May Real Estate Recap

June 10, 2014|Posted in: Featured Homes, Green Lake, Green Lake News, Green Lake Real Estate, News

The real estate market for the North Seattle area continued the year long trend of being a sellers’ market. Houses are selling faster and at a higher price point than a year ago. The average days on market for a North Seattle home in 2013 was 24 days, this past month a home sold on average in 20 days. More buyers are having pre-inspections completed, writing cash offers, and waiving other contingencies, all to compete for their dream home. Compared to May of 2013, the median price on a home sold in North Seattle increased by 10%. That increase is a result of more buyers who are looking to live in North Seattle.

More specifically in the Greenlake neighborhood, the median home price rose from $475,500 in May 2013 to $499,000 in May 2014 which is a 5% increase from the previous year. If you are looking to buy or sell your home and would like more information, feel free to contact me with any questions.

Leave a Reply


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

*


49 + = 53

Close
Please support the site
By clicking any of these buttons you help our site to get better

Twitter

Facebook

Google+