Seattle Residential: I Do That: Green Lake Market Report 3/25/2010-4/25/2010 Seattle

Green Lake Market Report 3/25/2010-4/25/2010 Seattle

Green Lake market Report for April 2010

In This Post

Green Lake continues to sell well.

The Green Lake market is looking good this spring. There are currently 85 active residential and condo listings in the area. There are 43 pending sales and 19 closed sales in the past 30 days. That makes for an absorption rate of 4.47 or it would take 4.47 months to sell off the available listings. The absorption rate for the entire city of Seattle is 6.6 using the data for the past 30 days. There were 4076 listings city wide and 616 properties sold.


View Green Lake in a larger map

The townhouse and stand-alone home market was the strongest with  the highest sale of the year closing this past month at $1,280,000. The average price for sold listings was $581,863. On the slow side of things the condo market only enjoyed 4 sales with an average price of $290,000.

Greenlake Data April 2010

There is some question of how the market will fare with the end of the $8,000 and $6,500 tax credits arriving on the 30th of April. Green Lake has been popular for a long time and we expect sales to continue pretty much as they have been.

Green Lake days on market

 

Market times were a little faster than they were in the earlier part of the year. Sixty three per cent sold in the first 30 days. Spring is a wonderful time to shop for a new home or an investment property here in Green Lake. Give me a call and we’ll take a look at a few that might meet your needs.

 

 

 

 

 

Glenn Roberts
Retired

 

//

Comment balloon 7 commentsGlenn Roberts • April 23 2010 06:01PM

Comments

I love looking at current market activity through the eyes of professionals who are working actively in an area.  You've done a great job of conveying what's going on in the Green Lake area.

Posted by David North, for a rewarding real estate experience (Coldwell Banker Bain) over 8 years ago

Thanks, Dave. I've been trying to develop these reports and refine them at the same time. I'm trying to learn spreadsheets to graphs and create what I want instead of what the NWMLS gives us.

Posted by Glenn Roberts (Retired) over 8 years ago

Nice job Glen.  I like the Green Lake Area.

Posted by Dan Tabit (Keller Williams Bellevue) over 8 years ago

There are many interesting facts here Glenn. It is good to see things are moving in Green Lake.  Also nice to hear the market time is moving faster now. Let's hope it keeps up! 

Posted by Al & Peggy Cunningham, Brokers, Our Family Wants To Help Your Family! (RE/MAX West Realty Inc., Brokerage) over 8 years ago

Dan - Green Lake Park is the most used park in the state. It is likeable and homes here are surprisingly affordable.

Al and Peggy - Our office is right on the north end of the lake. It is pretty darn'd nice.

Posted by Glenn Roberts (Retired) over 8 years ago

Great job with the reports Glenn - I love Green Lake - my only problem is trying to get my Newfie to walk all the way around without him pulling me in the water:)

Posted by Courtney Cooper, 206-850-8841 (Team Leader/ Investor for Brand New Keller Williams North Seattle Office) over 8 years ago

Sound like you'll have to dig your heels in, Courtney.

Posted by Glenn Roberts (Retired) over 8 years ago

Participate