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Duvall real estate not showing strong directional ups or downs

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

 

Duvall real estate not showing strong directional ups or downs

 The median list price in Duvall this week is $499,000 is up  from  last week’s $429,450.  With inventory trending up but the days-on-market and the Market Action Index (MAI see chart below) essentially flat recently, conditions  do not seem to have strong up or down  pull. 

Supply and Demand

In the last few weeks the market has  achieved a relative stasis point in terms of sales to inventory.  However,  inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI.  If the market heats up, prices are likely to resume and upward climb.  

Price

The market is hovering around this plateau.  Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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