 2nd Avenue, #1213 1 1 603 $730 2009 8 $439,900 $455,000 2911 2nd Avenue, #1214 1 1 603 $705 2009 6 $425,000 $450,000

OLIVE 8 737 Olive Way, #1905 2 2 1,350 $666 2009 4 $899,000 $906,000 737 Olive Way, #2101 1 1 689 $820 2009 11 $565,000 $566,000

TRIO 3104 Western Avenue, #312 0 0 516 $659 2008 4 $340,000 $340,000 3104 Western Avenue, #617 0 1 506 $672 2008 6 $340,000 $340,000

OTHER PROPERTIES 2600 2nd Avenue, #2402 3 3 3,205 $778 1993 23 $2,495,000 $2,450,000 2000 1st Avenue, #2602 2 2.25 2,391 $1,025 1994 4 $2,450,000 $2,475,000 819 Virginia Street, #2202 2 1.75 1,316 $608 2007 9 $800,000 $800,000 900 Lenora Street, #W-907 2 1.75 1,206 $646 2006 69 $779,000 $779,000 2030 Western Avenue, #506 2 1.75 1,299 $577 1989 5 $750,000 $750,000 2621 2nd Avenue, #704 2 1.75 1,185 $447 1980 7 $529,800 $535,000 526 1st Avenue, S #409 2 1.75 1,260 $377 1909 15 $475,000 $475,000 1500 4th Avenue, #702 1 1 883 $538 1909 6 $475,000 $490,800 1415 2nd Avenue, #806 1 1 673 $667 1991 50 $449,000 $437,000 2821 2nd Avenue, #805 1 1.5 1,001 $425 1982 203 $425,000 $405,000 2720 3rd Avenue, #710 1 1 622 $662 2007 8 $412,000 $450,000 2201 3rd Avenue, #1905 1 1 557 $610 1979 9 $340,000 $340,000 425 Vine Street, #703 1 1.5 494 $658 1999 7 $325,000 $355,100 2440 Western Avenue, #512 1 1 513 $583 1998 71 $299,000 $285,000 2716 Elliott Avenue, #703 1 1 516 $562 2003 5 $290,000 $300,000 2132 5th Avenue, #201 0 1 418 $610 1922 12 $255,000 $265,000

move into the current 206.910.5000 www.stroupe.com 5 sold properties sold listings last month QUEEN ANNE CONDO SALES

ADDRESS BED BATH SQ.FT. $ / SF YEAR BUILT DAYS ON MARKET* LIST PRICE SOLD PRICE

THE TARMIGAN 2219 14th Avenue W, #102 1 1 720 $347 1978 5 $250,000 $263,000 2219 14th Avenue W, #303 1 1 760 $328 1978 13 $249,000 $275,000

OTHER PROPERTIES 100 Highland Drive, #410 2 2 1,514 $641 1921 4 $969,950 $970,000 1231 5th Avenue N, #302 2 2 1,923 $457 1992 97 $879,000 $879,000 2170 6th Street N, #301 2 2.5 1,652 $484 1994 12 $799,000 $770,000 1216 1st Avenue W, #204 2 1.75 1,083 $600 1916 8 $650,000 $726,000 557 Ward Street 3 2.5 1,739 $402 2000 8 $699,000 $708,000 514 Ward Street, #201 2 1.75 1,443 $454 1998 9 $655,000 $655,000 1813 4th Avenue W, #1813 2 1.5 957 $507 1900 7 $485,000 $575,000 1011 5th Avenue N, #103 2 1.75 1,232 $389 1985 6 $479,000 $550,000 1415 6th Avenue N, #502 2 2 1,164 $473 2002 6 $550,000 $540,000 22 John Street, #39 1 1 1,186 $412 1908 63 $489,000 $480,000 912 3rd Avenue W, #503 2 1.5 895 $492 1969 5 $439,950 $445,950 655 Crockett Street, #A-103 1 2 1,214 $362 2004 8 $439,950 $445,000 15 Prospect Street, #B-101 2 1 754 $597 1990 13 $450,000 $428,000 1401 5th Avenue W, #111 0 1 605 $660 1920 7 $399,000 $399,000 701 Galer Street, #414 1 1 870 $402 1992 8 $349,950 $380,000 1525 Taylor Avenue N, #405 2 1 681 $499 1960 6 $339,950 $380,000 1504 Aurora Avenue N, #406 1 1 600 $482 1991 8 $289,000 $355,000 129 Warren Avenue N, #D 1 0.75 662 $536 1907 7 $355,000 $355,000 1417 Queen Anne Ave N, #304 1 1 736 $469 1996 9 $344,950 $354,050 530 4th Avenue W, #208 1 1 710 $479 2003 5 $340,000 $350,000 323 Queen Anne Ave N, #310 1 1 510 $578 1999 8 $295,000 $301,000 621 5th Avenue N, #104 1 1 598 $501 1999 125 $299,750 $298,000 566 Prospect Street, #209 1 1 556 $486 1989 6 $270,000 $285,000 2530 15th Avenue W, #501 1 1 778 $334 2000 3 $260,000 $271,000 330 W Olympic Place #303 1 1 515 $544 1957 23 $280,000 $265,000 2000 W Barrett Street, #307 1 1 651 $338 1993 25 $220,000 $220,000 519 W Roy Street, #309 0 1 465 $449 1930 8 $209,000 $215,000 7 Harrison Street, #32 0 1 466 $427 1908 24 $199,000 $195,000 new construction

