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Real estate prices up in the Juanita-Holmes Point neighborhoods, days-on-market starting to climb

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

kirkland market update                                                                                

Real estate prices up in the  Juanita-Holmes Point neighborhoods, days-on-market starting to climb

 

This Week

The median list price this week for the Kirkland-Juanita area is $797,450 is up from last week’s $679,000. 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 continues to get hotter.  More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices.  Current supply and demand levels show no sign of prices changing from their current trend. 

 

Price

Price trends in the Holmes Point area continued their recent uptrend this week.  While still below the market’s high point, we’re seen a nice run recently. 

 

 

New home search in SeattleThis 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

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