How much do homes in Mountlake Terrace, WA cost?

Median List Price

$575,000

Based on all homes listed in the last 12 months.

Difference Since September 2020

+$80,733(+16.3%)

Key Takeaway

The list price of homes in Mountlake Terrace has increased by 16.3% since last year.

Housing Market Conditions

Sign Up For Free to View Housing Market Conditions

Key Takeaway

Unlock the Full Report

Get access to the MLS sold listings data for a full picture of the Mountlake Terrace, WA market.

Median List Price By Bedroom Count

# BEDSSep 2020Sep 2021%
1 $235K$265K+12.8%
2 $364.9K$399K+9.3%
3 $485K$589.4K+21.5%
4 $579K$649.5K+12.2%
5+ $675K$829.9K+23.0%

Median List Price Compared To Nearby Cities

Mountlake Terrace
+16.3%
Brier
+15.4%
Lake Forest Park
+13.4%
Edmonds
+12.9%
Shoreline
+11.0%

How many homes are available in Mountlake Terrace, WA?

Number of Homes For Sale

Aug 2021Sep 2021%
121101-16.5%

Homes For Sale By Bedroom Count

# BEDSAug 2021Sep 2021%
1 34+33.3%
2 2223+4.5%
3 6143-29.5%
4 1915-21.1%
5+ 16160.0%

Asking Price vs. Sold Price

Sign Up For Free to View Asking Price vs. Sold Price

Key Takeaway

Unlock the Full Report

Get access to the MLS sold listings data for a full picture of the Mountlake Terrace, WA market.

Average Listing Age

Sep 2020Sep 2021%
52 Days73 Days+41.4%

Breakdown of Home Sale Times

Sign Up For Free to View Breakdown of Home Sale Times

Key Takeaway

Unlock the Full Report

Get access to the MLS sold listings data for a full picture of the Mountlake Terrace, WA market.

About Mountlake Terrace, WA

Homes for sale in Mountlake Terrace, WA have reached 101. Between August 2021 and September 2021, Mountlake Terrace, WA real estate market has seen decrease in the number of listings by 16.5%. In September 2021, listings were on the market for 73 days. During the same period, the median list price in this real estate market was $575,000. This housing market listing prices have changed between August 2021 and September 2021: prices of 1 bedroom properties increased by 12.8%, prices of 2 bedrooms properties increased by 9.3%, 3 bedrooms properties prices increased by 21.5%, 4 bedrooms properties became 12.2% more expensive, 5 bedrooms properties prices increased by 23%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory increased by 33.3%, 2 bedrooms homes inventory increased by 4.5%, the quantity of 3 bedrooms homes went down by 29.5%, 4 bedrooms homes inventory decreased by 21.1%, the quantity of 5 bedrooms homes have not changed. In September 2021, from all listings sold in Mountlake Terrace, WA there were more than 27 sold above asking price, over 5 sold below and more than 11 were sold right at the asked price.

Related Neighborhood Trend Reports