INSIGNIA BED BATH SQ.FT. $ / SF LIST PRICE SOLD PRICE 588 Bell Street 1107-S 2 2 1,523 $801 $1,219,400 $1,219,400 3807-S 2 2 1,006 $1,061 $1,067,500 $1,067,500 2804-S 2 2 1,252 $847 $1,060,500 $1,060,500 1601-S 2 2 929 $904 $839,888 $795,000 1802-S 2 1.75 1,252 $739 $925,000 $915,000

*In order to avoid new construction sales from impacting the statistics we have separated the Insignia sales data.

View More at STROUPE.COM

6 *DAYS ON MARKET: Average cumulative Days on Market for all listings. This includes units that have been relisted within a 90 day period. listings sold properties

sold listings last month CAPITOL HILL/EASTLAKE

ADDRESS BED BATH SQ.FT. $ / SF YEAR BUILT DAYS ON MARKET* LIST PRICE SOLD PRICE

ARBORETUM VIEW 2512 E Madison Street, #302 1 1 722 $422 1991 9 $304,900 $310,000 2512 E Madison Street, #201 1 1 651 $407 1991 9 $264,900 $278,001

BRAEBURN 1410 E Pine Street, #W-320 2 2 1,035 $556 2005 16 $575,000 $575,000 1420 E Pine Street, #E-604 1 1 557 $537 2005 6 $299,000 $300,000

BRIX 530 Broadway Avenue E, #608 2 1.75 1,086 $617 2008 6 $670,000 $724,500 530 Broadway Avenue E, #308 1 1 643 $606 2007 7 $389,500 $422,500

FIRST HILL PLAZA 1301 Spring Street, #16-D 2 1.75 1,250 $556 1982 4 $695,000 $695,000 1301 Spring Street, #14-E 1 1.5 845 $614 1982 9 $519,000 $520,000

LAMPLIGHTER 505 Belmont Avenue E, #803 1 1 713 $603 1962 7 $430,000 $448,000 505 Belmont Avenue E, #306 2 1 934 $482 1962 15 $449,900 $440,000

PACIFIC CENTER CONDO 321 10th Avenue S, #719 2 1 850 $353 2000 6 $299,950 $338,000 321 10th Avenue S, #707 1 1 774 $323 2000 4 $249,950 $265,000

PARKVIEW PLAZA 1101 Seneca Street, #1701 2 1.75 1,164 $558 1981 8 $649,000 $690,000 1101 Seneca Street, #1601 2 1.75 1,113 $529 1981 6 $589,000 $589,000

