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As of May 18, 2007 there were 657 homes in the neighborhood of Madison Park. The real estate market history of the Madison Park neighborhood is as follows:
Madison Park Homes – Property Characteristics
• The average year built for a Madison Park home is 1947
• The average size of a home is 2,713 square feet
• The average Madison Park home has 3 bedrooms
• The average Madison Park home has 2 bathrooms
• 285 homes are 1 story
• 101 homes are 1.5 stories
• 243 homes are 2 stories
• 11 homes are 2.5 stories or taller
• 470 Madison Park Seattle homes have basements
• 158 Madison Park Seattle homes have garages |
Madison Park Homes – Ownership Statistics
• The average length of ownership is 8 years
• 248 homes have been owned between 0 and 5 years
• 143 homes have been owned between 5 and 10 years
• 185 homes have been owned for 10 years or more
• 544 Madison Park Seattle homes are owner occupied
• 113 Madison Park Seattle homes are non owner occupied
• The average property taxes for a Madison Park Seattle home are $8,934 |
2007
• 11 Madison Park Seattle homes sold | 2% of total market
• $499 price per square foot
• $700,000 lowest selling price
• $1,183,514 average selling price
• $1,500,000 highest selling price |
2006
• 41 Madison Park Seattle homes sold | 6% of total market
• $478 price per square foot
• $636,700 lowest selling price
• $1,290,210 average selling price
• $4,399,000 highest selling price |
2005
• 35 Madison Park Seattle homes sold | 5% of total market
• $356 price per square foot
• $322,000 lowest selling price
• $926,180 average selling price
• $1,585,000 highest selling price |
2004
• 38 Madison Park Seattle homes sold | 6% of total market
• $316 price per square foot
• $440,000 lowest selling price
• $842,189 average selling price
• $1,590,000 highest selling price |
2003
• 31 Madison Park Seattle homes sold | 5% of total market
• $353 price per square foot
• $399,000 lowest selling price
• $993,298 average selling price
• $2,780,000 highest selling price |
2002
• 15 Madison Park Seattle homes sold | 2% of total market
• $248 price per square foot
• $325,000 lowest selling price
• $627,779 average selling price
• $1,000,000 highest selling price |
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