Live At Lake Tapps

The Twenty on the Twentieth Report – March 2009

March 20, 2009

 

We are starting to see a little more action in terms of sales at the lake so hopefully it continues into the summer season.  I think people are starting to figure out that homes at Lake Tapps are great bargains and  it is only a matter of time before the market starts to turn for the better.  The house prices are exceptionally low for waterfront close to Seattle and we all know that smart investors buy “low” and sell “high”.  This is definitely the “low” and with the incredible deals on interest rates, one who dreams to live on the water should get in now before it is too late again.

Here are the residential waterfront real estate statistics for the last month at Lake Tapps:

Active Listings:   Under 1 Million$$ = 51     Over 1 Million$$ = 19

       Lowest Price = $439,000    Highest Price = $2,800,000

Pending Listings:   Under 1 Million$$ = 5    Over 1 Million $$ = none

Solds: 5           02/19/09  $800,000    4731 Lakeridge Dr E

                         03/04/09   $735,000   18118 17th St E

                         03/05/09   $495,000   20902 Church Lake Dr E

                         03/05/09   $900,000   20916 Snag Island Dr E

                         03/12/09   $969,000   5202 218th Ave E

For any other information please contact Karen Wallace with John L Scott Real Estate (206)910-8807.

Entry Filed under: News, Real Estate. Tags: front, homes, houses, investors, John L Scott, karen wallace, Lake Tapps, Real Estate, Seattle, solds, statistics, water, waterfront.