Seattle Floating Homes Market Update – End of August 2011

Seattle Floating Homes Market Update – End of August 2011 (Is that possible????)seattle houseboats

Here we are 8/31/2011.  Summer is pretty much over although it finally feels like we are getting some warmer weather here and there.  Seattle houseboats are still well into their prime season and the choices afloat on Lake Union are vast.  If you are interested in buying a Seattle houseboat, now is a great time to look.  I actually haven’t seen so many choices in the last few years at one time – and they are in all price ranges.

Current offerings range from $219,950 for a little guy on Boyer Ave E to $1,395,000 for one of the Roanoke Reef houseboats.  There are 16 Seattle floating homes on the market right now with a median price of $650,000.  You can find these Seattle houseboats on Lake Union docks in Eastlake, Westlake, and Portage Bay.  There are leased and owned moorage options.  Let us know if you are curious about what might be the best fit for you.

Seattle Floating Homes Sales Numbers August 2011 – How is the houseboat market?

There have been 4 Seattle floating homes that have closed in the last 30 days on the NWMLS. These sold housbeoats range in price from $355,000 for a Westlake Cove houseboat to $2,885,000 for a modern beauty on the Fairview Landings dock with a median price of $632,500.  The average days on market for them is 212 days and the sales price to list price percentage is 88.01%.

Here are some details of these sold Seattle floating homes:  The average sales price to list price % on these is 88.01%

  • 2764 Westlake Ave N #C Listed and Sold by Cooper Jacobs Real Estate listed for $399,000sold for $355,000 (SP/LP:  88.97% – exceeds average)
  • 2019 Fairview Ave E #R  Listed for 625,000/sold for $575,000 with 13 days on market (seems like a motivated seller)(SP/LP:  92% – exceeds average)
  • 2031 Fairview Ave E #B  Listed for $789,000/sold for $690,000 (SP/LP:  87.45% – below average)
  • 2369 Fairview Ave E #6 Listed for $3,800,ooo originally, dropped to $3,450,000, sold for $2,885,000 (LOWEST SP/LP:  83.62% – below average)
Cooper Jacobs has one of the highest sales price to list price % on these closed Seattle floating homes sales – please call if you need a market analysis of your floating home:  Courtney Cooper  206-850-8841  or email courtney@cooperjacobs.com

Gas Works Park Marina On Lake Union

Gas Works Park Marina On Lake Union

Gorgeous Day in Seattle for water lovers on Lake Union.  Gas Works Marina is sweet spot on North Lake Union for Seattle houseboats.  Courtney and I looked at an adorable housebarge today on this sunny Seattle day.  With less than 35 housebarges available on Lake Union, this is a score!  Here is a great shot of Gas Works Park Marina lines with adorable houseboats. 

Gas Works Park Marina

Current Seattle Floating Homes Market – What is Happening Out There?

Besides rain, snow, and dull darkness?  A touch of sun here and a glimpse of blue sky there. The current Seattle houseboats market is stirring up as we trudge through Winter and many are starting to think about getting their floating homes and houseboats ready for the Spring 2011 market.

So, Current Seattle Houseboats Market – What is Happening Out There with floating homes on Lake Union and in Portage Bay?

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It is hard to weed through the actual Seattle floating homes in the NWMLS right now.  The code for them is 24-Houseboats, but that code is also used for houseboats that are vessels and more recently has been used for Lake Union moorage sites at Ward’s Cove.  In addition, there is a land home also mixed in with the houseboats because it is at the head of the dock… This can all be confusing for the consumer, so I have gone through and weeded through all the houseboat listings and pulled the Seattle floating homes from them.

There are only 6  Seattle floating homes for sale right now – 3 in Westlake, 3 in Eastlake, and no Portage Bay floating homes.  If your houseboat is on the market, then that is good news for you because competition is low.   Interested buyers in floating homes have increased in the last two weeks noticeably for us. This is getting the current Seattle houseboats for sale a lot more attention than in the previous holiday months.

Westlake houseboats for sale – There are three Seattle houseboats for sale in Westlake Cove right now.  They range in price from $299,000 to $850,000.  Westlake Cove is near the Fremont Bridge and on the Lake Union Loop with very easy parking and quick access Downtown – a perfect spot for Amazon employees or anyone coming to work at The Gates Foundation.

Eastlake Houseboats for sale – Also on the Lake Union Loop, there are also three Seattle houseboats for sale in Eastlake.  These range in price from $495,000 for a Seattle floating home on a leased dock to $3,450,000 for a contemporary wonder on the Fairview Landings dock.

Summary Seattle Houseboats data on actives– Seattle floating homes for sale range from $299,000 to $3,450,000 with an average of $1,020,494 and median list price of $562,475.

Pending Sales – There is one floating home on one of the Sleepless In Seattle docks that is pending at $975,000.

