Reminder About The Magnolia Farmers Market

NFM_MarketLogos_r1c

Just a friendly reminder that the Magnolia Farmers Market takes place every Saturday through October 17th. The Farmers Market is open from 10 AM – 2 PM on those Saturdays, and it is located between 33rd Avenue W and W McGraw Street in the Magnolia Village.

Be sure to go and check out the Magnolia Farmers Market on the remaining Saturdays through October 17th, and check out all of the local produce and items that they have to offer.

See you there!

Magnolia Real Estate Report for June

August Real Estate

Needless to say, the month of June was an absolute scorcher in Seattle, and so too was the real estate market in Seattle’s Magnolia neighborhood. As we know, the summer months typically signal the busiest time of year for real estate transactions, and we saw this to be true when we look at last month’s statistics. Let’s take a look at some of the real estate highlights for the month of June in Magnolia:

According to the Northwest Multiple Listing Service, June brought about the sale of 47 single-family homes. The median sales price of those 47 homes was approximately $831,134. The homes that sold in the month of June averaged being on the open market for just 26 days, and the total dollar amount of those transactions totaled roughly $39,063,319. That’s pretty incredible for a month’s work!

There were also 11 condominiums sold in Magnolia in June at a median sales price of $354,454 and averaged being on the market for only 13 days.

As you can see by the statistics provided above, the real estate Market in Magnolia continues to be extremely dynamic, and that’s not anticipated to change as summer continues to roll on in the Pacific Northwest. For more information on  Magnolia (and Seattle) real estate, or if you are curious about what your house might be worth in this strong market, please contact your local real estate broker for a free market analysis and conversation about your home.

Magnolia Real Estate Report for May

August Real Estate

The month of May has come and gone, and although the weather makes it seem like we’re right in the middle of summer, the official start is just a few weeks away. The beginning of summer typically signals the busiest time of year for the real estate market, but the last several months have been quite active as well. Let’s take a look at some of the real estate highlights for the month of May in Magnolia:

According to the Northwest Multiple Listing Service, May brought about the sale of 38 single-family homes. The median sales price of those 38 homes was approximately $895,108. The homes that sold in the month of May averaged being on the open market for just 26 days, and the total dollar amount of those transactions totaled roughly $34,014,104. Not a bad month’s work!

There were also 8 condominiums sold in Magnolia in May at a median sales price of $337,056 and averaged being on the market for only 18 days!

As you can see by the statistics provided above, the real estate Market in Magnolia continues to be extremely dynamic, and we don’t anticipate that to change as we get deeper into the summer months. For more information on  Magnolia (and Seattle) real estate, or if you are curious about what your house might be worth in this strong market, please contact your local real estate broker for a free market analysis and conversation about your home.

Magnolia Chamber of Commerce Spring Fest 2015!

springfest-2015

Join the Magnolia Chamber of Commerce for Spring Fest in the Village on Friday, April 24th from 6:00 PM – 9:00 PM!

This event will keep the entire family entertained, with music by the Superchargers (sponsored by Serendipity), a bouncy house (sponsored by Ewing & Clark, Inc), a beer garden (featuring Hale’s Ales), and art pieces in various participating businesses.

Bring the family out and have a great time in the Magnolia Village next Friday, the 24th!

*The Magnolia Village is located at W McGraw Street, Seattle, WA 98199

 

Magnolia Real Estate Report for 2015 (Thus Far)

August Real Estate

It is not a secret that the year 2014 was a huge success for the real estate market in Seattle, and particularly in the Magnolia neighborhood. Homes were purchased, sold, and tons of transactions were agreed upon last year. Now that we are a couple of months into 2015, let’s get an update on what the Magnolia real estate market is looking like thus far.

According to the Northwest Multiple Listing Service from January 1, 2015 – March 19, 2015, there has been 59 homes sold in Magnolia. The median sales price of those 59 homes was $685,525. The homes that sold so far this year averaged being on the open market for a total of 58 days before they were purchased. Of the 59 houses sold, 48 have been residential homes and 11 have been condominiums. The total volume of those 59 transactions totals $40,446,032. 2015 is certainly not off to a bad start!

As you can see by the statistics provided above, the year 2015 is off to a good start for real estate transactions in Magnolia. With spring and warmer weather right around the corner, expect the market to continue to heat up even more! For more information on  Magnolia (and Seattle) real estate, or if you are curious about what your house might be worth in this strong market, please contact your local real estate broker for a free market analysis and conversation about your home.

