NE Seattle’s real estate market is allot like kissing your sister

The median list price in northeast Seattle (zip code 98125) is $354,750  is unchanged from the  previous week’s  $354,750.   With inventory trending up but the days-on-market and The  Market Action Index (MAI see chart below) essentially flat recently, conditions do not seem to have strong up or down pull.    Check in  next week to see how the housing market in northeast Seattle  is shaping up.

Northeast Seattle closed out 2012 with an 18% increase in the number of home sales from 2011.  The average selling price increased from $350,894 in 2011 to $367,640 in 2012.  Sellers also received more of their list price in 2012 (99.07% average compared to 2011′s 97.5% average of their list-to-sale price).

Supply and demand

Inventory levels in  Northeast Seattle have been relatively consistent relative to sales.  Despite the fact that there is a relatively high amount of available  homes on the market, this Buyer’s market is still seeing prices move higher.  Given inventory levels, these price conditions are relatively fragile.  If the market cools off future, the price trend is likely to reverse.

Looking to buy or sell contact Adrian Willanger for a more detailed market analysis.

How does this affect prices? 

We continue to see relatively little price change from last week.  However, we continue  to demonstrate  a nice up trend in general over the last several weeks.

Broker’s note; “over the last several weeks we’ve seen homes come on the market in northeast Seattle and within a very short period of time receive multiple offers.” To stay updated sign up to have FREE WEEKLY UPDATES on the latest northeast Seattle real estate market activity e-mailed to you weekly. Is it the right time to sell your northeast Seattle home? Many homeowners are asking the same question, “has the value of our home increased to the point we can sell it?”  Fill out our form and find out for FREE.

Living in Northeast Seattle’s Victory Heights neighborhood

Living in Victory Heights

Located in Seattle ½ mile east of the Northgate Mall sits a small wooded community named Victory Heights. A nice combination of bungalows and wood tudors built between 1920 & 1940s . Residents of Victory Heights have a multitude of place to shop, from 100+ stores at Northgate Mall to big box discount stores and specialty stores just a short drive to University Village.

Victory Heights is very well connected with four arterial to choose form as well as being well service with public transportation.  close to shopping, I-5, University of Washington and 10 minutes to downtown Seattle.

Residents of Victory Heights love living in an area that is filled with walkers of all ages and surrounded by evergreen trees and just minutes to job and business centers  close to parks, schools, hospitals,restaurants , and a wide range of banks and credit unions to choose from with an overall walking score of 72.

Home prices in Victory Heights are coming off a 12 month low and have started a steady upward price tend since mid-May 2012. Current inventory of homes for sale in Victory Heights.

Related posts:

1. NE Seattle’s real estate market starting to display signs of cooling (22.7)
2. Northeast Seattle and Lake Forest Park real estate showing signs of life (20.6)
3. Real estate demand increases in Northeast Seattle (19.3)
4. Real estate demand increasing in Northeast Seattle (19)
5. Northeast Seattle’s real estate market shows signs of cooling (18.5)

 

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

 Northeast Seattle’s real estate market starting to display signs of cooling

The median list price in northeast Seattle (zip code 98125) is $354,750  is unchanged from the  previous week’s  $354,750.   The  Market Action Index (MAI see chart below) has been trending down lately, whild inventory and days-on-market are climbing.  The tends imply a weakening market.   Check in  next week to see how the housing market in northeast Seattle  is shaping up.

Northeast Seattle closed out 2012 with an 18% increase in the number of home sales from 2011.  The average selling price increased from $350,894 in 2011 to $367,640 in 2012.  Sellers also received more of their list price in 2012 (99.07% average compared to 2011′s 97.5% average of their list-to-sale price).

Supply and demand

The real estate market in Northeast Seattle has been cooling  over time and prices have recently flattened.  Despite the consistent decrease in the Market Action Index (MAI), we’re in a Seller’s market (where significant demand leaves little inventory available).   If the MAI begins to climb, prices will likely follow suit.  If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Looking to buy or sell contact Adrian Willanger for a more detailed market analysis.

How does this affect prices? 

We continue to see prices in  Northeast Seattle bouncing  around this plateau.  Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Broker’s note; “over the last several weeks we’ve seen homes come on the market in northeast Seattle and within a very short period of time receive multiple offers.” To stay updated sign up to have FREE WEEKLY UPDATES on the latest northeast Seattle real estate market activity e-mailed to you weekly. Is it the right time to sell your northeast Seattle home? Many homeowners are asking the same question, “has the value of our home increased to the point we can sell it?”  Fill out our form and find out for FREE.

