Mountlake Terrace, WA Real Estate Market Summary – September 8, 2026

In Mountlake Terrace, WA, there were 13 homes sold in the last 30 days, averaging a pace of one home every 2.31 days. The average living area of these homes was approximately 1,715 square feet, and the average sale price stood at $665,000.

Metric 30 Days
Number Sold 13
Sold Per Day 1 every 2.31 days
Average SQFT 1715
Median Sales Price $655,000
Average Sales Price $665,000
Average Price Per SQFT $413
Average Days on Market 19
Average Year Built 1974

 

Mountlake Terrace, WA Single Family Home Analysis

For single-family homes, 9 properties were sold, with an average sale price of $728,889. These homes had an average living area of about 1,800 square feet, and they spent an average of 20 days on the market before being sold.

Metric 30 Days
Number Sold 9
Sold Per Day 1 every 3.33 days
Average SQFT 1800
Median Sales Price $690,000
Average Sales Price $728,889
Average Price Per SQFT $448
Average Days on Market 20
Average Year Built 1963

 

Mountlake Terrace, WA Condo & Townhome Analysis

In the condo and townhome segment, 4 units were sold, typically priced around $521,250. The average living area for these units was approximately 1,524 square feet, and they remained on the market for an average of 16 days.

Metric 30 Days
Number Sold 4
Sold Per Day 1 every 7.50 days
Average SQFT 1524
Median Sales Price $525,000
Average Sales Price $521,250
Average Price Per SQFT $333
Average Days on Market 16
Average Year Built 1999

 

Buyer & Seller Analysis

  • The average days on market for all homes was 19 days.
  • Single-family homes averaged 20 days on the market.
  • Condo and townhome properties averaged 16 days on the market.
  • Pricing information is based on closed transactions in the last 30 days.

Conclusion

The market in Mountlake Terrace shows a consistent pace with homes averaging around 19 days on the market. Overall, the statistics present a clear picture of recent activity in the residential real estate market in this area.

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