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Demand and prices for Kirkland real estate trending higher
                                                    
 
 

              Demand and prices for Kirkland real estate trending higher
This Week:
The median list price this week for Kirkland, WA this week is $789,900 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 appears to be hovering around these current levels, though prices moved up a bit this week.  the Market Action Index is a good leading indicator for the durability of this shift.
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
 
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