magnolia solds: Magnolia real estate demand and inventory both falling - 11/23/15 01:08 AM

  Magnolia real estate demand and inventory both falling 
This Week:
The median list price this week in Magnolia is $1,074,995 up from last week’s  list price of $999,972. The Market Action Index (see below MAI chart) has been trending down lately, indicating demand falling along with supply.  Conditions point to mildly negative trends for the market.
 Magnolia real estate supply and demand 
In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory.  However,  inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI.  If the market heats up, prices … (1 comments)

magnolia solds: Magnolia’s real estate market times down sufficiently - 11/12/15 03:26 AM

              Magnolia’s real estate market times down sufficiently 
This Week:
The median list price this week in Magnolia is $999,972 down from last week’s  list price of $1,022,498. Inventory has been lightening lately and the Market Action Index (see below MAI chart) has been trending down up.  These are mildly positive indications for the market. .
 Magnolia real estate supply and demand 
The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result.  Expect this trend to continue especially if the index falls to … (0 comments)

magnolia solds: Magnolia’s real estate market appears to flattening - 10/15/15 08:03 AM

                          Magnolia’s real estate market appears to flattening
This Week:
The median list price this week in Magnolia is $1,022,498 up from last week’s  list price of $895,000. 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. flat recently.
 Magnolia real estate supply and demand 
The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result.  Expect this trend to continue … (0 comments)

magnolia solds: Magnolia’s real estate market starting to show signs of weakening - 10/08/15 08:35 AM
 
                          Magnolia’s real estate market starting to show signs of weakening
This Week:
The median list price this week in Magnolia is $895,000 down from last week’s  list price of $948,500. Inventory and days-on-market are climbing, while the Market Action Index (see below MAI chart) has been flat recently.  The trends point to a weakening market.
 Magnolia real estate supply and demand 
The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result.  Expect this trend … (1 comments)

magnolia solds: Magnolia’s real estate market has turned bullish - 09/18/15 08:32 AM

                                            Magnolia’s real estate market has turned bullish
 
This Week:
The median list price this week in Magnolia is $989,000 up from last week’s  list price of $900,000. Inventory is is tightening and days-on-market is falling. The  Market Action Index shows demand heating up.  These are relatively bullish signs for prices.
 Magnolia real estate supply and demand 
The market remains in a relative stasis in terms of sales to inventory.  Prices have not been moving higher for several weeks.  However, inventory is sufficiently low to keep … (1 comments)

magnolia solds: Magnolia’s real estate market continues to display signs of weakening - 09/08/15 02:48 AM

    Magnolia’s real estate market continues to display signs of weakening 
 
This Week:
The median list price this week in Magnolia is $900,000 up from last week’s  list price of $890,000. Inventory is up and Market Action Index is trending down recently. While days-on-market appears to be trending lower, the overall conditions are weakening a bit.
 
 Magnolia real estate supply and demand 
The market has started cooling and prices have been flat for several weeks.  Since we’re in the Seller’s zone, watch for changes in MAI.  If the MAI resumes its climb, prices will likely follow suit.  If the MAI drops consistently or falls into … (1 comments)

magnolia solds: Magnolia’s real estate market shows slight signs of weakening - 08/20/15 09:22 AM

    Magnolia’s real estate market shows slight signs of weakening 
This Week:
The median list price this week in Magnolia is $890,000 down from last week’s  list price of $900,000. Inventory is up and the Market Action Index x (see MAI chart below) is trending down recently.  While days-on-market appears to be trending lower, the overall conditions are weakening a bit.
 
