About Laurelhurst

Developed in the 1920's and 30's, Laurelhurst offers a unique community setting nestled along the shores of Lake Washington, showcasing a variety of handsome properties, great parks and recreation, topnotch public and private schools, world renown medical facilities and a close proximity to shopping and restaurants.

Laurelhurst distinguishes itself with a number of community treasures. Sand Point Village presents shopping and restaurant opportunities a short walk away. The Laurelhurst Park and Laurelhurst Beach club offer a full array of recreation and water activities for old and young alike and are a great places to meet friends and neighbors to get caught up on the latest happenings. Finally, Children's Hospital and Medical Center serves as one of the nations finest medical facilities and has been a wonderful neighborhood partner.

Located in Northeast Seattle this in city neighborhood is conveniently located to the regions key business, educational and shopping districts. Commuter times range from five minutes to the University of Washington, 10 to 20 minutes to downtown Seattle via Interstate five, 15 to 40 minutes to downtown Bellevue via state route 520.

Many homes have outstanding views and vistas of Lake Washington, Mt. Rainier, the Cascade mountain range, Husky Stadium, and the Olympic Mountain range.

In 2005 80 homes sold in Laurelhurst. The average sales price was $1,083,933. The average sales price for non-water front homes was $864,653, a 10% increase from the previous year. The average days on the market was 29 days with the highest price home selling for $5,750,000.00 and the lowest price sale at $389,950.

In 2006 ther were 77 sales in Laurelhurst. The Average price of all homes sold was $1,163,801. The average price of non waterfront homes was $971,381. Overall it was a 12% increase over 2005.

2007 was a tale of two halves. the first half of the year was just like the previous 3 years....fast and furious. Then the mortgage crisis hit and lots of news regarding an over inflated market hit. While homes sold, market times were longer in Laurelhurst. In the end the total number of neighborhood sales was 77(same as 2006). The Average sales price of non waterfront homes was $1,011,711. The median sales price was $942,500. Overall it was a 4% increase over 2006. New construction and the Premier properties were in high demand.

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