Lake Forest Park home prices and inventory levels trending up

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Real Estate Agent with 206 909-7536 TheHomeFunnel.com

Lake Forest Park home prices and inventory levels trending up

 

Housing inventories in Lake Forest Park have been trending upward since late February of 2012; while the average days on market has continued to decrease since the high-water mark in February 2102, falling from 157 day average to a 117 day average into the first week of May 2012.

Inventory levels and selling prices both starting trending upward towards the end of February 2012, both coming off of two year lows, the median selling price now is hovering around $283,000.

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.

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Related posts:

  1. Northeast Seattle and Lake Forest Park real estate showing signs of life (37.5)
  2. Northeast Seattle Wa. Price and Inventory comparison to Lake Forest Park Wa.(31.6)
  3. Extremely Low Housing Inventory in Lake Forest Park (26.9)
  4. How’s The Luxury Market? Lake Forest Park vs. Northeast Seattle (25.3)
  5. Document Destruction Day 7.23.2011 in Lake Forest Park (21.3)
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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
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Washington King County Lake Forest Park
Tags:
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housing price trends
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Rainmaker
1,267,145
John Pusa
Sellstate Pacific Realty - Glendale, CA
Your All Time Realtor With Exceptional Service

Adrian - Thank you for sharing detailed quality information on Lake Forest Park home prices and inventory levels trending up.

May 03, 2012 05:52 PM #1
Rainmaker
1,012,370
Adrian Willanger
206 909-7536 TheHomeFunnel.com - Seattle, WA
Profit from my two decades of experience

John, Let's see if they can continue that upward trend going into summer. 

May 04, 2012 08:30 AM #2
Rainmaker
1,281,396
Wanda Kubat-Nerdin
Prado & Kramer Real Estate, St. George, UT 84770 - Saint George, UT
Your Preferred St. George Area Real Estate Agent.

Adrian, Your Lake Forest Park market is easily understood and I wish you much continued success as less days on market improves. Our area prices are climbing ever so slightly due to multiple offers on well-priced properties and our inventory is down as well.

May 05, 2012 08:34 AM #3
Rainmaker
1,012,370
Adrian Willanger
206 909-7536 TheHomeFunnel.com - Seattle, WA
Profit from my two decades of experience

Hi Wanda, Glad to hear your market is alive and well! Keep up the good work.

May 06, 2012 07:36 AM #4
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Rainmaker
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Adrian Willanger

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