Mountlake Terrace home prices drop by more than 9 percent in February

mltnews

Home prices in Mountlake Terrace showed a 9.4 percent drop in February compared to this time last year.

Sales were down 33.3 percent from last year with 10 homes sold, according to Redfin, a national real estate brokerage company.

The number of new listings rose 60 percent from a year ago, with 24 homes coming on the market in February.

The median price for all homes was $247,750 and homes spent a median 15 days on the market.

Data is from February only and reflect an unvarnished, timely snapshot of the market.

Leave a Reply

Your email address will not be published. Required fields are marked *

Real first and last names — as well as city of residence — are required for all commenters.
This is so we can verify your identity before approving your comment.

By commenting here you agree to abide by our Code of Conduct. Please read our code at the bottom of this page before commenting.