Roosevelt-Ravenna-Maple Leaf’s real estate market remains smooth
This week: The median list price in Seattle’s Roosevelt-Ravenna neighborhood is $645,000 is up from last week’s $680,000. The Market Action Index (MAI see below chart) has been trending down lately, while inventory is climbing. These trends imply a weakiening market.
Supply and Demand The Roosevelt-Ravenna-Maple Leaf area in the last few weeks has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficeintly low to keep us in the Seller's zone and prices have recently resumed upward pressure. … (1 comments)
housing forecast: Lake Forest Park real estate prices trending slightly lower
- 09/25/12 03:45 AM
Lake Forest real estate market update Lake Forest Park prices in September are trending down slightly while inventory levels remain steady. Average home for sale in Lake Forest Park stays on the market 119 days, has declined sufficiently from a year ago September (2011), when the average days on the market for a listing reached 142 days. Active listings in September (2012) reached their lowest level since September 2010 and have been trending downward since mid-January (2012). The City of Lake Forest Park is located just north of Seattle, it’s occupies the northwest corner of Lake Washington. Lake Forest Park is anchored … (0 comments)
This Week Inventory has been lightening lately and the Market Action Index has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market. Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the Market Action Index before we see prices significantly move from these levels. The properties have been on the market for an average of 118 days. Half … (0 comments)
housing forecast: Lake Forest Park prices sidle up as inventory levels shrink
- 07/24/12 09:46 AM
Lake Forest Park prices sidle up as inventory levels shrink Home selling prices in the Lake Forest Park, Sheridan Beach and Shoreline communities hit a three year price bottom in February 2012; Since, selling prices have continued to trend upward into mid- July. Housing inventory levels also bottomed out in February 2012 and have gradually trended upward until the second week of July where the sold listings were not being replaced with new inventory. Currently there are about 90 properties for sale in the Lake Forest Park, Sheridan and Shoreline area ranging from a condo for $67,000, a five unit condominium site for $275kto … (0 comments)
housing forecast: Lake Forest Park showing improving housing trends
- 07/13/12 12:08 AM
Lake Forest Park showing improving housing trends July’s housing number are continuing to improve for Lake Forest Park. The inventory of available homes for sale in the Lake Forest Park shows the fastest moving segment is houses priced from $298,000-400,000, homes in this range have an average market time of 68 days. Yearly inventory levels peaked in mid-June and are on the decline while prices have come off the bottom in March and have continued to trend upward.
The City of Lake Forest Park is located just north of Seattle, it’s occupies the northwest corner of Lake Washington. Lake Forest Park is anchored … (0 comments)
16 Homes sold in Lake Forest Park for an average selling price of $414,960 The average original list price of homes in Lake Forest Park was $427,068 The price range of properties sold in Lake Forest Park went from a low of $240k to $865,000. The average time on market was 85 days. 13 homes went pending in May Current homes for sale in Lake Forest Park Sign up to have FREE WEEKLY UPDATES on the latest Greater Seattle real estate market activity e-mailed to you weekly. Related posts: Lake Forest Park … (1 comments)
Housing inventories in Lake Forest Park have been trending upward since late February of 2012; while the average days on market has continued to decrease since the high-water mark in February 2102, falling from 157 day average to a 117 day average into the first week of May 2012. Inventory levels and selling prices both starting trending upward towards the end of February 2012, both coming off of two year lows, the median selling price now is hovering around $283,000. Lake Forest Park The City of Lake Forest … (4 comments)
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