|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|
Demand for Lake Forest Park real estate spikes
The median List prices for the Lake Forest Park/Sheridan Beach area is $444,475 up slightly from last week’s $441,975. Inventory has been lightening lately and the Market Action Index (see below MAI chart) has been trending up. These are mildly positive indications for the market.
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Supply and Demand
While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI. . . . . ……Get the full report.
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.
Is it the right time to sell your Lake Forest Park Sheridan Beach home?
Many homeowners are asking the same question, “has the value of our home increased to the point we can sell it?”