Why Live in Parkwood
Parkwood, located in Shoreline, is a neighborhood characterized by its shady, downhill residential streets and a mix of New Traditional, contemporary, and ranch-style homes with midcentury influences. Homes typically sit on lots averaging 7,000 square feet, with single-family houses ranging from 2,000 square feet and priced between $600,000 and $1.3 million. The area is seeing new development, including townhouses priced from $650,000 to $950,000. Parkwood features several parks, such as Twin Ponds Park with its community garden and turf soccer field, Bitter Lake Reservoir Park with outdoor gym equipment, and Ridgecrest Park, which includes an off-leash dog park and a unique playground. The neighborhood is surrounded by freshwater and saltwater beaches, with Lake Washington and the Puget Sound nearby. Aurora Avenue is a bustling commercial area with local eateries like Saltoro and Aurora Borealis, as well as several Korean and Japanese restaurants. For groceries, residents frequent Town & Country Market and Asian Family Market. Parkwood is car-dependent but well-served by public transportation, including the Sound Transit light rail and several bus systems, with easy access to Interstate 5. The Seattle-Tacoma International Airport is about 24 miles away. Schools in the area, including Parkwood Elementary School, Albert Einstein Middle School, and Shorewood High School, are highly rated and offer a range of programs and extracurricular activities.
Home Trends in Parkwood, WA
On average, homes in Parkwood, Shoreline sell after 35 days on the market compared to the national average of 70 days. The median sale price for homes in Parkwood, Shoreline over the last 12 months is $189,900, down 51% from the median home sale price over the previous 12 months.
Median Sale Price
$189,900
Median Single Family Sale Price
$389,900
Median Townhouse Sale Price
$353,640
Median 2 Bedroom Sale Price
$720,000
Average Price Per Sq Ft
$202
Number of Homes for Sale
8
Last 12 months Home Sales
31
Median List Price
$407,450
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-51%
