Duvall’s real estate median list price continues upward trend
The median list price in Duvall, WA this week is $399,950, up slightly from last week’s $379,950. With inventory trending down and the Market Action Index (MAI see chart below) essentially flat recently, conditions do not seem to have strong up or down pull.
Supply and Demand
Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer’s market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile, if the market cools off further, the price trends is likely to reverse.
Price
Duvall Prices continue their climb again this week for the third week in a row. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.
Duvall currently has a 19 homes for sale , down from last weeks 23, starting at $179,950 for a fixer cottage on 6+ acres to $1,250,000 20 acre custom home.
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What’s my Duvall home worth?
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