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As of June 14, 2007 there were 549 condos in the neighborhood of Lake City. The real estate market history of the Lake City neighborhood is as follows:
Lake City Condos – Property Characteristics
• The average year a Lake City condo was built is 1981
• The average size of a Lake City Seattle condo is 1,134
• The average number of bedrooms is 2
• The average number of bathrooms is 2 |
Lake City Condos – Ownership Statistics
• The average length of ownership is 6.4 years
• 268 condos have been owned between 0 and 5 years
• 115 condos have been owned between 5 and 10 years
• 108 condos have been owned for more than 10 years
• 172 Lake City Seattle condos are owner occupied
• 377 Lake City Seattle condos are non owner occupied
• The average property taxes for a Lake City condo are $1,518 |
2007
• 22 Lake City Seattle condos sold | 4% of total market
• $230 price per square foot
• $85,000 lowest selling price
• $243,900 average selling price
• $321,000 highest selling price |
2006
• 48 Lake City Seattle condos sold | 9% of total market
• $213 price per square foot
• $117,000 lowest selling price
• $243,696 average selling price
• $416,000 highest selling price |
2005
• 82 Lake City Seattle condos sold | 15% of total market
• $213 price per square foot
• $65,000 lowest selling price
• $201,546 average selling price
• $332,000 highest selling price |
2004
• 30 Lake City Seattle condos sold | 5% of total market
• $157 price per square foot
• $81,000 lowest selling price
• $177,510 average selling price
• $243,000 highest selling price |
2003
• 23 Lake City Seattle condos sold | 4% of total market
• $143 price per square foot
• $92,000 lowest selling price
• $161,352 average selling price
• $222,500 highest selling price |
2002
• 16 Lake City Seattle condos sold | 3% of total market
• $149 price per square foot
• $65,000 lowest selling price
• $161,750 average selling price
• $238,000 highest selling price |
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