1223 Spring Street, #601 3 2.5 2,666 $523 1929 8 $1,395,000 $1,395,000 941 11th Avenue E, #2 3 1.75 2,121 $512 1920 101 $1,085,000 $1,100,000 2920 Eastlake Avenue E, #407 2 2.25 1,781 $463 2005 21 $825,000 $800,000 121 Lakeside Avenue, #207 2 2 1,444 $551 1998 176 $795,000 $750,000 1114 Lakeview Blvd E, #B-1S 2 2.5 1,670 $449 2008 235 $750,000 $725,000 2914 E Madison Street, #308 1 1.5 1,032 $625 2008 8 $645,000 $660,000 1414 12th Avenue, #620 2 1.75 982 $662 2007 2 $650,000 $650,000 2000 Franklin Avenue E, #C 2 1.75 1,501 $396 1926 15 $595,000 $583,000 215 14th Avenue E, #402 2 1.75 930 $484 1982 6 $450,000 $569,379 210 Boylston Avenue E, #107 2 2 1,118 $446 1978 9 $499,000 $552,000 1120 Spring Street, #1203 2 1.75 1,065 $468 1982 7 $498,500 $538,000 1125 E Olive Street, #204 2 2 952 $504 2007 7 $479,950 $538,000 732 11th Avenue E, #401 2 1 950 $526 1969 5 $500,000 $520,000 2820 E Madison Street, #501 2 1 954 $514 2003 7 $490,000 $490,000 2230 Yale Avenue E, #C 2 1.5 1,041 $432 1996 6 $449,900 $487,000 2960 Eastlake Avenue E, #302 1 1 934 $482 2008 6 $450,000 $475,000 400 Melrose Avenue E, #104 2 1.75 1,260 $372 1967 7 $469,000 $469,000 3100 Fairview Avenue E, #106 2 2 1,129 $407 1991 7 $460,000 $460,000 1111 E Pike Street, #406 1 1 706 $559 2008 6 $395,000 $450,000 1000 Bellevue Place E, #1 2 1.5 941 $452 1985 5 $425,000 $442,000 615 Boren Avenue, #14 2 1 1,205 $331 1909 2 $399,000 $428,751 1100 E Harrison Street, #201 2 2 990 $404 1987 6 $399,950 $415,000 1733 15th Avenue, #PH-206 1 1 828 $481 1900 8 $398,300 $405,000 1508 10th Avenue E, #204 1 1 715 $460 1923 7 $328,800 $388,500 711 E Denny Way, #105 1 1.5 574 $557 1989 6 $320,000 $352,000 1550 Eastlake Avenue E, #301 1 1 763 $440 1997 1 $336,000 $350,000 2633 Franklin Avenue E, #102 2 1 885 $339 1967 11 $299,999 $350,000 705 E Republican Street, #302 1 1 622 $506 1963 6 $315,000 $341,000 1819 17th Avenue, #1 1 1 623 $427 1985 7 $265,800 $340,000 1136 13th Avenue, #202 1 0.75 736 $374 1924 9 $275,000 $335,000 404 E Harrison Street, #101 1 1 586 $427 1927 5 $250,000 $280,500 1105 Spring Street, #405 1 1 600 $442 1950 14 $265,000 $265,000 1420 Terry Avenue, #205 0 1 429 $618 2002 8 $265,000 $265,000 124 Bellevue Avenue E, #607 0 1 460 $565 2006 7 $260,000 $262,000 2328 10th Avenue E, #205 0 1 554 $451 1928 25 $249,950 $240,000

move into the current 206.910.5000 www.stroupe.com 7 NORTH & WEST local market activity MARKET TRENDS, PRICING & SALES FOR THE PAST MONTH

BALLARD/GREENLAKE NORTH SEATTLE WEST SEATTLE

MARCH MARCH MARCH Average Prices Average Prices Average Prices 2015 2016 2015 2016 2015 2016 List $301,961 List $302,438 List $252,540 List $303,682 List $325,214 List $329,719 Sold $296,830 Sold $286,811 Sold $252,550 Sold $322,921 Sold $330,098 Sold $398,333 98.3% of List Price 94.8% of List Price 100% of List Price 106.3% of List Price 101.5% of List Price 120.8% of List Price

Sold Listings Average $ / SF Sold Listings Average $ / SF Sold Listings Average $ / SF

42 2015 $345 2015 24 2015 $253 2015 21 2015 $345 2015 47 2016 $407 2016 20 2016 $299 2016 15 2016 $369 2016 11.9% Increase 17.9% Increase -16.7% Decrease 18.2% Increase -28.6% Decrease 6.9% Increase

Days on Market Days on Market Days on Market Days on Market Days on Market Days on Market 2015 2016 2015 2016 2015 2016 35 12 26 10 32 51 -65.7% Decrease -61.5% Decrease 59.4% Increase

AVERAGE SOLD PRICES FOR THE PAST 12 MONTHS, MARCH 2015 - MARCH 2016

$800K

$700K Ballard/Greenlake $286,811 (-3.4%)

$600K

North Seattle $500K $322,921 (27.9%)

$400K West Seattle $398,333 (20.7%) $300K Figures reflect the average, not median, sold price for the last 12 months; large fluctuations in the average price of listings $200K may be due to a few exceptionally priced sales affecting the overall average.

Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Jan Feb 2015 2016

North Seattle West Seattle Ballard

8 sold properties sold listings last month BALLARD/GREENLAKE

ADDRESS BED BATH SQ.FT. $ / SF YEAR BUILT DAYS ON MARKET* LIST PRICE SOLD PRICE

92ND STREET CONDO 1154 N. 92nd Street, #15 2 2 932 $373 1992 7 $300,000 $348,000 1154 N. 92nd Street, #12 1 1 838 $332 1992 6 $269,000 $278,600

CANAL STATION 5440 Leary Ave NW #329 2 1.75 1,126 $464 2007 7 $529,950 $522,000 5440 Leary Ave NW #212 1 1 843 $488 2007 6 $398,500 $411,000 5440 Leary Ave NW #308 1 1 696 $516 2007 7 $359,000 $359,000 5440 Leary Ave NW #631 1 1 584 $522 2007 12 $310,000 $305,000

MAISON CONDOS 9200 Greenwood Avenue N, #212 1 1 626 $157 1989 50 $99,000 $98,050 9200 Greenwood Avenue N, #305 1 1 625 $154 1989 104 $117,000 $96,500

SUNSET AT THE LOCKS 2413 NW 59th Street, #303-E 2 1 704 $547 1987 7 $350,000 $385,000 2413 NW 59th Street, #403-E 2 1 704 $534 1987 8 $330,000 $376,000 2417 NW 59th Street, #203 2 1 691 $544 1987 10 $344,000 $376,000

VERIDIAN COVE 300 N 130th Street, #1106 2 1.75 840 $285 1988 22 $239,000 $239,000 300 N 130th Street, #5106 2 1 840 $285 1988 2 $239,000 $239,000 300 N 130th Street, #4105 1 1 707 $253 1988 4 $179,000 $179,000 300 N 130th Street, #6104 1 1 707 $248 1988 18 $179,000 $175,000 300 N 130th Street, #2209 1 1 646 $266 1988 4 $172,000 $172,000 300 N 130th Street, #9203 1 1 707 $243 1988 18 $176,000 $172,000 300 N 130th Street, #4205 1 1 707 $236 1988 15 $165,000 $166,500

OTHER PROPERTIES 1530 NW Market Street, #310 2 1.75 1179 $442 2008 7 $479,000 $521,500 3615 Whitman Avenue N, #402 2 1 955 $534 1989 6 $459,000 $510,000 1762 NW 57th Street, #104 2 2 1076 $462 1992 10 $450,000 $497,500 7501 Greenwood Avenue N, #301 2 1.75 1004 $443 1977 7 $375,000 $444,507 9057 Greenwood Avenue N, #405 2 2 1613 $273 2006 14 $459,950 $440,000 2410 NW 58th Street, #301 2 2 889 $489 2001 7 $385,000 $435,000 4421 Greenwood Avenue N, #303 2 1 850 $493 1988 8 $320,000 $419,000 3919 Latona Avenue, #302 1 1.5 832 $463 1999 7 $365,000 $385,000 4226 Dayton Avenue N, #201 2 1.75 840 $426 1979 8 $325,000 $357,500 9057 Greenwood Avenue N, #204 2 1.75 913 $371 2006 18 $339,000 $339,000 8720 Phinney Avenue N, #34 2 1.75 1074 $307 1985 1 $310,000 $330,000 3926 Street Avenue NE, #14 2 1 716 $433 1987 81 $319,950 $310,000 10549 Streetone Avenue N, #202 2 1.75 948 $322 2005 4 $289,900 $305,000 10549 Streetone Avenue N, #304 2 2 1008 $298 2005 4 $300,000 $300,000 2250 NW 58th Street, #205 1 1 659 $410 1989 3 $265,000 $270,000 11239 Greenwood Avenue N, #102 2 1.5 976 $273 1979 141 $250,000 $266,000 13201 Linden Avenue N, #A-511 3 1.75 1235 $215 1969 1 $264,950 $265,670 1545 NW 57th Street, #408 0 1 514 $496 2003 7 $245,000 $255,000 401 NE 71Street Street, #207 0 1 426 $575 2003 1 $235,000 $245,000 300 N 130th Street, #9101 2 1.75 840 $273 1988 1 $229,000 $229,000 1545 NW 57th Street, #223 0 1 458 $491 2005 13 $219,950 $225,000 13201 Linden Avenue N, #A-506 1 1 662 $302 1969 55 $199,950 $199,950 10511 Midvale Avenue N, #203 1 1 590 $271 2003 98 $135,000 $160,000 13717 Linden Avenue N, #229 1 1 706 $200 1982 5 $139,900 $141,500 911 N 73rd Street, #201 1 1 672 $350 1969 80 $243,000 $235,000 move into the current 206.910.5000 www.stroupe.com 9 sold properties sold listings last month NORTH SEATTLE

