Green Lake Real Estate 4th Quarter 2011

Friends want to know, am I keeping busy in the Green Lake Real Estate Market for 4th quarter…notoriously a sleepy time of the year for Realtors.  The answer is YES I’M BUSY!  Keeping track of the real estate market is a daily, constant routine and the inventory is literally changing every day.  Clients want to know what’s going on every day.

Many buyers are asking what’s up with this lack of inventory.  On the flip side, sellers are asking is it a good time to sell with home values seeming to be slipping.   True, the Green Lake real estate market has seen better inventory before, but the homes that are active are selling!  A home listed for sale on my street went for $10,000 over list price which means, yes, multiple offers.  Then there’s the bank owned property for sale around the corner.  So you really do need a professional Realtor in this market who can help you understand the market and the pros and cons.

So how is my favorite neighborhood, Green Lake, faring in this 4th Quarter so far?

Just to show you how active Green Lake’s real estate has been as we are nearing the end of the 4th quarter, here’s a quick snap shot.

Green Lake 4th Quarter 2011 Solds

If you want the short version, here goes:

High Sold Price
$910,000

Median Sold Price
$482,500

Low Sold Price
$246,500

The average price per square foot rounds out at just about $240.00 and with 63 days on the market, things have been selling for 98% of list price.

If YOU’RE interested in understanding the Green Lake Real Estate Market, I’d be happy to help.  I’ve lived in this ‘hood for 17 years and love every minute.

molly@cooperjacobs.com  / 206.841.6800

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