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Kirkland’s home sales continue to outstrip supply
Kirkland’s home sales continue to outstrip supply This Week: The median list price this week for Kirkland, WA this week is $674,950 is up from last week’s $668,500. Inventory has been lightening lately and the Market Action Index (see above MAI chart) has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market. Supply and Demand Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This a Seller’s market so watch for upward pricing pressure in the near future if the trend continues. Price The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend. This report is brought to you by Adrian Willanger at Coldwell Banker Danforth. For a free market evaluation of your home’s value call or email me at 206 909-7536 – Adrian@adrianwillanger.com ... more
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