What's happening with area real estate

By Nan Skinner

There are currently 145 residential properties (stand-alone houses) for sale in Shoreline and Lake Forest Park/Kenmore. These homes range in price from $242,000 to $5,450,000. 

There are currently 29 condominiums for sale in Shoreline and Lake Forest Park/Kenmore. These condos range in price from $128,000 to $573,000. Most of these homes have been on the market (for sale) for more than 30 days.

A little less than half of these homes have reduced prices by a significant amount ($10,000 or more), since they came on the market. In the last 60 days, 10 condos and 177 residential properties have been sold. The average sale price was $386,778 and the median sale price was $374,950. The properties were on the market an average of 35 days. Asking price to selling price ratio was 99.76%.

~~

Nan Skinner is a real estate broker who lives in Shoreline and works for Keller Williams Real Estate.