| 90-day stats for Single Family properties in SEATTLE, WA 98155 as of August 28, 2015 | |||
|---|---|---|---|
| Median List Price: | $481,749 | Average List Price: | $661,160 |
| Total Inventory: | 65 | Price per Square Foot: | $246 |
| Average Home Size: | 2,184 | Median Lot Size: | 9,126 |
| Average # Beds: | 3.70 | Average # Baths: | 2.24 |
| Homes Absorbed: | 15 | Newly Listed: | 15 |
| Days on Market: | 37 | Average Age: | 53 |
Lake Forest Park’s real estate market is not displaying a strong directional signal
This Week:
The median List prices for the Lake Forest Park/Sheridan Beach area is $499,950 up slightly from last week’s $454,475. With inventory and days-on-market basically unchanged and the Market Action Index (see below MAI chart) increasing, the market is not sending strong directional signals for the near-term outlook.
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Supply and Demand
In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb. . . . . ……Get the full report.
Price
Prices in the Lake Forest Park-Sheridan Beach area seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
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