Lake Forest Park
July’s housing number are continuing to improve for Lake Forest Park. The inventory of available homes for sale in the Lake Forest Park shows the fastest moving segment is houses priced from $298,000-400,000, homes in this range have an average market time of 68 days. Yearly inventory levels peaked in mid-June and are on the decline while prices have come off the bottom in March and have continued to trend upward.
The City of Lake Forest Park is located just north of Seattle, it’s occupies the northwest corner of Lake Washington. Lake Forest Park is anchored by the Lake Forest Park Town Center which has over the years become a “third place” for many residents.
The average days a listing in Lake Forest Park stays on the market has declined sufficiently from early February 2012, when the average days on the market for a listing reached 157 days. Active listings in February reached their lowest level since September 2011 and have little by little starting to gain numbers.
Lake Forest Park is filled with residents who love outdoor activities and being right next door to the Burke Gilman Trail provides health enthusiasts a convenient outlet to walk, run and cycle along the shores of Lake Washington from Gas Works Park through Lake Forest Park and continuing to Ste. Michelle Winery in Woodinville.
| 90-day stats for Single Family properties in SEATTLE, WA98155 as of June 14, 2013 |
|||
|---|---|---|---|
| Median List Price: | $357,054 | Average List Price: | $429,546 |
| Total Inventory: | 122 | Price per Square Foot: | $182 |
| Average Home Size: | 2,082 | Median Lot Size: | 9,615 |
| Average # Beds: | 3.53 | Average # Baths: | 2.20 |
| Homes Absorbed: | 10 | Newly Listed: | 13 |
| Days on Market: | 97 | Average Age: | 52 |
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