Seattle Houseboats Market Update:
In the last sixty days, there have been many significant sale in the Seattle houseboat community. There have been nine closed sales in the NWMLS for Seattle floating homes and also for Seattle houseboats which are classified as a barge (house barge).
Here are some of the details of the Seattle houseboats which have closed in escrow:
2727 Fairview Ave E #3 This is a grandfathered in Seattle housebarge which was gorgeous. It has 2 bedrooms and was listed on 4/5/2015 for $399,000 and sold for $404,000 after 6 days on the market. It is located on the Hamlin Pier in Eastlake. No sales tax on Seattle housebarges for sale if you can find them.
3125 Fairview Ave E #B This 2 bedroom 875 square foot Seattle floating home was listed on 4/30/2015 for $575,000 and sold for full price three days later. I closed in escrow 5/29/2015.
2727 Fairview Ave E #12 This Seattle floating home is on Hamlin Pier which is a leased dock in Eastlake. It was listed for $695,000 on 3/6/2015 and on the market for 22 days before closing on 4/30/2015 with a final sales price of $675,000.
2031 Fairview Ave E #P The Lake Union Dock in Seattle’s Eastlake neighborhood. The next three sold on this dock. The floating home in slip #P is 1050 square feet and 2 bedrooms. It was listed for $725,000 on 4/28/2015 and after 3 days on the market sold for $715,000 and closed on 6/5/2015. It is the first houseboat on the dock.
2031 Fairview Ave E #B Another Lake Union Dock gem, we sold this gorgeous Seattle houseboat to our lucky clients who came out ahead in a fierce multiple offer situation. This two bedroom 1200 square foot floating home was listed on 4/1/2015 for $895,000 and sold after six days on the market and closed in escrow on 5/19/2015 for $900,000.
2031 Fairview Ave E #G we had the pleasure of listing this one with LeAnne. We listed it on 4/27/2015 for $975,000 and after 5 days on the market it went under contract for full price. During the inspection, we adjusted the price somewhat for a final sales price of $971,000. It closed on 6/10/2015. This Seattle floating home is a two bedroom 1184 square foot houseboat in Eastlake. It is second from the end of the dock and offers some pretty great views and nice finish work.
3236 Portage Bay Pl Moving over to Portage Bay, this two bedroom Seattle floating home was listed on 9/15/2014 for $1,100,000 and after 152 days on the market, it closed in escrow at $1,067,000 on 5/15/2015. This houseboat offered a unique situation which make it difficult to price – a couple parking spaces and an on land rental income opportunity. People looking for Seattle houseboats for rent would like the land rental and this one also has no HOA so no dues.
10 E Roanoke Reef St #12 Awwe… Roanoke Reef floating homes! Roanoke Reef is one of the three standards in Seattle luxury floating homes. This three bedroom floating home is on the back row and offers 1562 square feet of living space to stretch out for your life afloat in Seattle. It was listed for 4/5/2015 for $1,690,000 and after 276 days on the market sold for cash. It closed on 5/8/2015 for a final sales price of $1,640,000.
3212 Portage Bay Place #B Brand new! Seattle new construction floating homes in Seattle are few and far between. This one is back over in Portage Bay again and is one of the latest Seattle luxury floating homes to hit the houseboat market. It was listed for $1,750,000 on 3/28/2015 and after 35 days on the market it sold for full asking price and cash and closed on 5/27/2015. The square footage is 1850 square feet of stunning interiors and three bedrooms which is difficult to find outside of Roanoke Reef, Mallard Cove, or Wards Cove.
So the average days on market for these Seattle houseboats for sale is 56 days. The average dollar per square foot is $751.95 with a range of $657.14 to $1,049.94 for the Seattle floating homes and $404 for the Seattle housebarge Big Brother that closed. The median sales price for all of these Seattle houseboats is $900,000.
One Final note on The Seattle Houseboats Market:
The sales price to list price ratio is 99.02% making the Seattle floating homes market a healthy opportunity for Seattle buyers who want to be in city but can’t seem to compete in the current market. In Seattle land homes for certain neighborhoods, homes are selling for $100,000 to $200,000 and more over list in the same price range. Why not take your buying power and apply it towards Seattle’s most affordable waterfront and closest in city neighborhood? We still have multiple offers in the Seattle floating homes market, but the competition is at a more reasonable pace. I think if more buyers were aware of the attainability of this amazing lifestyle, then more people might jump in and enjoy this unique lifestyle of life afloat in Seattle.
Please call us if you would like to learn more about living life on Lake Union. Courtney Cooper Seattle Houseboats Realtors. We specialize in Seattle floating homes, Seattle waterfront, Seattle luxury homes, and Seattle neighborhoods. Cooper Jacobs Real Estate, SeattleAfloat.com for Life Afloat In Seattle’s Lake Union Neighborhood.