According to the data crunchers at online real estate brokerage Redfin, the Green Lake real estate market is “warm.”
Redfin’s Daniel Petkevich sent us this heat map, which displays how active the local real estate market is by zip code. “You can look at the map to get a general feel for how a neighborhood is doing and click on a zip code to get specific numbers for it,” Daniel says. “I think it’s a great way to people to quickly understand their local housing markets. It’s colorful, interactive, and instantly understandable.”
Daniels explains that an “even” market with six months of inventory and 5% annual price growth is displayed as being 75 degrees. Changes in either of those two numbers bring the temperature up or down.
The heat map is below. You can use the navigation tools to zoom in to Green Lake or zoom out to see the whole region:
Curious about how much Green Lake homes are being listed for? According to Redfin’s Seattle Market Report for June 2011 (.xls), there were 18 Green Lake homes on the market last month and they had a median list price of $662,000.
Thanks, Daniel!