ADDRESS BED BATH SQ.FT. $ / SF YEAR BUILT DAYS ON MARKET* LIST PRICE SOLD PRICE

GREENTREE VILLAGE 13735 15th Avenue NE, #A-10 2 2 1,150 $225 1975 3 $235,950 $259,000 13735 15th Avenue NE, #A-3 2 2 1,150 $191 1975 51 $219,900 $219,900

OTHER PROPERTIES 4511 NE 55th Street, #1/2 3 1.75 1,811 $314 1979 7 $499,500 $568,000 4343 Roosevelt Way NE, #502 2 1.75 1,149 $478 1996 2 $499,500 $548,888 8005 Sand Point Way NE, #A-46 2 1.75 1,470 $362 1974 8 $479,900 $532,500 6522 Parkpoint NE, #B-302 2 1.75 1,668 $286 1974 5 $429,000 $476,500 5201 22nd Avenue NE, #302 2 1.75 1,099 $400 1982 3 $418,000 $440,000 6351 Sand Point Way NE, 3 1.75 1,949 $209 1972 37 $435,000 $407,000 4540 8th Avenue NE, #503 1 1 680 $523 1974 10 $315,000 $355,500 13741 35th Avenue NE, 3 1.5 1,198 $284 1969 16 $350,000 $340,000 2301 NE Blakeley Street, #307 1 1 643 $503 1997 8 $279,950 $323,500 7323 Sand Point Way NE, #212 2 1.5 928 $339 1985 13 $315,000 $315,000 13730 15th Avenue NE, #C-204 2 1.75 1,403 $210 1975 7 $298,000 $295,000 12027 15th Avenue NE, #203 2 1.75 1,109 $240 1980 7 $224,950 $266,000 11550 Stone Avenue N, #402 2 1.75 904 $285 2000 2 $250,000 $257,750 845 NE 125th Street, #103 1 1 836 $249 1970 5 $190,000 $207,888 10501 8th Avenue NE, #326 1 1 744 $235 1984 2 $175,000 $175,000 12334 31st Avenue NE, #405 0 1 460 $359 2004 8 $159,000 $165,000 5844 NE 75th #C-101 1 1 684 $227 1977 9 $155,000 $155,000 8701 35th Avenue NE, #3 1 1 565 $267 1959 6 $145,000 $151,000

10 sold properties sold listings last month WEST SEATTLE

ADDRESS BED BATH SQ.FT. $ / SF YEAR BUILT DAYS ON MARKET* LIST PRICE SOLD PRICE

HARBOR PARK 1727 Harbor Avenue SW, #304 2 1.5 1,570 $414 1973 6 $650,000 $650,000 1727 Harbor Avenue SW, #N-306 2 2 1,380 $431 1976 76 $600,000 $595,000

LONGFELLOW RUN 8413 25th Avenue SW, #D 2 1.5 1,014 $229 1979 4 $230,000 $232,000 8414 25th Avenue SW, #C 2 1.5 1,014 $215 1979 94 $228,000 $218,000

OTHER PROPERTIES 3859 Beach Drive SW, #2 2 2.25 1,819 $618 2005 280 $1,175,000 $1,125,000 7019 47th Avenue SW, #1 2 1.75 1,550 $316 1978 238 $495,000 $490,000 1221 Harbor Avenue SW, #306 1 1 776 $515 1976 6 $399,900 $400,000 2908 SW Raymond Street 3 2.25 1,681 $218 2007 5 $359,888 $367,000 5450 California Avenue SW, #304 2 1 710 $479 2000 6 $275,000 $340,000 2960 SW Raymond Street, #302 2 1.75 1,081 $292 2007 10 $309,000 $316,000 6970 California Avenue SW, #B-107 2 1 895 $332 1989 8 $265,000 $297,000 4800 Fauntleroy Way SW, #201 2 1 793 $315 1980 4 $235,000 $250,000 2331 42nd Avenue SW, #203 1 1 590 $424 2003 3 $225,000 $250,000 3917 SW Raymond Street, #101 2 1 710 $331 1953 8 $225,000 $235,000 3015 SW Avalon Way, #105 1 1 607 $346 2002 12 $219,000 $210,000

new construction AVERAGE AVERAGE AVERAGE THE VIC BED BATH $ / SF LIST PRICE SOLD PRICE 1760 NW 56th Street Sold 6 Units 0 1 486 $255,067 $255,067 Sold 16 Units 1 1 566 $397,757 $399,914 Sold 1 Unit 2 1.75 628 $689,900 $689,900

