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February 8, 2023 — Mountlake Terrace real estate market at a glance:

  • 7 houses, 1 condo and 0 parcels are for sale in Mountlake Terrace today.
  • $898,000 is the median asking price for a single family home for sale.
  • 1,936 SQFT is the median size of a single family home for sale.
  • $464/SQFT is the median asking price per square foot for a single family home for sale.
  • 3 new homes in Mountlake Terrace are for sale today.
  • There are 0.44 months of residential housing supply. This indicates a severe seller's market with upward pressure on pricing.
    Calculation: 8 houses and condos for sale divided by 18.3 sales per month which is the trailing six month average.

Homes for Sale in Mountlake Terrace, WA

All (7)
For Sale 4 Days Online
$459,950 3 Beds 1 Baths 1,075 SQFT
Incredible investment opportunity in a good LOCATION! With a great layout and good bo...  Details »
NWMLS #2032593. Kenneth Patton, COMPASS
For Sale 4 Days Online
$898,000 4 Beds 2.25 Baths 2,574 SQFT
Welcome home to a rare slice of Mountlake Terrace paradise. Sitting on just under a h...  Details »
NWMLS #2032414. Katie Grindon, KG Realty
Velorum
Landsverk Quality Homes, Inc
For Sale 7 Days Online
$1,019,950 4 Beds 2.25 Baths 2,162 SQFT
Velorum is a gorgeous new community of cottage-style homes in Mountlake Terrace, feat...  Details »
NWMLS #2032214. Joe Mustach, Windermere Real Estate M2 LLC
For Sale 153 Days Online
$575,000 3 Beds 1.75 Baths 1,029 SQFT
This 1029 sq ft 3 bedroom 1.75 bath home offers the space you need to relax at home...  Details »
NWMLS #2027044. Shannon Brooks, North Pacific Properties
Velorum
Landsverk Quality Homes, Inc
For Sale 7 Days Online
$1,019,950 4 Beds 2.25 Baths 2,162 SQFT
Velorum is a gorgeous new community of cottage-style homes in Mountlake Terrace, feat...  Details »
NWMLS #2032214. Joe Mustach, Windermere Real Estate M2 LLC
Lake Ballinger View...
For Sale 67 Days Online
$1,549,950 5 Beds 3 Baths 3,315 SQFT
Master-piece custom-built spectular 3,315 SqFt,5 bedrooms,3 baths,9,583 Sq Ft Lot w/L...  Details »
NWMLS #2015064. Basiru Kanyi, CENTURY 21 Real Estate Center
Velorum
Landsverk Quality Homes, Inc
For Sale 124 Days Online
$899,950 4 Beds 2.25 Baths 1,936 SQFT
Velorum is a gorgeous new community of cottage-style homes in Mountlake Terrace, feat...  Details »
NWMLS #2004330. Joe Mustach, Windermere Real Estate M2 LLC
Today's Market at a Glance
February 8, 2023
Active
7 Houses 1 Condo 0 Parcels
For Sale Stats
$898,000
1,936 sqft
$464/sqft
Median values from the 7 single family homes for sale in Mountlake Terrace WA.
Closing Stats
$638,500
1,656 sqft
$386/sqft
Median values for the 82 single family Mountlake Terrace homes closed in the last 6 months.
Plus
3
New Homes
38% of the residential market
0.44
Months of Supply
This indicates a severe seller's market with upward pressure on pricing.
  • Homes closed January 2023: 13 28% from January 2022 (18).
  • $638,500 was the median sale price of single family houses closed in the last 6 months.
  • 1,656 SQFT was the median size of single family houses closed in the last 6 months.
  • $386/SQFT was the median price per square foot for single family homes closed in the last 6 months.
    Closed house price and size is computed by median 82 single family Mountlake Terrace homes closed in the last six months.
  • 13 residential closings have occurred in the last thirty days.
    Houses (11) · Condos (2)

Mountlake Terrace, WA Real Estate Agent

Have specific questions and want help from an friendly area expect? Contact Shawn today!

Windermere Real Estate / North...

I'm interested in seeing and potentially buying in Mountlake Terrace, now what?

It's time to talk to a real estate agent about the properties you're most interested in. We recommend you contact Shawn Perry, the Landcast team member covering Mountlake Terrace, WA.

Are there more homes for sale in Mountlake Terrace than shown on this page?

All MLS listed homes for sale in Mountlake Terrace, WA are on Wicklund Real Estate.

We sometimes know of off-market homes or new homes being built by home builders that aren't currently listed, to help find these unlisted homes for sale in Mountlake Terrace, we recommend you contact Shawn Perry.

Where does Wicklund Real Estate get information about Mountlake Terrace?

Information about the listed homes for sale in Mountlake Terrace generally comes from the MLS. Information about neighborhoods in Mountlake Terrace, condos in Mountlake Terrace, and new homes in Mountlake Terrace, comes from the MLS, our research staff, public data, area home builders and from contributions from our users.