Green Lake real estate has slowed more so this month than the rest of the year despite record low interest rates. As of today according to the stats I pulled out of the NWMLS, there have been a total of 9 residential sales (houses and townhouses) in Green Lake for the month of December. Now many agents write contracts to close at the end of the month so I will check back and see what the coming days bring in sales.
The slower movement in Green Lake is not surprising to me based on holiday shopping and the horrid weather we have been having. The slush alone is difficult to get around in - never mind the ice and snow of last week. The back up data on the nine closed houses in Green Lake is as follows: Average days on market for these closed sales are 83 days with a low of 33 days and a high of 234 days. Low price in Green Lake is $340,000 and high price is $1,150,000 with an average of $507,889 and a median of $427,000. The over one million dollar house is the one that took the 234 days, by the way. 
It isn't all slow news - yes, only nine houses closed, but there are another 15 houses which were marked as Pending since the beginning of the month. Pending means that there are contracts on these houses and they are waiting to close. Hopefully with the current lending environment a good portion of these will still close successfully. My advice as of late to clients is if you have a loan, DO NOT drag your feet. Close it! You might be pre approved one day and the programs shuts down or changes the next.
There are 91 Active listings in Green Lake! If you want to take advantage of the lower interest rates, check out the MLS listings for these houses here:
The price ranges right now for the houses available for sale in Green Lake start at $247,950 and go all the way to $1,199,995 with the median price of the houses available at $499,000. There are currently 47 properties in Green Lake available for under $500,000!
Cooper Jacobs Real Estate Services..Seattle real estate - serving Seattle and Seattle suburbs real estate Including Green Lake (Greenlake real estate)
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