The inventory of homes for sale recently on Lake Washington has been lower than we've seen in years. While there have been up to 200 homes available during busier selling seasons, we're down to just 74 homes on the lake listed for sale currently. That number is under where we were one year ago today, at 83 homes available for sale.
With over 2,000 houses on Lake Washington, the current crop of homes for sale represents just 3 or 4 of every 100 waterfront homes being available for sale.
Under $2,000,000:
The category of waterfront homes under $2 million is even more significantly strained. Just 14 homes are listed in this range, considered to be the "affordable" waterfront locations on Lake Washington. At 0.7 percent of the lake's homes available in this price category, the pickings are slim and competition is fierce.
Currently available for sale are:
9 waterfront homes in Bellevue
8 waterfront homes in Hunts Point
10 waterfront homes in Kirkland
3 waterfront homes in Lake Forest Park
28 waterfront homes in Mercer Island
2 waterfront homes in Renton/Kennydale/Newcastle
10 waterfront homes in Seattle
1 waterfront home in Yarrow Point
Source: NWMLS database. This information was not compiled or published by the Northwest Multiple Listing Services.
© SeattleHome.com: - Sam DeBord, Managing Broker, Realtor
Board of Directors, Washington Association of Realtors
Coldwell Banker Seattle: Coldwell Banker Danforth & Associates
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