Juanita Condos in Kirkland Washington Months of Inventory Nov 2013

By
Real Estate Broker/Owner with Aloha Kai Real Estate License #24795

Juanita Condos in Kirkland Washington Months of Inventory November 2013

 

One gauge that we use is called "Months of Inventory" which is a term we use that captures the absorption  rate in the market. That is,  what is the amount of time it would take to sell all current listings at the current sales pace if no new listings became available?



For Juanita condos in February 2013 there was one month of inventory in the start of the year which was advantageous to sellers. It held steady through July 2013 then increased to six months of inventory in November 2013 which is more of a balanced market:

Juanita Condos Real Estate

Juanita Kirkland Condos

 

There is no crystal ball that will predict the real estate market in the future. These numbers can change at any time and really depends on the people... supply and demand.

 

If you are thinking about buying a condo or selling your condo in Juanita contact me for a FREE market analysis at (425) 290-3114.

 

 

* Source: Northwest Multiple Listing Service (NWMLS.) The NWMLS did not compile or publish this information. Information is believed to be accurate but should not be relied upon without verification.

Posted by

Lana and EdAloha Kai Real EstateWe are commited to Fair Housing Laws

 

 

Lana Robbins, Managing Broker, Realtor ®

Phone (206) 445-8034
Email: Lana (at) AlohaKaiRealEstate.com

Ed Hinman, Vice President

Phone (206) 445-8034

 

We are committed to Fair Housing Laws and are an Equal Opportunity Employer.

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kirkland washington real estate
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Lana Robbins Licensed Managing Broker/Owner

Licensed in Washington, Florida, and Hawai'i
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