*In order to avoid new construction sales from impacting the statistics we have separated The Vic sales data.

move into the current 206.910.5000 www.stroupe.com 11 EASTSIDE local market activity MARKET TRENDS, PRICING & SALES FOR THE PAST MONTH

KIRKLAND WEST BELLEVUE EAST BELLEVUE

MARCH MARCH MARCH Average Prices Average Prices Average Prices 2015 2016 2015 2016 2015 2016 List $396,627 List $429,827 List $547,159 List $689,439 List $322,462 List $292,346 Sold $390,056 Sold $441,607 Sold $538,698 Sold $680,158 Sold $321,672 Sold $300,832 98.3% of List Price 102.7% of List Price 98.5% of List Price 98.7% of List Price 99.8% of List Price 102.9% of List Price

Sold Listings Average $ / SF Sold Listings Average $ / SF Sold Listings Average $ / SF

49 2015 $312 2015 26 2015 $430 2015 33 2015 $273 2015 42 2016 $375 2016 25 2016 $551 2016 28 2016 $290 2016 -14.3% Decrease 20.2% Increase -3.8% Decrease 28.1% Increase -15.2% Decrease 6.2% Increase

Days on Market Days on Market Days on Market Days on Market Days on Market Days on Market 2015 2016 2015 2016 2015 2016 40 28 33 139 58 22 -30% Decrease 321.2% Increase -62.1% Increase

AVERAGE SOLD PRICES FOR THE PAST 12 MONTHS, MARCH 2015 – MARCH 2016

$800K

$700K West Bellevue $608,158 (26.3%)

$600K

Kirkland $500K $441,607 (-13.2%)

$400K East Bellevue $300.832 (-6.5%) $300K Figures reflect the average, not median, sold price for the last 12 months; large fluctuations in the average price of listings $200K may be due to a few exceptionally priced sales affecting the overall average.

Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Jan Feb 2015 2016

Kirkland West Bellevue East Bellevue

12 sold properties sold listings last month KIRKLAND

ADDRESS BED BATH SQ.FT. $ / SF YEAR BUILT DAYS ON MARKET* LIST PRICE SOLD PRICE

CEDARWOOD 12709 NE 116th Street, #C-103 1 1 732 $231 1981 17 $175,000 $169,000 12709 NE 116th Street, #C-302 1 1 732 $225 1981 159 $165,000 $165,000

LOCHSHIRE 9209 124th Avenue NE, #L-606 3 2.5 1,495 $308 1999 56 $455,000 $460,000 9217 122nd Court NE, #B114 2 2.5 1,150 $363 1999 8 $389,000 $418,000

SIXTY-01 6354 139th Place NE, #46 2 1.5 1,048 $324 1969 11 $299,950 $340,000 6702 139th Avenue NE, #743 1 1 777 $201 1972 29 $165,000 $156,500

STONEBRIDGE 11420 105th Court NE, #304 2 1.75 1,022 $305 1980 5 $309,000 $312,000 11419 105th Court NE, #505 1 1 640 $294 1980 7 $198,000 $188,000

WATERSTONE 12212 NE 109th Way 3 2.5 1,904 $300 2005 5 $530,000 $571,234 10931 124 Avenue NE, #103 2 1 798 $317 2005 3 $249,000 $253,000

WATERVIEW 220 1st Street, #410 2 2 956 $523 2000 35 $549,950 $500,000 220 1st Street, #105 1 1.5 850 $418 2000 42 $385,000 $355,000