 MAGNOLIA REAL ESTATE SUPPLY AND DEMAND
In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory.  However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the … (0 comments)

magnolia solds: Magnolia’s real estate inventory tightening while demand flattens - 08/12/15 05:15 AM
 
    Magnolia’s real estate inventory tightening while demand          flattens 
This Week:
Inventory has been tightening and days-on-market increasing recently. The The Market Action Index (see MAI chart below) has been basically flat, not providing strong indication for market conditions.  market.
 MAGNOLIA REAL ESTATE SUPPLY AND DEMAND
In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory.  However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI, if the market heats up, prices are likely to resume an upward climb. 
Average days-on-market: 91  up … (0 comments)

magnolia solds: Magnolia’s real estate market slowing, still in the Seller’s zone - 08/06/15 09:00 AM

    Magnolia’s real estate market slowing, still in the Seller’s zone  
This Week:
The median list price this week in Magnolia is $900,000 down from last week’s  list price of $1,087,495.  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.
 MAGNOLIA REAL ESTATE SUPPLY AND DEMAND
In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory.  However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI, … (0 comments)

magnolia solds: Magnolia’s real estate market inventory and demand declining - 07/20/15 01:52 AM
 
    Magnolia’s real estate market inventory and demand declining 
This Week:
The median list price this week in Magnolia is $1,087,495 down from last week’s  list price of $1,150,000.  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.
 MAGNOLIA REAL ESTATE SUPPLY AND DEMAND
Home sales 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.
 
Average days-on-market: 84  up   from last … (0 comments)

magnolia solds: Magnolia’s real estate market remains strong heading into July - 07/06/15 07:08 AM
 
    Magnolia’s real estate market remains strong heading into July 
This Week:
The median list price this week in Magnolia is $1,150,000 up from last week’s  list price of $992,498.  Inventory is lightening and the Market Action Index (see MAI chart below) has been trending up.  These are mildly positive indications for the market.
 MAGNOLIA REAL ESTATE SUPPLY AND DEMANDHome sales 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.
 
Average days-on-market: 65  up   from last week’s 64 days.
Percent of properties with … (1 comments)

magnolia solds: Magnolia’s real estate market displaying some positive trends - 06/18/15 07:15 AM

    Magnolia’s real estate market displaying some positive trends
This Week:
The median list price this week in Magnolia is $992,498 up from last week’s  list price of $892,000.  Inventory is tightening and days-on-market is falling.  The Market Action Index (see MAI chart below) shows demand heating up.  These are relatively bullish signs for prices.
 MAGNOLIA REAL ESTATE SUPPLY AND DEMANDHome sales have been exceeding new inventory for several weeks.  However prices have not yet stopped falling.  Since the market is already in the Seller’s zone, expect prices to level off very soon.  Should the sales trend continue expect that prices could climb from there.
Average days-on-market: 64 unchanged   … (0 comments)

magnolia solds: Magnolia’s real estate market shows demand is on the rise - 06/07/15 01:52 AM

    Magnolia’s real estate market shows demand is on the rise
This Week:
The median list price this week in Magnolia is $892,000 down from last week’s  list price of $1,082,995.  Inventory is tightening and days-on-market is falling.  The Market Action Index (see MAI chart below) shows demand heating up.  These are relatively bullish signs for prices.
 MAGNOLIA REAL ESTATE SUPPLY AND DEMANDHome sales have been exceeding new inventory for several weeks.  However prices have not yet stopped falling.  Since the market is already in the Seller’s zone, expect prices to level off very soon.  Should the sales trend continue expect that prices could climb … (1 comments)

magnolia solds: Magnolia’s real estate market remains very steady - 05/13/15 02:45 AM
 
    Magnolia’s real estate market remains very steady
This Week:
The median list price this week in Magnolia is $1,082,995 up from last week’s  list price of $1,078,995.  Demand measured by the  Market Action Index (see MAI chart below) is holding steady.  With more properties coming available, conditions are mildly positive.
 MAGNOLIA REAL ESTATE SUPPLY AND DEMANDHome sales 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.
Average days-on-market: 67 down  from last week’s 71 days.
Percent of properties with price decreases: … (0 comments)

magnolia solds: Magnolia’s real estate market experiencing mixed trends - 05/08/15 03:02 AM

