Lake Forest Park-Sheridan Beach Real estate market remains mildly positive

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

 

 

           Lake Forest Park-Sheridan Beach  Real estate market remains mildly positive

The median List prices  for the  Lake Forest Park/Sheridan Beach area  is $475,000 down from  last week’s  $499,000.  Inventory has been lightening lately and the Market Action Index  (see below MAI chart) has been trending up.  Though days-on-market is increasing, these are mildly positive indications for the market.

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 market has been cooling over time and prices plateaued for a while.  Despite the consistent decrease in MAI, we’re in the Seller’s zone.  Watch for changes in MAI. If MAI resumes it’s climb, prices will likely follow suit.  If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.  . . . . ……Get the full report.

 

 

Price

Prices in the Lake Forest Park-Sheridan Beach area seem to have settled around a plateau.  Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

 

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?”

 

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

Comments (3)

Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Good morning always enjoy viewi stats and charts on other locations...tks for sharing

Nov 23, 2015 01:18 AM
Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!

Hello, Adrian! Great market report for Lake Forest Park Sheridan Beach real estate. Thanks for sharing this!

Nov 23, 2015 01:24 AM
Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Good morning Adrian,  always enjoy viewing information on other communities...tks for sharing.

Nov 23, 2015 01:27 AM