OTHER PROPERTIES 6401 Lake Washington Blvd NE, #208 3 1.75 1,400 $804 1967 7 $1,075,000 $1,125,000 701 9th Avenue S, # 3 2.5 2,226 $405 1998 6 $875,000 $901,000 5302 Lake Washington Blvd NE, #F 2 2 1,480 $574 1990 118 $850,000 $850,000 6226 Lakeview Drive, # 2 2.5 1,520 $479 1985 10 $728,800 $728,800 555 Kirkland Way, #401 2 1.75 1,273 $566 1987 8 $669,000 $721,000 108 2nd Avenue S, #508 2 1.75 1,163 $559 1997 5 $585,000 $650,000 12170 NE 24th Street, #211 3 2.5 1,815 $356 1998 9 $599,000 $646,500 624 Kirkland Way, #4 2 2 1,453 $399 1993 56 $590,000 $580,000 12203 NE 103rd Lane, #C-4 3 2.5 1,745 $309 2003 16 $538,500 $538,500 521 7th Avenue, #201 2 1.75 1,248 $421 2000 32 $519,900 $525,000 8818 123rd Lane NE 3 2.5 1,774 $293 1997 4 $498,000 $520,000 6333 Lake Washington Blvd NE, #305 2 1.75 1,177 $433 1967 5 $509,500 $509,500 15209 NE 81st Way, #102 2 2.25 1,372 $355 2008 7 $435,000 $487,000 9201 NE Juanita Drive, #105 2 2 1,376 $323 1976 6 $419,990 $444,000 12330 101st Court NE 3 2 1,824 $241 1984 3 $429,995 $440,000 11323 101st Place NE 2 2.25 1,365 $319 1986 7 $395,000 $435,000 6533 106th Avenue NE, #C 2 1 1,020 $412 1977 38 $420,000 $420,000 10418 NE 115th #K-40 3 1.75 1,636 $255 1974 38 $419,900 $417,800 11828 NE 80th Street, #9 2 2.25 1,213 $331 1988 4 $375,000 $401,000 6711 110th Avenue NE, #B-3 2 2 1,216 $329 1986 19 $399,900 $399,990 4561 Lake Washington Blvd NE, #201 1 1 729 $542 1967 5 $370,000 $395,000 375 Kirkland Avenue, #315 1 1 720 $515 2006 3 $369,000 $371,000 211 Kirkland Avenue NE, #425 1 1 652 $552 2006 3 $354,990 $360,000 375 Kirkland Way, #330 1 1 576 $538 2007 16 $319,990 $310,000 406 10th Street, #C-201 2 2 925 $324 1985 0 $299,888 $299,888 12439 NE Totem Lake Way, #107 1 2 1,111 $261 1999 6 $288,880 $290,000 11102 NE 125th Lane #K-136 2 2 977 $246 1985 334 $210,000 $240,000 11052 NE 33rd Place #A-8 1 1 629 $382 1987 5 $219,000 $240,000 8248 126th Avenue NE, #A-103 2 1 836 $286 1985 2 $238,800 $238,800 12726 NE 116th Street, #E-6 2 1 899 $195 1980 7 $179,800 $175,000

move into the current 206.910.5000 www.stroupe.com 13 sold properties sold listings last month WEST BELLEVUE

ADDRESS BED BATH SQ.FT. $ / SF YEAR BUILT DAYS ON MARKET* LIST PRICE SOLD PRICE

BELLEVUE TOWERS 10700 NE 4th Street, #3306 2 2.25 2,144 $588 2008 2 $1,249,880 $1,259,880 10700 NE 4th Street, #2312 2 1.75 1,582 $566 2009 11 $889,000 $896,000

ONE MAIN STREET 10000 Main Street, #206 1 1.25 876 $659 2010 5 $565,000 $577,000 10000 Main Street, #304 1 1.5 793 $694 2010 6 $550,000 $550,000 10000 Main Street, #203 1 1.5 791 $665 2009 5 $520,888 $525,888

WASHINGTON SQUARE 10650 NE 9th Place, #1624 2 1.75 1,441 $638 2008 467 $952,000 $920,000 10610 NE 9th Place, #1709 2 1.75 1,270 $650 2008 411 $846,000 $825,000 10650 NE 9th Place #1723 1 1 967 $631 2008 452 $630,580 $610,000 10610 NE 9th Place, #2100 2 1.75 1,333 $708 2008 496 $979,000 $943,800 10610 NE 9th Place, #2008 1 1.5 808 $718 2008 513 $579,820 $580,000 10650 NE 9th Place, #TH-13 2 2.25 1,987 $649 2008 480 $1,298,000 $1,290,000 10610 NE 9th Place, #1006 1 1.5 1,011 $536 2009 174 $542,000 $542,000 10650 NE 9th Place, #821 1 0.75 846 $600 2008 28 $520,000 $507,500 10612 NE 9th Place, #TH-3 2 2.25 2,134 $590 2008 12 $1,464,000 $1,258,000

OTHER PROPERTIES 10047 Main Street, #311 3 1.75 1,672 $525 2000 94 $895,000 $877,000 333 101st Avenue SE 2 1.75 1,560 $423 1973 128 $673,000 $660,000 150 102nd Avenue SE, #314 2 1.75 1,270 $484 2006 71 $620,000 $615,000 500 106th Avenue NE, #2607 1 1.5 1,041 $576 2008 16 $599,900 $600,000 925 110th Avenue NE, #304 2 1.75 1,237 $473 1998 33 $584,500 $584,500 1400 Bellevue Way, SE, #D-5 2 2.25 1,294 $400 1975 7 $449,500 $518,000 423 99th Avenue NE, #3 2 1.75 1,274 $365 1967 10 $465,000 $465,000 922 100TH Avenue NE, #113 2 1 832 $541 1966 12 $450,000 $450,000 111 108th Avenue NE, #A-211 1 1 718 $502 2000 6 $352,000 $360,188 10520 NE 32nd Place, #J-104 2 2 1,010 $325 1980 7 $299,999 $328,300 1628 118th Avenue SE, #F-317 2 2 948 $275 1993 26 $260,900 $260,900

