Seafair 2014: Blue Angel Road Closures

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Blue Angels How excited are you for the Blue Angels’ return to Seattle for Seafair 2014? They were missed last year!!

Along with their exciting air show, one of the big highlights of the Seafair weekend, come road closures during the Blue Angel practices and performances. I-90 will be closed to all vehicles, pedestrians and cyclists, between Interstate-5 in Seattle to Island Crest Way on Mercer Island. The closures affect both east and westbound mainline lanes, plus the express lanes, and will start 30 minutes before the practice and show times. Below are the days/times that will kick off Thursday, July 31st.

  • Thursday, July 31: 9:45am-Noon & 1:15-2:40pm (Practice)
  • Friday, Aug 1: 12:15-2:40pm (Practice)
  • Saturday, Aug 2: 12:15-2:40pm (Full show)
  • Sunday, Aug 3: 12:15-2:40pm (Full show)

West Mercer Way from Roanoke Way to the SE 24th will also be closed to pedestrians and cyclists. But pedestrians and cyclists will be allowed on the bridge highrises to view the Blue Angels. During the closures, access on West Mercer Way from Roanoke Way to the 2100 block of West Mercer Way will be limited to residents and their guests. If you will be expecting guests during this time, please make sure they are prepared to provide your address to police in order to drive through this area during the closures.

The Seafair weekend is full of events on Lake Washington. To see the full schedule, click here. Besides the hydro races, there will be music, cooking and bbq demos, a Food and Wine Festival, the Seafair Clowns, and of course the Seafair Pirates. Seattle Metro is offering a free shuttle from the Columbia City Light Rail Station to Genesee Park to watch the Hydros race. On Friday, August 1st, the shuttle will run 7 am to 3pm— Saturday, August 2nd, 7 am to 11:15pm– Sunday, August 3rd, 7 am to 5:30pm.

Have a fun, fabulous and safe Seafair Weekend!

Weekly Real Estate Activity Report for Seattle, Eastside and Mercer Island: 7/25/14

Mercer Island Farmer’s Market: Sunday, July 27th

Capture

Happy weekend, everyone! It’s the last one of July, and summer sure is flying by fast. The rain is gone and the sun has returned, so take advantage of it while you can! The market theme is Fresh Produce, and right now the fruit could not be sweeter or the veggies crisper. The farmer’s market this weekend will feature music from the Double Take Duo and dinosaur gardens at the kid’s booth!

As for vendors, all the usual favorites will be there, including the Pinckney Cookie Cafe. This vendor has incredible cookies, including their famous chocolate chip and variations including coconut, cherries and oatmeal. Stop by and check them out!

Open Houses: Saturday, July 26th & Sunday, July 27th 2014

Sold By Windermere Do you ever check out the local housing market statistics over at Weekly Property Report? This week’s market activity blog post points out the marked increase in new listings over the past week. This is terrific news for both buyers and sellers — it indicates a more balanced housing market that benefits both sides of a housing transaction equally. Buyers who have grown weary of multiple offer situations, take note– with this abundance of new housing inventory, you have more homes to choose from than has been available in the Seattle area for quite some time. And with 30 year fixed interest rates hovering near 4.125%, a home purchase is a terrific opportunity to pursue.

Brokers at Windermere Real Estate/Mercer Island also brought several new listings to the housing market this week. The new listings available to preview this weekend include homes on Mercer Island, Renton and Seattle’s North Beach neighborhood. They include many elegant upgrades and special touches throughout. Level lots, serene territorial views and shared waterfront are also coveted features within these new listings. Details about the open houses are below, by city.

Have a fabulous weekend!

Mercer Island
$739,000 l 648190 l 5601 90th Ave SE l Doug McKiernan l Sunday, July 27th 1-4pm

$800,000 l 661046 l 4323 W Mercer Wy l Nancy LaVallee l Sunday, July 27th 1-4pm

$1,330,000 l 660339 l 9225 SE 60th St l Marianne Parks l Sunday, July 27th 2-4pm

$2,125,000 l 670791 l 4018 E Mercer Wy l Kelly Weisfield l Sunday, July 27th 1-4pm

Renton
$590,000 l 670522 l 2017 NE 35th Place l Daniel Marinello l Saturday, July 26th & Sunday, July 27th 1-4pm

Seattle
$995,000 l 670443 l 2601 NW 98 St l Emily Roberts l Saturday, July 26th 12-3pm & Sunday, July 27th 1-4pm

The Mercer Island Open House List is ready to conveniently print from this blog post!  35 homes are available to preview Saturday, July 26th, and Sunday, July 27th. The list prices range from $209,000 to $5,250,000. The prominent features of the homes being held open over the weekend include recent price reductions, new to the market, outdoor entertaining spaces and walk-in pantries

Open House List_Page_1 Open House List_Page_2

Weekly Real Estate Activity Report for Seattle, Eastside and Mercer Island: 7/18/14

Mercer Island Farmer’s Market, Sunday July 20th

toff

The MI Farmer’s Market took a quick break last weekend for Summer Celebration, but it’s back this weekend with some awesome new features for the whole family. The kid’s table will feature lavender bundles, which smell incredible. There is also a tasting this weekend featuring roasted vegetables…yum!

Make sure you visit Hedgehog Toffee; they have some of the best sweet-tooth-satisfiers out there. Be sure to visit their website here to read about the amazing story behind the brand. Enjoy your weekend everyone!

2nd Quarter 2014 – Reviews for Mercer Island, Seattle and the Eastside

Hot Off The Presses!

Mercer Island

The first half of 2014 continues to trend upward in a seller-favored real estate market. Lowered interest rates coupled with more homes coming to market is the silver lining for buyers.

The number of closed residential home sales is up from the record 2nd quarter of last year—111 compared to 101. Second quarter closed sales typically include those homes that went under contract March-May and customarily represent the peak of the market in any given year. The average cost per square foot climbed to $442 from $372–a 19% increase over the same period last year.

On the condominium front, the average cost per square foot increased from $292 to $308–up 5.5% over the second quarter of last year.

Click here for the full report and neighborhood-by-neighborhood statistics!

© Copyright 2014, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.

Seattle

Steady as she goes. The Seattle-Metro residential market has grown in very incremental steps with a modest 8% increase in average cost per square foot.

Average sale prices were up 4% to $570,263 from $548,011 during the second quarter of last year. Multiple offers tend to be the norm in most Seattle price ranges causing the average list price to sales price ratio to climb to a noteworthy 102%.

Seattle condo sales have been booming with 761 units sold in the second quarter compared to 723 for the same period last year. The average cost per square foot has increased to $388 from $342 during that same period.

Click here for the full report and to see how prices have changed in your neighborhood!

 

 

© Copyright 2014, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.

Eastside

Average residential sales prices continue to climb on the Eastside, spurred by significant redevelopment and long-awaited new construction on lots closest to downtown suburban city hubs.

The average cost per square foot on the Eastside climbed to $282 from $249 during the second quarter of last year. Average sale prices increased to $765,132 from $665,924–a 15% rise over last year and the largest increase region-wide.

The Eastside condo market, from Bellevue to Woodinville, continues to show strength as average sale prices increase to $344,130 from $270,000 a year ago. Of note is that condos located closest to the core downtown areas of Bellevue and Kirkland have benefited most greatly in this market.

Click here for the full report and to see how prices fared in your neighborhood!

 

 

© Copyright 2014, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.

*The current Quarter in Review is always located on Mercer Island Pulse’s Current Market Trends page