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Median List prices up in the Juanita-Holmes Point neighborhoods
 
                                                                                
                                                                     Median List prices up in the Juanita-Holmes Point neighborhoods
 
This Week
The median list price this week for the Kirkland-Juanita area is $624,900 is up from last week’s $492,000.   Inventory has been lightening lately and the Market Action Index (see MAI chart below) 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 is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues. 
 
Price
We continue to see prices in the Holmes Point area bouncing around this plateau.  Look for a persistent up-shift in the Market Action Index before we see ... more

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