Laurelhurst-Windermere’s real estate market showing some positive signs
This week:
The median list price this week for the Laurelhurst-Windermere area is $829,950 down from last week’s $879,000. Inventory has been lightening lately and the Market Action Index (MAI see below chart) has been trending up. These are mildly positive indications for the market.
Is it a good time to sell my home?
Inventory levels in northeast Seattle at or near all time lows. The key to maximizing your listing price is in the preparation and pricing. For listing tips click here.
Supply and Demand
Home sales continue to outstrip supply and the Market Action Index has been moving higer for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Price
We continue to see prices in the Laurelhurst-Windermere area bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.
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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