14 sold properties sold listings last month EAST BELLEVUE

ADDRESS BED BATH SQ.FT. $ / SF YEAR BUILT DAYS ON MARKET* LIST PRICE SOLD PRICE

THE HIGHLANDS 7583 Old Redmond Road, #C-208 2 2 1,217 $341 1992 5 $400,000 $415,000 7583 Old Redmond Road, #A-202 2 2 1,093 $368 1992 6 $380,000 $402,000

OTHER PROPERTIES 372 145th Place SE, #372 2 2.5 1,850 $276 1989 31 $540,000 $510,000 2010 132nd Avenue SE, #104 2 2.25 1,192 $380 1997 5 $425,000 $453,000 2840 139th Avenue SE, #33 2 1.75 1,123 $378 1997 6 $419,000 $425,000 3414 161st Court SE, #C-13 2 1.75 1,465 $254 1981 7 $340,000 $372,400 14703 NE 35th Street, #33 2 1.5 1,131 $296 1979 1 $335,000 $335,000 4009 145th Avenue NE, #A-5 2 2.25 1,308 $252 1979 2 $325,000 $330,000 3030 125th Avenue SE, #4 2 1.75 960 $344 1978 9 $325,000 $330,000 7479 Old Redmond Road, #424 2 2 1,195 $276 1979 7 $300,000 $330,000 7443 Old Redmond Road, #315 2 2 1,195 $255 1979 8 $305,000 $305,000 14619 NE 31st Street, #11-D 2 1 1,100 $269 1978 4 $269,000 $296,000 1674 118th Avenue SE, #C-109 2 2 1,011 $289 1993 13 $276,950 $292,000 514 142nd Avenue SE, #96 2 1.5 930 $310 1969 8 $299,950 $288,000 4185 W Lake Samm Pkwy SE, #B-305 2 1.5 894 $322 1981 7 $250,000 $288,000 3034 128th Avenue SE, #22 2 1 802 $357 1989 3 $285,000 $286,000 727 143rd Avenue NE, #C-11 2 1.75 950 $300 1979 3 $275,000 $285,000 16310 NE 12th Court, #A-7 3 2 1,052 $266 1979 9 $279,888 $279,888 14520 NE 44th Street, #K-7 2 1.75 1,051 $247 1980 298 $239,950 $260,000 14527 NE 40TH Street, #G-204 2 1.75 1,080 $232 1978 5 $225,000 $250,500 15729 NE 18th Street, #C-5 2 1 854 $293 1978 2 $249,950 $250,000 512 141st Avenue SE, #99 1 1 803 $311 1969 6 $250,000 $249,401 1007 156th Avenue NE, #B-312 1 1 651 $367 1986 6 $239,000 $239,000 4717 W Lake Samm Pkwy SE, #C-203 2 1.75 912 $258 1979 6 $233,000 $235,000 14547 NE 40th Street, #J-203 2 1.75 1,080 $207 1978 5 $225,000 $224,000 4416 145th Avenue NE, #G-5 1 1 803 $224 1980 20 $181,000 $180,095 1420 153rd Avenue NE, #3714 1 1 691 $239 1977 106 $165,000 $165,000 14757 NE 32nd Street, #B-203 1 1 680 $218 1978 34 $148,000 $148,000

move into the current 206.910.5000 www.stroupe.com 15 Innovation. Experience. Results.

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featured in our next edition… ruby CONTEMPORARY LIVING NEAR LAKE UNION

ADDRESS AMENITIES 2560 Eastlake Avenue East Patio Terrace, Air Conditioning in Some Units, Secure Assigned Parking TOTAL # OF UNITS 53 (entire complex)

YEAR BUILT 2008

This newsletter is provided to you at no charge as a continuing service from the Stroupe Group. Information is not guaranteed to be error-free and should not be relied upon. All information should 16be verified. Please feel free to contact us with any questions or comments. If your property is currently listed, this is not a solicitation for that listings. Each office is independently owned and operated.