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In the friendly area of Mountlake Terrace you’ll be in good company with around 22,222 residents with around 61% of those homeowners. With an average age of 37, the residents of Mountlake Terrace are well established, made up of families of all age groups. Though fairly kicked back throughout the week, during weekends and holidays, you can see a lot more activity and excitement. Over the recent months roughly 120 homes have been sold with an average sold price of $707,579. That is an increase of $99,289 from the previous period.