Strong real estate market conditions for the Juanita-Holmes Point neighborhoods
This Week
The median list price this week for the Kirkland-Juanita area is $624,900 is unchanged from last week’s $624,900. Inventory has been decreasing lately but the Market Action Index (see MAI chart below) is falling also. With days-on-market climbing, these are relatively negative implications for the market.
Supply and Demand
The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.
Price
The market for the Holmes Point area continues its bounce again this week. We’re a king way from the market’s high point so watch the Market Action Index to predict how long this trend will last.
This Juanita real estate update is brought to you you by Adrian Willanger of Coldwell Banker Danforth. If you are considering selling your home I would be happy to assist you. Give me a call for a free market evaluation of your home’s value. I can be reached at 206 909-7536 or by email atAdrian@adrianwillanger.com
Related posts:
- Median List prices up in the Juanita-Holmes Point neighborhoods
- Demand for Juanita-Holmes Point’s real estate increasing could change pricing
- Low real estate inventory in the Juanita-Holmes Point areas
- Juanita-Holmes Point’s real estate inventory lightening demand heating
- Juanita-Holmes Point’s real estate inventory and days-on-market increasing
Comments(0)