Juanita area median list prices up, demand fading

By
Managing Real Estate Broker with 206 909-7536 AdrianWillanger-broker.com 17900

kirkland market update                                                                                

                                                          Juanita area median list prices up, demand fading  

 

This Week

The median list price this week for the Kirkland-Juanita area is $519,950 is up from last week’s $500,000.   Inventory and days-on-market are climbing, while the Market Action Index (MAI see below chart) has been flat recently.  The trends point to a weakening market. 

Supply and Demand

The Juanita real estate market has been cooling over time and prices have recently flattened.  Despite the consistent decrease in Market Action Index,  we’re in a Seller’s Market.  If the MAI begins to climb, prices will likely follow suit.  If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.  again. 

  Price

We continue to see prices in the Juanita area bouncing around this plateau.   Look for a persistent up-shift in the Market Action Index before we see prices move from these levels. 

 

 

New home search in SeattleThis Juanita real estate update is brought to you you by Adrian Willanger of Coldwell Banker Danforth.  If you are considering selling your home I would be happy to assist you.  Give me a call for a free market evaluation of your home’s value. I can be reached at 206 909-7536 or by email at Adrian@adrianwillanger.com >

 

 

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Adrian specializes in green home marketing utilizing traditional and social media marketing to create the widest exposure of your property.

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Topic:
Home Selling
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Washington King County Juanita Juanita
Tags:
juanita real estate market
homes for sale in juanita
juanita housing forecast
market update

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Rainmaker
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David Shamansky
US Mortgages - David Shamansky - Highlands Ranch, CO
Creative, Aggressive & 560 FICO - OK, Colorado Mtg

It is interesting seeing how the marketplace is so fluid isnt it?

Each market is unique and why you want a PRO just like yourself assisting as this is no place to play without a serious amount of knowledge and expertise in on your side

Sep 09, 2014 09:19 AM #1
Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your real estate market. Home buyers and sellers should contact you to be their agent.

Sep 09, 2014 09:06 PM #2
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Rainmaker
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Adrian Willanger

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