Magnolia Real Estate Report for the Month of August

August Real Estate

The month of August has come and gone, but the Seattle real estate market continuesto show no signs of slowing down, particularly Magnolia, which has been thriving for months now.

According to the Northwest Multiple Listing Service, August brought about the sale of 33 single-family homes at a median sales price of $639,000. There were 55 active homes for sale in August. Of the 33 single family homes that did sell, they averaged being on the open market for only 19 days. Real estate transactions are obviously moving pretty rapidly in Magnolia these days!

Condominiums were also a hot commodity in August.  11 condos were sold in Magnolia at an average sales price of roughly $293,000 for the month.

As you can tell from the statistics reported above, the Magnolia real estate market has continued to stay hot, and shows no signs of slowing down at this point. That is great news if you’re looking to buy or sell a condo or single-family home. For more information on Magnolia (and Seattle) real estate, contact your local real estate agent today.

1st Annual Memorial Football Classic this Weekend!

Football

To celebrate all of the Seattle Public High Schools playing in the same sports league for the first time in over 12 years, the 1st annual Memorial Football Classic is taking place this weekend at Memorial Stadium!

This awesome two-day event will raise money for Seattle Public high school athletics, as well as celebrate the reunification of the Metro League, and build support for the new Metro League going forward!

The Classic will feature five great high school football games, including the three schools that are rejoining the Metro League — Ballard, Roosevelt, and Garfield.

Friday, September 12th:

5:00 PM : Seattle Prep vs. Kennedy Lancers

7:45 PM : O’Dea Fighting Irish vs. Mariner Marauders

Saturday, September 13th:

12:00 PM : Bainbridge Spartans vs. Cleveland Eagles

3:00  PM : Roosevelt Rough Riders vs. Ballard Beavers

6:00  PM : Garfield Bulldogs vs. Franklin Quakers

Student ticket prices are $5 per day and adults are $10 per day or $15 for both days.

 

 

 

2014 Putt Cancer in the Hole

CTV-Putting-Green

The fourth annual Putt Cancer in the Hole event is taking place on Saturday, September 13th at Interbay Golf Center.

Putt Cancer in the Hole is a charity putt putt golf tournament established by Francie Warnekros in 2011 as a way to honor her late mother Audrey, who passed away from a brain tumor in 1991.

Teams of up to 6 people are eligible to compete, and participants can sign up as a group or individual. Following the tournament, there will be a raffle with some awesome prizes!

The theme this year is Superheroes, and everyone is encouraged to dress up, but it is not a requirement!

Where: Interbay Golf Center (2501 15th Ave. W, Seattle, WA 98119)

Check In Time: 11:00 AM                 Start Time: 12:00 PM

Cost: $25 for Adults, $20 for ages 12 and under, team of six $150.

Please register and/or donate to this great cause here

Proceeds benefit the American Brain Tumor Association.

 

 

Bike the Bluff Coming Up this Weekend!

Happy Kids Biking

Magnolia’s popular Bike the Bluff fundraiser will be held this Sunday, September 7th! Participants are asked to meet and finish the ride at Catherine Blaine Playground, located behind Pop Mounger Pool, on 32nd Ave West.

Bike the Bluff emphasizes that this is not a race. You are able to set your own pace, and walk or ride a 5 or 7 mile loop around Magnolia.

The registration fee for one adult is $20, and each additional family member after that is $10. Children under 18 are also $10. You can register online at www.bikethebluff.org or register the day of, starting at 9:30 AM. The course is open from 10 AM – 2 PM.

All proceeds benefit the Catherine Blaine 5th grade class trip to Islandwood, an environmental science camp located on Bainbridge Island.

Sunday’s weather is supposed to be wonderful, and the Seahawks play earlier in the week, so there’s no reason not to come out and participate in a great community event!

Final Note: HELMETS ARE REQUIRED!

 

Donate a Bike at the Interbay Whole Foods for a Great Cause

Bicycles

On Saturday, August 23rd, Whole Foods Market at Interbay (located at 2001 15th Ave W, Seattle, WA 98119) is asking for donated adult-sized bikes and bike parts to be given to students in Togo, West Africa.

The donated bicycles play a significant role in helping bridge the education gap. Togo is located in a rural part of Africa. Studies show that the dropout rate is 3 times higher in rural areas than in cities. Rural families cannot afford private transportation for their children to get to school, and public transportation is not available.

Students who have received bikes in the past have 98% retention rates of staying in school, and 95% passing rates on annual exams, because they finally have reliable transportation to and from school.

So, if you have any old bikes around the house or garage, swing by Whole Foods next Saturday the 23rd between 10am and 2pm and donate to a great cause!

