Lake Forest Park – Sheridan Beach’s real estate market times are increasing
This Week:
The median List prices for the Lake Forest Park/Sheridan Beach area is $469,975 down from last week’s $487,475. The Market Action Index (see below MAI chart) has been trending down lately, while days-on-market are climbing. The trends imply a weakening market.
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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……Get the full report.
Price
Though this week prices were flat, the market seems to show some signs of strength. Keep an eye on the Market Action Index to see if this short-term trend can establish itself over the coming months.
Is it the right time to sell your Lake Forest Park Sheridan Beach home?
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