Mountlake Terrace, WA

Seller's market-14.4% YoY

Housing market overview · Updated weekly

$599,000median sale price

Homes sold

17

Last 12 weeks

Days on market

36

Average pace

Active listings

20

1.2 months supply

Sale-to-list

100.0%

Below asking

The Mountlake Terrace housing market is currently classified as a seller's market with a median sale price of $599,000. Prices have fallen 14.4% compared to last year, with homes spending an average of 36 days on market, indicating 1.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Mountlake Terrace

There are currently 20 homes listed for sale in Mountlake Terrace, Washington. The median listing price is $668K.

Active listings

20

Homes on market

Median list price

$668K

Avg. days on market

36

Days until sale

New this week

24

Newly listed

Price drops:15.0%of listings
Sale-to-list:100.0%

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Frequently asked questions

What is the average home price in Mountlake Terrace?

The median home sale price in Mountlake Terrace is $599,000, down 14.4% from last year.

How long do homes stay on market in Mountlake Terrace?

Homes typically spend 36 days on market before going under contract.

Is Mountlake Terrace a buyer's or seller's market?

With 1.2 months of supply, Mountlake Terrace is currently a seller's market.

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