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Duvall, WA Real Estate News

By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
    Blip not bust in Duvall’s real estate market The median list price in Duvall, WA this week is $399,900  is up slightly  from  last week’s $388,900. The Market Action Index (MAI see chart below) has been trending lower lately,  while days-on-market area  climbing.  The trends imply a weakening market.   Supply and Demand The Duvall real estate market  recently is showing signs of slowing.  Both prices and inventory levels are relatively unchanged in recent weeks.  Watch the Market Action Index for changes as it an be a leading indicator for price change.     Price The Duvall real estate market has continued its price climb again this week.  We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last. Duvall cur...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
  Demand for Duvall housing continues The median list price in Duvall, WA this week is $388,900  down slightly  from  last week’s $389,900.  Demand measured by the Market Action Index (MAI see chart below) is increasing and days-on-market is trending downward.  Even as more properties come available, these are positive trends for the  Duvall real estate market.  Supply and Demand Duvall home sales have been exceeding new inventory for several weeks.  However prices have not yet stopped falling.  Since the market is already in the Seller’s zone, expect prices to level off very soon.  Should the sales trend continue expect that prices could climb from there.    Price The Duvall real estate market has been recently and this week, while essentially flat, doesn’t break us of that cycle. Duv...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
  Duvall's real estate market remains positive The median list price in Duvall, WA this week is $389,900  down  from last week’s $404,490.  Demand measured by the Market Action Index (MAI see chart below) is increasing and days-on-market is holding steady.  With more properties coming available, conditions are mildly positive. Supply and Demand Duvall home sales have been exceeding new inventory for several weeks.  However prices have not yet stopped falling.  Since the market is already in the Seller’s zone, expect prices to level off very soon.  Should the sales trend continue expect that prices could climb from there.      Price Again this week we see a downward notch for prices in Duvall.  Pricing has been weak in recent weeks and versus their absolute-high levels.  The Market Actio...
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By Jason Hershey, Helping clients make great real estate decisions
(Tellus Real Estate Solutions, LLC)
Here is what has been happening in the Duvall and Carnationn residential real estate markets this week: New listings - 11 new listings Ranging from $49,950-$699,950 - Average price: $410,864 (Check em out) Expired listings - 4 listings expired without being sold this week with an average of 46 days on market - Average price: $348,721 Pending with Backup offers requested - 1 with an average of 53 days on market - Average price: $369,950 Pending Inspection - 3 with an average of 25 days on market - Average price: $464,917 Pending short sales -No new pending short sales Pending - 2 with an average list price of $400,900 Sold - 4 sales closed this week, with an average of 89 days on market - Average sale price $562,077 On the commercial side: Valley Center (across from post office) was just...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
Duvall’s home market showing signs of slight weakening The median list price in Duvall, WA this week is $404,490,  up  from last week’s $402,245. Inventory is up and  the Market Action Index (MAI see bottom chart) is trending down recently.  While days-on-market appears to be trending lower the overall conditions are weakening a bit.     Supply and Demand The Market Action Index (MAI) has been trending lower for several weeks while prices have remained relatively stable.  If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.  Price Despite this week’s slight up tic, the market seems to have paused around this plateau.  The Market Action Index is a good leading indicator for the durability of this shift. Duvall currently h...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
Duvall's median list prices continue to move up The median list price in Duvall, WA this week is $410,000,  up from last week’s $402,245.  Inventory is up and the Market Action Index (MAI see chart below) is trending down recently.  While days-on-market appears to be trending lower, the overall conditions are weakening a bit.   Supply and Demand In terms of supply and demand, The Duvall real estate market is getting cooler – more supply is coming on the market relative to the sales demand.  However, in recent weeks prices have been moving higher.  Since it is technically a Buyer’s market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed.  Look at the descriptive statistics where you may notice the homes being listed are larger and you...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
  Duvall's real estate median prices continue upward The median list price in Duvall, WA this week is $402,245,  up unchanged from last week’s $399,950.  Demand measured by the Market Action Index (MAI see bottom chart) is increasing and days-on-market is trending downward.  Even as more properties come available, these are positive trends for the Duvall real estate market. Supply and Demand The Duvall real estate market continues to get hotter.  More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices.  Current supply and demand levels show no sign of prices changing from their current trend.   Price This week Duvall saw relatively little price change from last week.  However, prices continue demonstrate a nice up trend in general over the...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
  Duvall’s home sales quickening The median list price in Duvall, WA this week is $399,950,  up unchanged from last week’s $399,950.  The Market Action Index (MAI see bottom chart) has been climbing lately while days-on-market are trending down, these point to a positive near-term outlook for the market. Supply and Demand The Duvall real estate market continues to get hotter.  More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices.  Current supply and demand levels show no sign of prices changing from their current trend.   Price This week Duvall saw relatively little price change from last week.  However, prices continue demonstrate a nice up trend in general over the last several weeks. Duvall currently has a 22  homes for sale , down f...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
