Redmond’s Microsoft real estate market shows signs of slowing This Week: The median list price this week in Redmond is $775,000 is unchanged from last week’s $775,000. The Market Action Index (MAI see chart below) has been trending down lately, while inventory is climbing. These trends imply a weakening market.
SUPPLY AND DEMANDIn 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 (0 comments)
Redmond’s Microsoft real estate market remains strong This Week: The median list price this week in Redmond is $775,000 is up slightly from last week’s. $744,900. Inventory is up and the Market Action Index (MAI see chart below) is trending down recently. While days-on-market appears to be trending lower, the overall conditions are weakening a bit.
SUPPLY AND DEMANDHome sales continue t 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.
Redmond’s Microsoft real estate market shows some signs of slight decrease in demand This Week: The median list price this week in Redmond is $774,900 is down slightly from last week’s. $822,875. Inventory is up and the Market Action Index (MAI see chart below) is trending down recently. While days-on-market appears to be trending lower, the overall conditions are weakening a bit.
This home I listed (2/15/15) held this home open at 6811 149th Ave NE in Redmond and had over 120 people come through in a 3 hour window. Many visitors mentioned they have lost out on listings in bidding (0 comments)
Redmond’s Microsoft real estate market still a Seller’s market
This Week: The median list price this week in Redmond is $822,875 is down slightly from last week’s. $899,475. The Market Action Index (MAI see chart below) has been trending down recently, but as days-on-market decreases also, there are not strong signals for the direction of the market.
This home I listed (2/15/15) held this home open at 6811 149th Ave NE in Redmond and had over 120 people come through in a 3 hour window. Many visitors (0 comments)
Positive outlook continues for Redmond’s Microsoft real estate market
This Week: The median list price this week in Redmond is $899,475 down slightly from last week’s. $919,950. Inventory has been lightening lately and Market Action Index (MAI see chart below) has been trending up. Though days-on-market is increasing, these are positive indications for the market.
This home I listed (2/15/15) held this home open at 6811 149th Ave NE in Redmond and had over 120 people come through in a 3 hour window. Many visitors mentioned they have lost out on (1 comments)
Positive near-term outlook for Redmond’s Microsoft real estate market
This Week: The median list price this week in Redmond is $919,950 up slightly from last week’s. $824,950. The Market Action Index (MAI see chart below) has been climbing lately while days-on-market are trending down, these point to a positive near-term outlook for the market.
This home I listed (2/15/15) held this home open at 6811 149th Ave NE in Redmond and had over 120 people come through in a 3 hour window. Many visitors mentioned they have lost out (0 comments)
Demand for Redmond’s Microsoft real estate remains strong
This Week: The median list price this week in Redmond is $819,975 slipping slightly from last week’s. $824,950. Demand measured by the Market Action Index (MAI see chart below) is increasing and days-on-market is trending downward. Even as properties come available, these are positive trends for the market.
This last weekend (2/15/15) held this home open at 6811 149th Ave NE in Redmond and had over 120 people come through in a 3 hour window. Many visitors mentioned they have lost (0 comments)
Days-on-market dropping for Redmond’s Microsoft real estate
This Week: The median list price this week in Redmond is $824,950 is unchanged from last week’s. $824,950. Demand measured by the Market Action Index (MAI see chart below) is increasing and days-on-market is trending downward. Even as properties come available, these are positive trends for the market.
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 it’s (0 comments)
Redmond’s Microsoft real estate market remains upbeat
This Week: The median list price this week in Redmond is $824,950 is unchanged from January 19th $824,950. Demand measured by the Market Action Index (MAI see chart below) is increasing and days-on-market is trending downward. Even as properties come available, these are positive trends for the market.
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 (0 comments)