Home sales in Shoreline during May 2023
Saturday, June 17, 2023
Home sales in Lake Forest Park during May 2023
Friday, June 16, 2023
The following are properties that sold in Lake Forest Park during the month of May 2023. Data compiled for the Shoreline Area News by the Shoreline Windermere office.
Home sales in Shoreline during the month of April 2023 includes a home in Innis Arden that sold for $4.5 million
Monday, May 8, 2023
The following are properties that sold in Shoreline during the month of April 2023. Data compiled for the Shoreline Area News by the Shoreline Windermere office.
Home sales in Lake Forest Park during the month of April 2023
The following are properties that sold in Lake Forest Park during the month of April 2023. Data compiled for the Shoreline Area News by the Shoreline Windermere office.
Home Sales in Shoreline during the month of March 2023
Tuesday, April 11, 2023
Home Sales in Lake Forest Park during March 2023
Sunday, April 9, 2023
Shoreline Real Estate Market - 2022 Year in Review
Sunday, January 8, 2023
2022 was a story of two different markets. The year started with the January statistics reflecting the effects of frigid weather, coronavirus surge and depleted inventory – only 19 sales with the median price of $875,100.
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| Data courtesy Windermere Real Estate via MLS |
The second half of the year brought rising interest rates, increased inventory and a corresponding softening of prices. We finished the year with December posting only 21 sales at a $715,000 median price compared to December 2021 with 47 sales and a $780,000 median price.
The MLS statistics show 1.9 months of inventory at the end of December, well below what is considered a balanced market with 4-6 months of supply.
Matthew Gardner, the Windermere chief economist, expects sale prices will continue to decline through the first half of 2023 but, with mortgage rates expected to slowly fall from current levels, they should start increasing again in the second half of the year with a more normalized pace of appreciation based on historical averages.
--Lella Norberg is a Shoreline resident and a Managing Broker with Windermere Real Estate Shoreline. She can be reached at lnorberg@windermere.com
Home sales in Shoreline during October 2022
Sunday, November 13, 2022
Home sales in Lake Forest Park during October 2022
Saturday, November 12, 2022
The following are properties that sold in Lake Forest Park during the month of October 2022. Data compiled for the Shoreline Area News by the Shoreline Windermere office.
Assessor's Transparency Tool allows property owners to see exactly what they would pay under County and Shoreline Prop 1 tax increases
Saturday, October 22, 2022
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| King county Assessor John Wilson |
“Taxpayers have a right to know where their money is going, and what each proposed property tax levy will cost them,” said Wilson. “Property taxes keep going up. We need to make sure the public understands why.”
Measures on the November Ballot:
- COUNTYWIDE: King County Prop 1: Renewal of Conservation Futures Levy
- City of Shoreline Prop 1: Maintenance and operations levy for public safety and community services
The tool can be found at http://localscape.spatialest.com/#kingcountyassessor/Tax.
The Transparency Tool only shows the impact of property tax measures. Other ballot measures, including sales tax measures or benefit charges, are not included.
The Tax Transparency Tool was introduced by Assessor Wilson and first used during the April special election in 2018.
The Tax Transparency Tool was developed for the King County Assessor by Spatialest Inc, a unique enterprise software company focusing on Location, Value and Technology.
The site will show you how much of your property tax goes to each of the agencies listed to the left.
Home sales in Shoreline during September 2022
Tuesday, October 11, 2022
Home sales in Lake Forest Park during September 2022
Monday, October 10, 2022
The following are properties that sold in Lake Forest Park during the month of September 2022. Data compiled for the Shoreline Area News by the Shoreline Windermere office.
Home sales in Shoreline during August 2022
Monday, September 12, 2022
Home sales in Lake Forest Park during August 2022
Sunday, September 11, 2022
Property values rose in Shoreline for 2022
Friday, August 12, 2022
Data indicates that home sale prices and overall home values have risen sharply in most King County neighborhoods and have dramatically spiked in northeast King County.
“Housing inventory for sale remains low, while demand remains very high,” said Assessor John Wilson.
“The resulting increase in home values is inevitable in this type of market, and that trend is particularly strong on the eastside.
"While voter approved special levies typically have more impact on property tax increase than do increases in home values, these value increases are so dramatic they may result in noticeable increases in property taxes in eastside communities.”
The total amount of property tax collected is derived from the budgets passed by state, county, and local governments, and by locally approved levies. The value of each property determines proportionally how much each taxpayer will pay of that total amount. When values rise dramatically in some areas, but not all, it can result in a shift, causing some taxpayers to pay more than others.
Each year, County Assessors set values on every commercial and residential property value in the state. These values – set effective as of January 1 by state law – are then applied to the next year’s tax bill. Property values are being set as of January 1, 2022, for taxes due in 2023.
Home sales in Shoreline during July 2022
Home sales in Lake Forest Park during July 2022
Thursday, August 11, 2022
Home sales in Shoreline during June 2022
Friday, July 8, 2022
The following are properties that sold in Shoreline during the month of June 2022. Data compiled for the Shoreline Area News by the Shoreline Windermere office.
We are starting to see a more balanced market with price appreciation slowing year-over-year and even slightly declining month-over-month, but overall prices continue their upward trend. We are still in a strong seller's market where homes, on average, are selling in less than two weeks and inventory is still at less than one month of supply.
Home sales in Lake Forest Park June 2022
Thursday, July 7, 2022
The following are properties that sold in Lake Forest Park during the month of June 2022. Data compiled for the Shoreline Area News by the Shoreline Windermere office.
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