Laurelhurst Housing Market Report for May '10

Maybe with the upcoming Laurelhurst Neighborhood garage sale this weekend, we’ll get a few more home buyers into this wonderful area!B May showed 40 active listings and 7 successfully closed transactions for a sell-through rate o 17.5%! Not bad!B Average sales price was at $435k and the median prices were close but in a good range: Top was $499k, mid was $460, and 25th % was $375k. Homes closed at -6.25% of most recent list price…… that number needs to get better as it reflects $35k drop in list price to closed price.

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