Mountlake Terrace, WA
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
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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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