Last 30 days of escrow closings – Winter has been slow.  Over at Lee’s Mooring – 933 N Northlake Way Houseboat #14 closed on 1/12/2011.  It was listed for $799,950 and on the market for 249 days.  It sold for 90.88% of its list price with a final sales price of $727,000.

What’s Next?

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If you are a Seattle houseboat buyer, come out and see the inventory.  If you have seen them before, come see them again.  Sellers are willing to negotiate and your best opportunity is now before the market heats up.

If you are a Seattle houseboat seller, the inventory is low and that means competition is low. There are less buyers, but you can be sure to get in front of them.  As Spring approaches, think about what improvements or sprucing up you can do to get your houseboat ready for the market.

Call or email me if you want to see anything or need a check list:) 206-850-8841/courtney@seattleafloat.com

Seattle Houseboats For Sale – Current Real Estate Market on Lake Union

Seattle Houseboats For Sale – Current Real Estate Market on Lake Union

The Seattle houseboats market has tightened up with only 10 Seattle floating homes on the market right now.   Floating homes on the market range form $299,000 to $3,800,000 with a median price of $612,475.

Current Seattle floating homes on the market include two with leased dock moorage – this is non owned moorage and the least secure.  There are good opportunities with owned moorage docks, so I would definitely check those first as the more secure investment.  Costs actually tend to be better as well in most cases which is a common misunderstanding.

Three of the best Seattle floating homes value and quality wise currently for sale which also happen to be on owned moorage docks:

2 Bedroom Seattle Houseboat in Eastlake:  

2321 Fairview Ave E:  Lake Union moorage for boat alongside floating home, 2 bedrooms, loft, ability to go up with remodel and added flotation, loft, wood floors, gas fireplace, roof top deck, more  – This is a beautiful Eastlake Seattle houseboat! $595,000

$299k For A Seattle Floating Home!

2764 Westlake Ave N:  Historic Seattle houseboat with sleeping loft and cozy wood burning fireplace plus claw foot tub – very cool get away and an ideal in city condo alternative – located in Westlake at the base of Queen Anne on Lake Union  – close to Amazon and Gates Foundation, and still walkable to Fremont!  $299,000

2 Bedroom Westlake Floating Home

2764 Westlake Ave N:  2 bedroom fun and funky Seattle houseboat on wide channel with huge deck!  Right on the Lake Union Loop and a perfect place to snuggle in for the winter and call home! $399,000

For additional details or help with Seattle houseboat financing:  Courtney@SeattleAfloat.com

Seattle Houseboats For Sale Right Now Have Great Range In Price Points

Seattle Houseboats For Sale Right Now Have Great Range In Price Points – There really is something out there for everyone, but what makes them so different in price?

There are currently 13 Active Seattle Houseboats for sale right now in the MLS. Lots of good choices and most of them boast owned Lake Union moorage for their slips whether it be fee simple as in Roanoke Reef, condominium moorage or cooperative moorage. Only 2 of the 13 are on leased moorage – this means they do not own the slip their homes are in, but rather rent it from the owner.

Priced in Seattle floating homes range greatly right now from $325,000 for a charming Seattle houseboat in Westlake to more than ten times that price at $3,800,000 for a high end newer custom beauty on the Eastlake side.

Variables in Seattle houseboats can range from type of houseboat moorage (owned or leased) to size and style of construction or even bells and whistles as every floating home is different.

Here is a good list to consider when wondering how a Seattle houseboat is priced:

  • Type of moorage for the houseboat slip itself (leased or owned)
  • If owned, what type (condo, fee simple, co-op, or combo)
  • The strength of the dock members itself (some docks are going to be better than others in terms of finances , maintenance, and cohesiveness of dock members overall.
  • moorage for a boat – if so how big of a slip?
  • Parking?
  • Dues/taxes
  • age/maintenance/upkeep of floating home itself
  • roof top?
  • square footage?
  • gas on dock?
  • views?
  • pet policy?
  • nearby amenities
  • is there a DNR lease?
  • outdoor spaces and connectivity to water
  • channel views between docks
  • type of construction/type of float
  • security

There are of course other factors as each individual has different preferences.  It is just difficult to give Seattle floating homes an overall dollar per square foot estimate as each one is so different.  You can only compare them to recent sales to get numbers.

For instance, we recently sold a beautiful Portage Bay floating home at 1214 E Hamlin #3 for $645,000.  It is a one bedroom with roughly 800 square feet.  This makes the two bedroom  2321 Fairview #3 a complete bargain at it’s listed asking price of $595,000.  You can also find amazing prices on the Westlake Floating homes near Fremont – with easy walk to tons of life in Fremont, Queen Anne, or Downtown, not to mention of course South Lake Union.  Call if you want to check them out 206-850-8841

We are available to talk now.