For more information about the Bicycles for Education program visit the Alaffia website: http://www.alaffia.com/store/pc/Bicycles-for-Education-d20.htm

Reminder that the Magnolia Car Show is this Saturday!

flames-car-show

The Magnolia Village Car Show sponsored by the Magnolia Chamber of Commerce and Werner’s Crash Shop is this Saturday, August 9th starting at 9:00 am and lasting until 3:00 pm.

If the 2014 Car Show is anything like they’ve been in the past, then it will be a HUGE success!

Car’s will be lined up on both sides of West McGraw (in the heart of the Magnolia Village) between 32nd and 33rd Avenue.

Come on down this Saturday, and be ready to check out some awesome cars!

July Real Estate Report for Magnolia

ella-bailey-park-4

As our hot Seattle summer continues to drag on, thereal estate market continues to be quite dynamic, including Magnolia, which has seen a ton of activity. According to the Northwest Multiple Listing Service, July brought about 26 single family home transactions, at a median sales price of $668,000.There were 69 homes available for sale in July. Of the 26 homes that did sell, they averaged being on the open market for 10 days, which is great news if you’re looking to sell your house!

Magnolia also had 16 active condominiums for sale in the month of July. Of those 16 condo’s, six were sold for a median sales price of $294,500.

Statistics continue to support that the Seattle –and Magnolia –real estate market has stayed hot, and you can bet that will continue to be the case all the way through the end of summer, which is typically the busiest time of year for real estate transactions. For more information on Seattle real estate, contact your local real estate agent today.

Magnolia Summerfest & Art Show, August 1st & 2nd 2014

Elliott Bay Chaline Ouellet

Just a friendly reminder that the Magnolia Summerfest & Art Show is this Friday, August 1st and Saturday, August 2nd.

Summerfest has been a community favorite sponsored by the Magnolia Chamber of Commerce for over 50 years, and a Seafair community event since 1985. The festival will have all of the following activities: the annual Art Show, the annual Merchant’s Sidewalk Sale, live music, food vendors, arts and crafts booths, pony rides, inflatable rides, clowns and magicians, beer garden, and the Seafair Parade and Kid’s Parade.

Schedule of some of the Summerfest Events:

Art Show: Located at Magnolia Ballfield. Artists Reception is Friday August 1st from 6:45 –                    7:30 . Awards announced at 7:30.

Seafair Parade: Saturday, August 2nd, beginning at 10:30 AM.

Youth Talent Show: Friday, August 1st, at 7 PM (Check in is at 6:30 PM) on the hill behind                                   the Magnolia Community Center.

Outdoor Movie: This year’s movie is Willy Wonka & The Chocolate Factory. Friday, August                           1st at 9 PM.

 

The Fort Lawton Riot

Fort Lawton Riot

The Fort Lawton Riot was a tragic event that took place during World War II, and involved late-night violence between Italian prisoners of war and US soldiers at Fort Lawton in Magnolia.

On the night of August 14th, 1944 a group of African Americans and a group of Italians came across each other after a night of drinking, and words were exchanged. One thing led to another and a fight broke out between the two groups. After the riot was over, Italian prisoner of war Guglielmo Olivotto was found dead. The result of this riot was the court-martial of 43 soldiers–all of whom were African American. 28 US soldiers were ultimately convicted and imprisoned.

In 2005, Jack Hamann wrote a book called On American Soil which played a significant role in helping convince the U.S. Army Board for Correction of Military Records that there were extreme errors committed by the prosecution and and that all convictions should be reversed. Hamann called the Fort Lawton Riot the “most overlooked civil rights event in American history.”

In 2008, President Bush signed a decree ordering the Army to compensate the defendants or their family for the errors made throughout the investigation.

This event has a ton more information, twists, turns, etc…we just tried to provide a brief summary, so if you’d like to learn more please check out Wikipedia for an overview, The Seattle Times article on the apology to the soldiers, or possibly even the book On American Soil.

 

Mixed-use Development (Finally) coming to Magnolia

32nd Buildings

The buildings located at 2406 32nd Avenue West (Down from Ace Hardware and Across from the Magnolia Garden Center) have long been empty, boarded up, and covered with graffiti. However, a four story apartment building with retail space on the ground floor is in the works.

The new building, is reportedly going to have 24 one and two bedroom units, as well as 32 parking spaces in the basement, and 6,300 square feet of retail space on the ground floor.

The Architects of this new development got the “OK” from the Design Review Board, and are now just waiting on the final permits, which should take around 4 months. Construction is then estimated to take about one year.

It will be great having some bright, new buildings coming to Magnolia in the near future, they should be a wonderful new addition to our community!