Condo sales in the Green Lake neighborhood of Seattle have been slower than single family home sales during the first half of 2009. Days on Market has averaged 61 days so far, a significant margin above houses. Median prices for the first half of the year stand at $215,000 for a typical 2 bedroom, 1 bath condo.
Much of the longer time on the market may be attributed to pre-sale, under construction projects. Many of these condos will go on the market well before completion and artificially inflate the marketing time by including presale time. Even still, for such a well-known and valued neighborhood, condos seem particularly affordable at the moment in Green Lake.
Green Lake, Seattle Condos For Sale
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