Managing Real Estate Broker with 206 909-7536 AdrianWillanger-broker.com 17900
Lake Forest Park – Sheridan Beach real estate needs a defibrillator
The median List prices for the Lake Forest Park/Sheridan Beach area is $359,000 is down slightly from last week’s $372,450. Inventory has been decreasing lately but the Market Action Index (MAI see below graph) has been falling also. With days-0n-market is climbing, these are relatively negative implications for the market. Stop by next week to see how the housing market in Lake Forest Park is trending.
It will be interesting to see if the home sales trend in Lake Forest Park, which averaged 31 sales per month in 2012, will continue into 2013. Stay updated on the latest real estate trends in Lake Forest Park and Sheridan Beach. Sign-up and have market report e-mailed to you weekly or monthly absolutely FREE?Subscribe today, for any additional information regarding the real estate market contact Adrian Willanger.
Supply and Demand
The Lake Forest Park-Sheridan Beach real estate market has been consistently cooling in the past several weeks. Because we’re still in a Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of lack demand for prices to reflect and begin to fall . Expect prices to fall if the index persistently falls to the Buyer’s zone. Get the full report.
We saw little price change in the Lake Forest Park/Sheridan Beach area from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.
Is it the right time to sell your Lake Forest Park Sheridan Beach home?
Many homeowners are asking the same question, “has the value of our home increased to the point we can sell it?” Fill out our form and find out for FREE.