• Green Lake Real Estate in the New Year: 2015

    Green lake real estate 2015Green Lake Real Estate Market In 2015:  It is difficult to believe that we are already almost halfway through January of 2015!

    I am still telling people happy new year, but figured it is time to catch you up on the residential Green Lake real estate market going into 2015. New Year. Same Problem for buyers and same opportunity for sellers: The inventory problem still haunts Green Lake buyers.  There isn’t much.  Currently there are exactly 8 Green Lake homes for sale on the market in the NWMLS. These range in price form $460,000 to $1,295,000.  If you have a Green Lake home to sell, then right now you have a great environment to get the most return.  There is a perfect freak storm of no inventory, a buyer boom – even more so than usual, and contingent historic low interest rates. If you own a tear down Green Lake property, then add on the extra opportunity that every builder in town is eagerly looking for a new infill project to build more Seattle new construction homes.green lake homes

    There are 16 Green Lake homes for sale that are currently pending in the NWMLS.  These range in price from $279,900 to $1,375,000. In the last month alone – even with the two weeks of the holidays, there have been 12 Green Lake homes sold and closed in escrow through the NWMLS. The list price on these ranges form $359,950 to $1,278,000 and the sold price ranges form $360,000 to $1,380,000.  Seven of the 12 Green Lake homes that sold received over asking price.  The highest one was 107.98% of list price.  The average sale price to list price percentage of these 12 is 101.84%. The average days on market for these was 24 days with 6 of the 12 homes being sold in one week or less and 8 of the 12 homes being sold in the first two weeks.


    If you’re interested in more information on Green Lake properties or other Seattle neighborhood real estate, please drop us a line at courtney@cooperjacobs.com. 206-850-8841

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