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Kirkland’s Juanita-Holmes Point real estate market displaying mildly positive signs
                                                                                                              Kirkland’s  Juanita-Holmes Point real estate  market displaying mildly positive signs

 
This Week
The median list price this week for the Kirkland-Juanita area is $799,950 up from last week’s $6667,500.  Inventory has been lightening lately and the Market Action Index (see below MAI chart) has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market.
Asking price per square foot $253, median house size 3,000 sq.ft. 
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
Prices in the Holmes Point area are bouncing around near term trough.  Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.
This Juanita real estate update is brought to you you ... more

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