Commercial Condo Available in Magnolia!

Commercial Condo for Sale

A 2,036 square foot Magnolia condo in the Chez Nous building located at 2100 Thorndyke Avenue West is available for purchase.

This particular unit allows for both commercial and residential uses, however the unit has only been occupied by commercial tenants thus far.

Shower, closets, appliances, and kitchen would need to be installed if unit were to be used as a residential space.

The Seattle condo features large, westerly facing windows which look out onto Puget Sound and downtown. The space also features a convenient, open layout with a kitchenette and high ceilings.

The asking price for this Magnolia space is $475,000.

Tours are by appointment only, and can be scheduled with Ewing & Clark broker Brian Mayer. Brian can be reached at (206) 441-7900.

 

Magnolia Winterfest 2014

holiday

The 2014 Magnolia Winterfest is set to take place on Saturday, December 6th from 4:00 PM – 8:00 PM.

Organized by the Magnolia Chamber of Commerce, this years Winterfest will definitely have something for everyone! There will be festive treats, carolers, live reindeer, Santa Claus, tree-lighting, kids attractions, food & drink, and shopping in the Village!

Join the Magnolia Chamber of Commerce for Winterfest 2014 and help celebrate the winter season by spending a great and festive night in the Village!

 

 

Magnolia Real Estate Report for the Month of October

August Real Estate

The month of October came and went, and now it is hard to believe that the Holiday Season is almost upon us!  Fall and winter are generally a little slower than spring and summer as far as real estate activity goes, however that hasn’t been the case so far. Let’s take a look at Magnolia’s October real estate report:

According to the Northwest Multiple Listing Service, October brought about the sale of 37 single-family homes, compared to 29 sales in September. The median sales price of those 37 homes was $704,000. There were 41 active homes that remained available for purchase when October came to an end. The homes that did sell last month averaged being on the market for 73 days, compared to only 21 days in September. The total volume of those 37 transactions was $31,761,369. Not too shabby!

There were also 6 condominiums that were sold in October for an average price of $218,966.

It may be getting colder and darker this time of year, but statistics continue to support that people are still buying and selling a lot of real estate in Magnolia! For more information on  Magnolia (and Seattle) real estate, or if you are curious about what your house might be worth in this strong market, please contact your local real estate broker for a free market analysis and conversation about your home.

Vino in the Village + Open House Next Friday!!

Vino 2

Looking for a fun way to kick off the Holiday season? Then look no further than Vino in the Village and Open House taking place on Friday, November 21st from 6:00 PM – 9:00 PM!

Brought to you by the Magnolia Chamber of Commerce, this fun night of wine tasting features 14 local wineries and shopping experiences in the Magnolia village. The fundraiser benefits many chamber events, including Winterfest, which takes place on December 6th.

Wine can be purchased without tax, and 30% of the price goes to Magnolia Chamber of Commerce fundraising efforts.

Tickets are $25 in advance or $30 at the door. Also, participants can bring their own wine glass, or purchase a souvenir glass for $5.

Registration and wine glasses start at Ian Fitness, located at 3111 W. McGraw Street.

See everyone next Friday the 21st for a fun evening!

Participating Wineries:

Belmonte Cellars, Genoa Cellars, Wilridge Winery, Convergence Zone Cellars, Naches Heights Vineyard, Davenport Cellars, Vortex Cellars, The Bunnell Family Cellar, Cloudlift Cellars, Ward Johnson Winery, O-S Winery, Structure Cellars, Stomani Cellars, & Martedi Winery.

 

 

Magnolia Real Estate Report for the Month of September

August Real Estate

The month of September in Seattle meant that the kids went back to school, summer weather didn’t let up, the Seahawks returned to the football field, and the real estate market continued to be very active.

According to the Northwest Multiple Listing Service, September brought about the sale of 29 single-family homes in Magnolia. The median sales price of those 29 homes was $777,000. There were 63 active homes for sale in September. The homes that did sell last month averaged being on the open market for a total of 21 days. Obviously, the real estate market is still moving pretty quickly!

There were also 2 condominiums that sold in September in Magnolia at an average price of $169,250.

As you can tell from the statistics reported above, the Magnolia real estate market has continued to stay hot, which is great news if you’re looking to buy or sell a single-family home or condo. For more information on  Magnolia (and Seattle) real estate, or if you are curious about what your house might be worth in this strong market, please contact your local real estate broker for a free market analysis and conversation about your home.