Related posts:

1. Northeast Seattle’s real estate market shows signs of cooling (22.9)
2. Real estate demand increasing in Northeast Seattle (21)
3. Real estate demand increases in Northeast Seattle (20.1)
4. Northeast Seattle’s real estate market lacking direction (19.8)
5. Duvall’s real estate market showing small signs of cooling (19.6)

 

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

Real estate demand increasing in Northeast Seattle

The median list price in northeast Seattle (zip code 98125) is $354,750  is up from the  previous week’s  $349,970.   Demand measured by the Market Action Index (MAI see chart below)  is increasing and days-on-market is trending downward.  Even as more proprieties come on the market in Northeast Seattle , these are positive trends for the market.     Check in  next week to see how the housing market in northeast Seattle  is shaping up.

Northeast Seattle closed out 2012 with an 18% increase in the number of home sales from 2011.  The average selling price increased from $350,894 in 2011 to $367,640 in 2012.  Sellers also received more of their list price in 2012 (99.07% average compared to 2011′s 97.5% average of their list-to-sale price).

 Supply and demand

Home sale in Northeast Seattle continue to outstrip supply and the Market Action Index has been moving higher for several weeks.  This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Looking to buy or sell contact Adrian Willanger for a more detailed market analysis.

How does this affect prices? 

We continue to see prices in  Northeast Seattle hovering around these current levels, even though they bumped up a bit this week.  Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

Broker’s note; “over the last several weeks we’ve seen homes come on the market in northeast Seattle and within a very short period of time receive multiple offers.” To stay updated sign up to have FREE WEEKLY UPDATES on the latest northeast Seattle real estate market activity e-mailed to you weekly. Is it the right time to sell your northeast Seattle home? Many homeowners are asking the same question, “has the value of our home increased to the point we can sell it?”  Fill out our form and find out for FREE.

Related posts:

1. Demand is increasing for Northeast Seattle real estate (30.6)
2. Real estate demand increases in Northeast Seattle (29)
3. Northeast Seattle’s home listing prices slightly lower inventory is up (22.3)
4. Northeast Seattle’s real estate inventory continues to tighten (21.8)
5. Real estate demand increasing in Lake Forest Park/Sheridan Beach (21.6)

 

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

Median List prices in NE Seattle up slightly Northeast Seattle closed out 2012 with an 18% increase in the number of home sales from 2011.  The average selling price increased from $350,894 in 2011 to $367,640 in 2012.  Sellers also received more of their list price in 2012 (99.07% average compared to 2011′s 97.5% average of their list-to-sale price).

This Week- 4/21/2013 Northeast Seattle’s home listing prices slightly lower inventory is up 

The median list price in northeast Seattle (zip code 98125) is $349,970  is down from the  previous week’s  $349,990.   Inventory is up and the The  Market Action Index (MAI see chart below) has been trending down recently.  While days-on-market appears to be trending lower, the overall conditions are weakening a bit.    Check in  next week to see how the housing market in northeast Seattle  is shaping up.

Supply and demand

The Market Action Index has bee trending lower for several weeks while prices have remained relatively stable.  If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Looking to buy or sell contact Adrian Willanger for a more detailed market analysis.

How does this affect prices? 

We continue to see prices in  Northeast Seattle bouncing around this plateau.  Look for a persistent up-shift  in the Market Action Index before we see prices move from these levels.

Broker’s note; “over the last several weeks we’ve seen homes come on the market in northeast Seattle and within a very short period of time receive multiple offers.” To stay updated sign up to have FREE WEEKLY UPDATES on the latest northeast Seattle real estate market activity e-mailed to you weekly. Is it the right time to sell your northeast Seattle home? Many homeowners are asking the same question, “has the value of our home increased to the point we can sell it?”  Fill out our form and find out for FREE.

 

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

This Week- 4/13/2013 Northeast Seattle’s home listing prices dipping slightly this week

The median list price in northeast Seattle (zip code 98125) is $349,990  is down from the  previous week’s  $355,000.  The  Market Action Index (MAI see chart below) has been trending down lately, while    inventory is climbing.  These trends imply a weakening market.    Check in  next week to see how the housing market in northeast Seattle  is shaping up.

