Kirkland’s Juanita-Holmes Point real estate market displaying mildly positive signs

                             Kirkland’s  Juanita-Holmes Point real estate  market displaying mildly positive signs

This Week

The median list price this week for the Kirkland-Juanita area is $799,950 up from last week’s $6667,500.  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.

Asking price per square foot $253, median house size 3,000 sq.ft. 

Supply and Demand

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks.  This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues. 

Price

Prices in the Holmes Point area are bouncing around near term trough.  Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

This 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.

This 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