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Haller Lake’s real estate inventory and days-0n-market climbing

By
Managing Real Estate Broker with 206 909-7536 AdrianWillanger-broker.com 17900

   Haller Lake’s real estate inventory and days-0n-market climbing

This week:  The Haller Lake real estate median list price this week is $381,950 is down from last week’s $389,000.  The Market Action Index (see below MAI chart) has been trending down lately, while inventory and days-on-market are climbing.  The trends imply a weakening market. 

The Haller Lake real estate market has started cooling and prices have recently plateaued.  Since we’re in the Seller’s zone, watch for changes in the MAI.  If the MAI resumes it’s climb, prices will likely follow suit.  If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Price

While the median price in the Haller Lake area hasn’t moved much in the last few weeks, we are relatively close to the market’s high water mark.  Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

For a more accurate pricing on residential property a Competitive Market Analysis (CMA) needs to be done comparing your home with current properties that have sold recently in your neighborhood.  Haller Lake homes for sale, lifestyle search and real estate trends.

Is it a good time to sell your Haller Lake Home? Record  low inventory levels combined with current low interest rates are bring buyers out driving homes sales that are outpacing inventory.  Homeowners in the Haller Lake neighborhood  that have been thinking about selling this might be time to pull the trigger.   Receive a custom evaluation for your home, including comparisons to other homes that have recently sold or are on the market. This guarantees you receive the most accurate information available. To find out what your home is worth, fill out the my online form and receive complementary  market analysis .

 

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Adrian specializes in green home marketing utilizing traditional and social media marketing to create the widest exposure of your property.

Wayne Zuhl
Remax First Realty II - Cranford, NJ
The Last Name You'll Ever Need in Real Estate

Hi Adrian,

Thank you for the update on the market in Haller Lake. You clearly have your finger on the pulse of the market.

Jul 07, 2014 11:45 AM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Buyers and Sellers in the Haller Lake area, call Adrian and discover what the Real Estate market is really doing in the area...

Jul 07, 2014 08:14 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Adrian, you are the go-to Realtor in the Haller Lake area with the expertise buyers and seller would want!

Jul 07, 2014 10:49 PM
Roy Kelley
Retired - Gaithersburg, MD

Families on the move will appreciate your local market reports. Have a most productive summer!

Jul 07, 2014 11:03 PM