Supply and demand

The Market Action Index has bee trending lower for several weeks while prices have remained relatively stable.  If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Looking to buy or sell contact Adrian Willanger for a more detailed market analysis.

How does this affect prices? 

Recently prices in  Northeast Seattle have settled at a plateau even though they dipped this week.  Look for a persistent up-shift in the Market Action Index before we see prices significantly move form these levels.

Broker’s note; “over the last several weeks we’ve seen homes come on the market in northeast Seattle and within a very short period of time receive multiple offers.” To stay updated sign up to have FREE WEEKLY UPDATES on the latest northeast Seattle real estate market activity e-mailed to you weekly. Is it the right time to sell your northeast Seattle home? Many homeowners are asking the same question, “has the value of our home increased to the point we can sell it?”  Fill out our form and find out for FREE.

 

;

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

Median List prices in NE Seattle up slightly Northeast Seattle closed out 2012 with an 18% increase in the number of home sales from 2011.  The average selling price increased from $350,894 in 2011 to $367,640 in 2012.  Sellers also received more of their list price in 2012 (99.07% average compared to 2011′s 97.5% average of their list-to-sale price).

This Week- 4/8/2013 Home inventory in NE Seattle showing signs of increasing

The median list price in northeast Seattle (zip code 98125) is $355,000  is up  from the  previous week’s  $352,500 .  Demand measured by the  Market Action Index (MAI see chart below) is increasing and days-on-market is trending downward   Even as more properties come available, these are positive trends for the market.    Check in  next week to see how the housing market in northeast Seattle  is shaping up.

Supply and demand

The real estate market in Northeast Seattle 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.     Looking to buy or sell contact Adrian Willanger for a more detailed market analysis.

How does this affect prices? 

We continue to see relatively little price change in Northeast Seattle from last week.  However, we continue to demonstrate a nice up trend in general over the last several weeks.

Broker’s note; “over the last several weeks we’ve seen homes come on the market in northeast Seattle and within a very short period of time receive multiple offers.” To stay updated sign up to have FREE WEEKLY UPDATES on the latest northeast Seattle real estate market activity e-mailed to you weekly. Is it the right time to sell your northeast Seattle home? Many homeowners are asking the same question, “has the value of our home increased to the point we can sell it?”  Fill out our form and find out for FREE.

Related posts:

1. Demand is increasing for Northeast Seattle real estate (24.9)
2. Tightening real estate inventory in northeast Seattle (20.2)
3. Northeast Seattle's real estate inventory continues to tighten (19.8)
4. Northeast Seattle's real estate market lacking direction (19.8)
5. Northeast Seattle's real estate continues to favor Sellers (18.9)

 

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

Median List prices in NE Seattle up slightly 

Northeast Seattle closed out 2012 with an 18% increase in the number of home sales from 2011.  The average selling price increased from $350,894 in 2011 to $367,640 in 2012.  Sellers also received more of their list price in 2012 (99.07% average compared to 2011′s 97.5% average of their list-to-sale price). This Week The median list price in northeast Seattle (zip code 98125) is $352,500  is up  from the  previous week’s  $350,000 .  The Market Action Index (MAI see chart below) has been trending down lately, while inventory is climbing.  These trends imply a weakening market.   Check in  next week to see how the housing market in northeast Seattle  is shaping up.

Supply and demand The real estate market in Northeast Seattle has been cooling over time and prices have recently flattened.  Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where  significant demand leaves little inventory available).  If the MAI begins to climb, prices will likely follow suit.  If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.   Looking to buy or sell contact Adrian Willanger for a more detailed market analysis. 

How does this affect prices?  We continue to see prices in Northeast Seattle bouncing around this plateau.  Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.    Broker’s note; “over the last several weeks we’ve seen homes come on the market in northeast Seattle and within a very short period of time receive multiple offers.” To stay updated sign up to have FREE WEEKLY UPDATES on the latest northeast Seattle real estate market activity e-mailed to you weekly. Is it the right time to sell your northeast Seattle home? Many homeowners are asking the same question, “has the value of our home increased to the point we can sell it?”  Fill out our form and find out for FREE.

Related posts:

1. Median list price in NE Seattle up slightly (23.8)
2. Bothell's median list prices up slightly (21.9)
3. Duvall's median list prices slightly higher (21.3)
4. Duvall's median list prices up slightly (21)
5. Median list prices in NW Seattle up slightly (21)

 

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