Mountlake Terrace Real Estate Report Summary for May 2015

Information is always a good thing.  The more we learn, the more informed we are, and the easier it is to make educated decisions.  Whether you are buying, selling or investing in a Mountlake Terrace home you need to do just that – make an educated decision!  We’ve put together a snap shot of what the real estate market in Mountlake Terrace. Enjoy!

Reporting only Single Family Homes there were:

• 12 ACTIVE Homes for Sale
• 25 PENDING Sales
• 27 SOLD Single Family Homes

Sales ranged from a low of $115,000 to a high of $465,000.  This range is broken done by:

• 6 home sales were under $250K
• 21 home sales were between $250K and $500K
• 0 home sales were between $500K and $750K
• 0 home sales were between $750K and $1M
• 0 home sales were between $1M and $1.5M
• 0 home sales were between $1.5M and $2M
• 0 homes sales were over $2M

The median SOLD price for single family homes in Mountlake Terrace was $280,000 with the average days on market being only 9 days.

The median price per square foot for sold listings in this area is $211.

Find Homes for Sale in Mountlake Terrace WA

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Want to Buy, Sell or Invest in Real Estate?

Are you interested in buying a home?  Stay on top of the market! We can send you real-time listings of area homes as they come on the market – find out how. Want to find out what your home is worth?  Request a FREE Market Analysis TODAY! Contact the Knowles Team TODAY at (206) 588-8418 to discuss what is happening in today’s Greater Seattle area Real Estate Market. The Knowles Team will be happy to give you a personalized Comparative Market Analysis for your home or assist you in purchasing a home.

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Past Market Reports

2014 Stats

Reporting only Single Family Homes there were:

• 50 ACTIVE Homes for Sale
• 21 PENDING Sales
• 210 SOLD Single Family Homes

Sales ranged from a low of $140,000 to a high of $627,000.  This range is broken done by:

• 4 home sales were under $250K
• 156 home sales were between $250K and $500K
• 4 home sales were between $500K and $750K
• 0 home sales were between $750K and $1M
• 0 home sales were between $1M and $1.5M
• 0 home sales were between $1.5M and $2M
• 0 homes sales were over $2M

The median SOLD price for single family homes in Mountlake Terrace was $300,000 with the average days on market being only 13 days.

The median price per square foot for sold listings in this area is $200.