Green Lake – February Home Market Update for under $350k in Green Lake

Are you curious what the market is doing in the Seattle Neighborhood of Green Lake? Are you hoping to buy or sell here? We’ve outlined some statistics for homes listed under $350,000. Would you like additional information about Green Lake? Visit our Green Lake Neighborhood Page.

In February there were 16 active homes for sale (priced under $350,000). Of those 16 active homes for sale there were 4 buyers who closed on a home and 3 buyers who had a pending offer on homes.  What does this mean to you?  It means that there’s a 25% absorption rate for homes listed in Green Lake which is not bad at all if you’re a seller.

If you’re a buyer looking for a home in this neighborhood you do have some options but since it is a neighborhood that is highly sought after you’ll have to be quick and know when the home comes on the market.  We can help you with that by setting you up with a listing alert which will email you the day a new home comes on the market.  This will give you the opportunity to be first in line for those homes that are priced right and are in great condition.  You can sign up for a listing alert for this neighborhood or any other neighborhood that you’re interested in buying a home on the search listings page.

If you’re a seller trying to decide when a good time would be to list your home, this is it.  The first time homebuyer tax credt is ending April 30th which means there will be an influx of buyers.  With it being Spring many buyers are out and about and will be looking over the next few months for their next home.

See more great information about the Green Lake Neighborhood in Seattle

About the Author | John & Sarah Payson