    Magnolia’s real estate market experiencing mixed trends
This Week:
The median list price this week in Magnolia is $1,078,995 up from last week’s  list price of $911,975.  Inventory is trending higher recently. However, the improving Market Action Index (see MAI chart below) implies some increased demand will temper the negative trends.
 MAGNOLIA REAL ESTATE SUPPLY AND DEMANDHome sales have been exceeding new inventory for several weeks.  However prices have not yet stopped falling.  Since the market is already in the Seller’s zone, expect prices to level off very soon.  Should the sales trend continue expect that prices could climb from there.
Average days-on-market: 71 down  from last … (0 comments)

magnolia solds: Magnolia’s real estate market hitting it’s stride - 04/17/15 02:28 AM

    Magnolia’s real estate market hitting it’s stride
This Week:
The median list price this week in Magnolia is $999,000 is down from last week’s  list price of $1,082,596.  Demand measured by the Market Action Index (see MAI chart below) is increasing and days-on-market is trending downward.  Even as more properties come available, these are positive trends for the market. .
 MAGNOLIA REAL ESTATE SUPPLY AND DEMANDWhile the Market Action Index shows strengthening  in the last few weeks, prices have have settled in a bit of a plateau.  We’re currently in a Seller’s market so prices will likely resume their climb should this trend … (0 comments)

magnolia solds: Magnolia’s real estate market showing some weakness - 03/11/15 02:15 AM

    Magnolia’s real estate market showing some weakness
This Week:
The median list price this week in Magnolia is $1,073,950 is down from last week’s  list price of $1,140,000.  The Market Action Index (see MAI chart below) has been trending down lately, while inventory and days-on-market are climbing.  The trends imply a weakening market..

  MAGNOLIA REAL ESTATE SUPPLY AND DEMAND The market has not shown strong directional trends in terms of supply and demand.  However,  inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
 
Average days-on-market: 64 up  from last week’s … (1 comments)

magnolia solds: Magnolia’s real estate market continues to get hotter - 03/03/15 01:13 AM

    Magnolia’s real estate market continues to get hotter
This Week:
The median list price this week in Magnolia is $1,140,000 is up from last week’s  list price of $1,092,950.  Inventory has been lightening lately and the Market Action Index (see MAI chart below) has been trending up.  These are mildly positive indications for the market.

  MAGNOLIA REAL ESTATE 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.
 
Average days-on-market: 59 down  from last week’s 88 days.
Percent of properties with price decreases: 30% down  from … (1 comments)

magnolia solds: Magnolia real estate market hits an upbeat - 02/04/15 09:03 AM

    Magnolia real estate market hits an upbeat
This Week:
The median list price this week in Magnolia is $1,092,950 is down from last week’s  list price of $1,105,950.   Demand measured by the Market Action Index (see MAI chart below) is increasing and days-on-market is trending downward.  Even as more properties come available, these are positive trends for the market. 

 MAGNOLIA REAL ESTATE SUPPLY AND DEMAND The market appears to have begun to cool.  As we’re still notably in a Seller’s market, prices have not yet adjusted.  If the market continues to cool, then expect prices to fall lower.  It may … (3 comments)

magnolia solds: Magnolia real estate prices slip slightly, inventory climbs - 01/31/15 01:43 AM

    Magnolia real estate prices slip slightly, inventory climbs
This Week:
The median list price this week in Magnolia is $1,105,950 is down from last week’s  list price of $1,113,450.   Inventory  is up and the Market Action Index (see MAI chart below) is trending lower, the overall  conditions are weakening a bit. 

MAGNOLIA REAL ESTATE SUPPLY AND DEMAND The market appears to have begun to cool.  As we’re still notably in a Seller’s market, prices have not yet adjusted.  If the market continues to cool, then expect prices to fall lower.  It may take a few more weeks of slack demand … (1 comments)

 
Adrian Willanger, Profit from my two decades of experience (206 909-7536 AdrianWillanger-broker.com)

Adrian Willanger

Profit from my two decades of experience

Seattle, WA

More about me…

206 909-7536 AdrianWillanger-broker.com

Office: (206) 909-7536

Mobile: (206) 909-7536



Listings

Links

Archives

RSS 2.0 Feed for this blog