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Eastlake Seattle WA Market Update: October 2009

By
Real Estate Agent with Cooper Jacobs

Eastlake is interesting because although there are single family traditional homes, most of them don't come up for sale very often.  That has been the case for the last six month of sales and also for the current Eastlake homes for sale that are available now.  Excluding Eastlake condos, single family Eastlake homesare comprised of mostly townhouses, then houseboats, then regular single family traditional homes. Eastlake Townhomes have been the dominating factor for single family residential in this Seattle neighborhood recently.

eastlake real estateCurrent Eastlake Homes for sale:

There are currently 25 Active or Contingent homes available in the NWMLS in the Eastlake Neighborhood.  24 of them are Active and 1 Townhouse on Minor Ave E is listed as Contingent.  Out of these 25 Eastlake homes, there are only really three traditional historic Seattle homes-historical and not floating because we all know that houseboats are extremely historical.  Speaking of Seattle houseboats, there are three available in Eastlake right now that are Active. The other 19 Active listings are for townhomes or very townhome like homes.  You can see this is a major part of the market!

Eastlake Homes Moving!

There are 8 Eastlake homes in escrow right now marked as some type of Pending status in the MLS - four townhomes, 3 floating homes, and one home which is probably a tear down on Louisa right behind Louisa's Bakery.  It is pending feasibility right now because the prospective buyers probably need to find out if the height restriction on one portion of it will work for their building plans (this history on that one is kind of cool).

Eastlake sales:  There have been 13 in the last six months that have closed. Houseboats and townhomes are really driving that number with 6 closed Seattle houseboats and 6 closed townhomes in the last six months!  One 1921 little cutie sold as well - a traditional single family residence with 1 bedroom and 1 bath.. more townhomes there?  I hope not - it was so cute!

If you are interested in Eastlake real estate we are happy to help you find your perfect Lake Union home! 

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Courtney Cooper

Luxury Realtor | With Offices in Downtown, North Seattle, & Kirkland

Cooper Jacobs Luxury Real Estate

courtney@cooperjacobs.com 206-850-8841 

More About Me: 

Over two decades of real estate experience guarantees that you are in the best of hands, and I promise to always put your interests FIRST. I specialize in Seattle &  Eastside neighborhoods.  I am a natural waterbaby and love waterfront homes and Seattle houseboats and you can find me down on the docks of Lake Union and Portage Bay several times a week.   Other aspects of Seattle real estate that I adore include Queen Anne Real Estate,Wallingford Real EstateBallard Real EstateGreen Lake Real EstateLaurelhurst Real EstateMagnolia Real Estate, Medina Real Estate, and Seattle Waterfront Real Estate

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Regarding any statistical info from the NWMLS: Information and statistics derived from Northwest Multiple Listing Service.
 

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