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As of June 15, 2007 there were 3346 homes in the neighborhood of Lake City. The real estate market history of the Lake City neighborhood is as follows:
Lake City Homes – Property Characteristics
• The average year built for a Lake City home is 1954
• The average size of a Lake City home is 1,977 square feet
• The average number of bedrooms is 3
• The average number of bathrooms is 2
• 2439 Lake City Seattle homes are 1 story
• 388 Lake City Seattle homes are 1.5 stories
• 469 Lake City Seattle homes are 2 stories
• 30 Lake City Seattle homes are 2.5 stories or taller
• 1976 homes have basements
• 1027 homes have garages |
Lake City Homes – Ownership Statistics
• The average length of ownership of a home is 8.4 years
• 1163 homes have been owned between 0 and 5 years
• 671 homes have been owned between 5 and 10 years
• 966 homes have been owned for 10 years or more
• 2658 Lake City Seattle homes are owner occupied
• 688 Lake City Seattle homes are non owner occupied
• The average property taxes for a Lake City home are $3,456 |
2007
• 57 Lake City Seattle homes sold | 2% of total market
• $247 price per square foot
• $260,000 lowest selling price
• $480,565 average selling price
• $1,000,000 highest selling price |
2006
• 193 Lake City Seattle homes sold | 6% of total market
• $252 price per square foot
• $190,000 lowest selling price
• $448,309 average selling price
• $1,550,000 highest selling price |
2005
• 164 Lake City Seattle homes sold | 5% of total market
• $233 price per square foot
• $160,000 lowest selling price
• $425,314 average selling price
• $1,600,000 highest selling price |
2004
• 191 Lake City Seattle homes sold | 6% of total market
• $187 price per square foot
• $160,000 lowest selling price
• $352,324 average selling price
• $1,395,000 highest selling price |
2003
• 131 Lake City Seattle homes sold | 4% of total market
• $168 price per square foot
• $170,000 lowest selling price
• $314,383 average selling price
• $1,075,000 highest selling price |
2002
• 102 Lake City Seattle homes sold | 3% of total market
• $163 price per square foot
• $155,000 lowest selling price
• $320,279 average selling price
• $1,395,000 highest selling price |
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