Did prices drop less in Greenlake than the Seattle average?

Anything and everything relating to Seattle-area real estate.

Moderators: synthetik, The Tim, Lake Hills Renter

Did prices drop less in Greenlake than the Seattle average?

Postby seabuyer » Mon Jun 20, 2011 2:11 pm

I've been looking at houses for quite some time now and whenever an interesting listing appears in Greenlake it never seems to be close to the 30% off peak average in Seattle.

Is Greenlake "special"? Are homes losing less value in that neighborhood?
seabuyer
Bubble Watcher
 
Posts: 4
Joined: Sun Jan 17, 2010 6:21 pm

Re: Did prices drop less in Greenlake than the Seattle average?

Postby ira s » Tue Jun 21, 2011 10:41 am

Absolutely, prices in Greenlake have dropped less than the county average since the 2007 peak. There are a few Seattle neighborhoods that have held their own better than others. They include Greenlake, Phinney, Ravenna, Wallingford, Queen Anne. They've all dropped, but nowhere near the 30%+ that other areas have.
ira s
Bubble Bloviator
 
Posts: 330
Joined: Mon Jan 28, 2008 10:05 am
Location: Seattle, WA


Return to Seattle Real Estate

Who is online

Users browsing this forum: Bing [Bot] and 4 guests

cron