Northeast Seattle and Lake Forest Park real estate showing signs of life

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Real Estate Agent with 206 909-7536 TheHomeFunnel.com

Northeast Seattle and Lake Forest Park real estate showing signs of life

Northeast Seattle and Lake Forest Park real estate showing signs of life

Northeast Seattle real estate days on market and inventory trends


Lake Forest Park real estate days on market and inventory trends


Housing inventories in Northeast Seattle have been trending upward since late February of 2012; while the average days on market have peaked in Mid-February and have been trending downward into April.  Both are excellent signs that the Northeast Seattle marketplace has buyers and sellers coming into the market.

Low interest rates and hints of spring weather are finding both buyers and sellers in Northeast Seattle thinking about real estate. The week after Easter (April 8, 2012) should provide us with a good  indication of what’s in store for the rest of the spring market in Northeast Seattle.

LAKE FOREST PARK

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

 

 

Related posts:

  1. Northeast Seattle Wa. Price and Inventory comparison to Lake Forest Park Wa.(34.4)
  2. How’s The Luxury Market? Lake Forest Park vs. Northeast Seattle (30.5)
  3. Extremely Low Housing Inventory in Lake Forest Park (26.5)
  4. Northeast Seattle housing inventory starts early spring creep (24.3)
  5. Northeast Seattle’s housing inventory creeping (22.7)
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Adrian specializes in green home marketing utilizing traditional and social media marketing to create the widest exposure of your property.

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Topic:
Real Estate Market Trends
Location:
Washington King County Seattle Olympic Hills
Tags:
lake forest park real
lake forest park real estate report
sales report for nw seattle
seattle home trends
northeast seattle market report

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Rainmaker
1,277,500
Joan Cox
Denver Real Estate - Selling One Home at a Time
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373

Adrian, your explanation of Northeast Seattle and Lake Forest Park are easy to read, and glad to see the market doing well.    Wishing you a great year for 2012!

April 03, 2012 04:09 PM
Rainmaker
870,019
Adrian Willanger
Profit from my two decades of experience
206 909-7536 TheHomeFunnel.com

Hi John, I'm seeing the same thing in lots of daily real estate reports, personally, it just feels different, in a good way. I think the real estate train named "recovery" has pulled out of the station. Have a great week. 

April 04, 2012 09:26 AM
Rainmaker
870,019
Adrian Willanger
Profit from my two decades of experience
206 909-7536 TheHomeFunnel.com

Joan, These areas' sometimes feel like the tail of the dog, not being a leading indicator in the real estate cycle but following the urban core. 

April 04, 2012 09:33 AM
Rainmaker
477,123
Melinda (Mel) Peterson
The Naked Blogger 541-659-1620
Real Estate Cafe LLC

A great localism post... Adrian!  Signs of life are definitely encouraging.  Enjoy the day my friend!

April 04, 2012 10:06 AM
Rainmaker
870,019
Adrian Willanger
Profit from my two decades of experience
206 909-7536 TheHomeFunnel.com

Thanks Mel! I think spring has sprung in these communities. 

April 04, 2012 10:14 AM
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Rainmaker
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Adrian Willanger

Profit from my two decades of experience
What's the Seattle real estate market doing? Ask me..
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