This Week: The median list price this week in the Columbia City neighborhood is $325,950 up slightly from last wee's $319,500. The Market Action Index (see below MAI chart) has been trending down recently, as days-on-market decrease, there are not strong signals for the direction of the market.
Supply and Demand The Columbia City real estate market has been cooling over time and prices have recently flattened. Despite the consistent decrease in the Market Action Index has been moving higher for several weeks. We’re in a Seller’s Market (where significant demand … (12 comments)
Lake Forest Park-Sheridan Beach real estate market showing signs of weakening The median list prices for the Lake Forest Park/Sheridan Beach area is $329,500 is down slightly from last week’s $339,950. The Market Action Index (MAI see below graph) has been trending down lately. While inventory and days-on-market are climbing. The trends imply a weakening market. Stop by next week to see how the housing market in Lake Forest Park is shaping up. Lake Forest Park registered 18 closed sales in February 2013 compared 20 for the same month a year earlier. It will be interesting to see if the home … (8 comments)
Lake Forest Park-Sheridan Beach home sales up prices dip The median list prices for the Lake Forest Park/Sheridan Beach area is $332,550 is down slightly from last week’s $339,950. Inventory has been lightening lately and the Market Action Index (MAI see below graph) has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market. Stop by next week to see how the housing market in Lake Forest Park is shaping up.
Lake Forest Park registered 18 closed sales in February 2013 compared 20 for the same month a year earlier. It will be interesting to see if the home … (4 comments)
Lake Forest Park-Sheridan Beach home sales outstripping supply The median list prices for the Lake Forest Park/Sheridan Beach area is $339,950 is down slightly from last week’s $355,000. Inventory and days-on-market are both trending higher recently. However, the improving Market Action Index (MAI see below graph) implies some increased demand will temper the negative trends. Stop by next week to see how the housing market in Lake Forest Park is shaping up.
Lake Forest Park registered 18 closed sales in February 2013 compared 20 for the same month a year earlier. It will be interesting to see if the home sales trend … (7 comments)
Lake Forest Park/Sheridan Beach median list prices up The median list prices for the Lake Forest Park/Sheridan Beach area is $355,500 up from last week’s $332,500 Demand measured by the Market Action Index (MAI see below chart) is increasing and days-on-market is trending downward. Even as more properties come available, these are positive trends for the market. Stop by next week to see how the housing market in Lake Forest Park is shaping up.
Lake Forest Park registered 18 closed sales in February 2013 compared 20 for the same month a year earlier. It will be interesting to see if the home sales trend in … (1 comments)
Home buying demand increasing in Lake Forest Park/Sheridan Beach The median list prices for the Lake Forest Park/Sheridan Beach area is $332,500 down slightly from last week’s $335,000. Demand measured by the Market Action Index (MAI see below chart) is increasing and days-on-market is trending downward. Even as more properties come available, these are positive trends for the market. Stop by next week to see how the housing market in Lake Forest Park is shaping up.
Lake Forest Park registered 18 closed sales in February 2013 compared 20 for the same month a year earlier. It will be interesting to see if the … (0 comments)
Real estate demand increasing in Lake Forest Park/Sheridan Beach The median list prices for the Lake Forest Park/Sheridan Beach area is $335,00 up from last week’s $322,000. Demand measured by the Market Action Index (MAI see below chart) is increasing and days-on-market is trending downward. Even as more properties come available, these are positive trends for the market. Stop by next week to see how the housing market in Lake Forest Park is shaping up.
Lake Forest Park registered 18 closed sales in February 2013 compared 20 for the same month a year earlier. It will be interesting to see if the home sales trend … (3 comments)
Lake Forest Park-Sheridan Beach real estate trends The median list price for Lake Forest Park is $322,500 up from last week’s $317,000. Inventory is up and the Market Action Index is trending down recently. While days-on-market appears to be trending lower, the overall conditions are weakening a bit. Stop by next week to see how the housing market in Lake Forest Park is shaping up.
Lake Forest Park registered 11 closed sales in January 2011 compared 6 for the same month a year earlier. It will be interesting to see if the home sales trend in Lake Forest Park, which averaged 31 sales per … (0 comments)
real estate report: Duvall’s real estate market post Christmas
- 12/25/12 06:50 PM
Duvall’s real estate market post Christmas 12/26/2012 The median list price in Duvall, WA this week is $334,998 up slightly from last week’s $334,500. Available homes for sale in Duvall has been decreasing lately but the Market Action Index has been falling also. With the days-on-market climbing, these are relatively negative implications for the market. Supply and Demand The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to to demand however, it is likely that we will see downward pressure on pricing. Price The Duvall real estate market seems to … (4 comments)
real estate report: Shoreline’s closed home sales outpacing 2011
- 12/12/12 03:50 AM
Shoreline’s closed home sales outpacing 2011 Shoreline closed sales year-over-year Closed sales in the Shoreline area (zip code 98133) are up 388 closed sales in 2012 compared to the 274 in the preceding year, a 41% year-over-year gain. This week in Shoreline The median list price for Shoreline (zip code 98133 is $289,000. Inventory has been tightening lately and the Market Action Index has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market. Supply and Demand Home sales in the Shoreline area has been exceeding new inventory for several weeks. However because of excess inventory, prices … (3 comments)
real estate report: Cedar Park real estate sales up slightly YTD
- 11/12/12 06:07 AM
Cedar Park real estate sales up slightly YTD Home sales year to date (YTD) in the Cedar Park neighborhood are slightly ahead of last year’s totals. 2012 has recorded 32 closed sales YTD in Cedar Park compared to 30 for the same time frame last year. Listings in Cedar Park So far this year through October they’re have been 43 homes come on the market for sale in Cedar Park compared to 53 a year earlier for the same period of time. Living in Cedar Park One of the very best kept secrets in Seattle is the Cedar Park neighborhood. … (9 comments)
real estate report: Seattle’s Wallingford Home Prices are Taking a Brief Respite
- 12/13/11 05:10 AM
Seattle’s Wallingford Home Prices are Taking a Brief Respite Inventory and prices dip in Seattle’s trendy Wallingford neighborhood. Typically real estate in Seattle slows down in the 4th quarter of the year; this has been a pretty consistent cyclical trend for last 30 years. Home prices in the Wallingford neighborhood came off their year’s high-water mark in September of 2011 to start a downward price trend that has continued into December. The median selling price in September was $465K adjusting downward to early December’s level of $425K. Active listings in the neighborhood started to slow down in early November and should … (0 comments)
Third Place Commons-the Jewel of Lake Forest Park Third Place Commons is located in the heart of Lake Forest Park on the northwest corner of Lake Washington. The Commons is built around Third Place Books, the commons has a great indoor public gathering area, five restaurant, wireless internet, a stage for speeches/performances and a community room. Third Place Books has over 200,000 books both new and used and bargain books. The Commons is intentionally centered around books. The element of books makes it a great place to linger, relax, eat, laugh, and just chill as the world goes … (2 comments)
Comparing the upper-tier segments (Lake Forest Park vs. Northeast Seattle) housing market indicates that the upper-tier segment of the Lake Forest Park market reached a 3 year low in March of 2011 while Northeast Seattle’s luxury market reached its 3 year low in late August of 2011. Both markets have leveled off after brief upward trends (LFP 4 months, NE Seattle 3 weeks) before running out of gas in late summer of 2011. David Stiff, Fiserv’s chief economist, says cities like Tacoma and Seattle have strong, diverse economies and should fare well over … (1 comments)
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