Q2 2017 REVIEW
Q2, typically the second most active quarter of the year for waterfront—behind Q3—saw an expected seasonal uptick in sales on par for region. While those properties with coveted topography, easy access, prime waterfront, and turn-key condition captured the interest of more buyers, several rehab/rebuild sales transpired in Q2 as well.
The highest waterfront sale in the Seattle-Eastside region ($8.9 M) was a stunning 2016-built home on Medina’s Evergreen Point Road with 112 feet along the water’s edge.
The lowest sale ($1.3 M) was a small 1942-built Lake Sammamish home with 50 feet on the west side of the lake.
Forty-one private waterfront sales transacted in the Seattle-Eastside region in Q2. That’s an impressive number given there were an average of 84 private waterfront homes for sale at any time during the second quarter of 2017.
Check out the full Waterfront Report for a complete list of waterfront home sales by address and community.
© Copyright 2017, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.