Feb Market Report for the Pine Lake Area, Sammamish, WA

Here are the Febuary 2008 numbers for the Pine Lake Area of Sammamish, WA. It looks as though there we only 4 sales out of 43 homes currently listed. That's a 10 months worth of inventory. That should however diminish in the coming seasonal months.

• The average price per square foot of the homes sold in the area was 226 The low was 211 and the high was 237.
• The average days on market was 83 with a low of 11 and a high of 180 days.
• There are 2 additional properties that are "pending." Meaning they are in contract and scheduled to close, jut they didn't close in Feb.
• The homes sold ranged from 610,000 to 949,990

With the ease of access on and off the Plateau, this area will continue to be a disirable place to live. Sales should pick up as we head into the spring months. If you are a buyer for this area take a look at the Crossings at Pine Lake there are some great homes by John F. Buchcan & Lozier