  Duvall’s real estate median list price continues upward trend The median list price in Duvall, WA this week is $399,950,  up slightly from last week’s $379,950.  With inventory trending down 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 Inventory levels have been relatively consistent relative to sales.  Despite the fact that there is a relatively high amount of  available inventory, this Buyer’s market is still seeing prices move higher.  Given inventory levels, these price conditions are relatively fragile, if the market cools off further, the  price trends is likely to reverse.     Price Duvall Prices continue their climb again this week for the third week in a row.   We’re a...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
  Duvall’s real estate market continues its hot streak The median list price in Duvall, WA this week is $379,992,  up slightly from last week’s $359,995.  Demand measured by the  Market Action Index (MAI) is increasing and days-on-market is trending downward.  Even as more properties come available , these are  positive trends for the Duvall market place.    Supply and Demand In terms of supply and demand, the Duvall real estate market continues to get hotter.  Sales have been outpacing  new listing inventory have contributed to a relatively run of increasing prices.  Current supply and demand levels show no sign of prices changing from their current levels.    Price Duvall Prices continue their climb again this week.  We’re a long way from the market’s price high-point so watch the Ma...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
    Duvall’s median list prices continue up tic The median list price in Duvall, WA this week is $359,995 up slightly from last week’s $354,992.   The Market Action Index (MAI) has been trending down lately, while inventory and days-on-market are increasing.  The trends imply a weakening market. Recent sales in Duvall.    Supply and Demand In terms of supply and demand, the Duvall real estate market is getting cooler – more supply is coming on the market relative to the sales demand.  However,  in recent weeks prices have been moving higher.  Since it is technically a Buyer’s market, this price trend may be a result of improved quality (newer, larger homes) of homes being listed.  Look at the descriptive  statistics where you may notice the homes being listed are larger and newer than t...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
  Duvall's real estate market showing small signs of cooling The median list price in Duvall, WA this week is $354,992 down slightly from last week’s $355,992.   The Market Action Index (MAI) has been trending down lately, while inventory and days-on-market are increasing.  The trends imply a weakening market. Supply and Demand In terms of supply and demand, the Duvall real estate market is getting cooler – more supply is coming on the market relative to the sales demand.  However, in recent weeks prices have been moving higher.  Since it is technically a Buyer’s market, this price trend may be a result of improved quality (newer, larger homes) of homes being listed.  Look at the descriptive  statistics where you may notice the homes being listed are larger and newer than they have been...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
This Week-Duvall's median list prices up slightly The median list price in Duvall, WA this week is $359,992 up slightly from last week’s $340,950.   Even though the days-on-market is trending higher, so is the Market Action Index at these inventory levels, providing a neutral outlook for the market.    Supply and Demand Home sales in Duvall have been exceeding new inventory for several weeks.  While still a Buyer’s market, prices seem to have responded by moving upward.  If the demand trends continue, expect prices to keep marching upward, especially once we see a Seller’s market.      Price Prices in Duvall  continue their climb again this week.   We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.   Du...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                                                                                                       Duvall’s median list prices slightly higher The median list price in Duvall, WA this week is $340,995  up slightly  from last week’s $334,995.  Listing inventory has been lightening lately and the Market Action Index  has been trending up.  Though days-on-market is increasing, these are mildly positive indications for the market.   I would expect  a larger number of new listing coming on the market earlier in 2013 than in the previous years as home values continue to increase in Duvall.  Check us out next week to see how the housing market in Duvall is shaping up. 2012 Duvall real estate highlights  Total closed sales in Duvall outpaced 2011 closed sales by 47% 2012 had 133 closed sale...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
Home sales in Duvall outstrips inventory  The median list price in Duvall, WA this week is $334,995  down slightly  from last week’s $336,000.  Listing inventory has been lightening lately and the Market Action Index  has been trending up.  Though days-on-market is increasing, these are mildly positive indications for the market.   I would expect  a larger number of new listing coming on the market earlier in 2013 than in the previous years as home values continue to increase in Duvall.  Check us out next week to see how the housing market in Duvall is shaping up.   Supply and Demand Home sales in Duvall  continue to outstrip supply and the 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...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
Duvall’s real estate list prices increase slightly   The median list price in Duvall, WA this week is $336,000 up slightly  from last week’s $334,988.  Even though the days-on-market  is trending higher, so is the Market Action Index at these inventory levels, providing a neutral outlook for the market.   I would expect to see a larger number of new listing coming on the market earlier in 2013 than in the previous years. Check us out next week to see how the housing market in Duvall is shaping up.   Supply and Demand Home sales continue to outstrip supply and the 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.   After driving around the Duvall area I noticed sever...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
Will Duvall’s real estate market trip or dance into 2013? 1/2/2013 The median list price in Duvall, WA this week is unchanged  from last week’s $334,500.  Available homes for sale in Duvall  has been decreasing  lately but the Market Action Index has been falling also.  With the days-on-market climbing, these are relatively negative implications for the market. I would expect to see a larger number of new listing coming on the market earlier in 2013 than in the previous years. Check us out next week to see how the housing market in Duvall is shaping up.   Supply and Demand The Market Action Index has been trending lower for several weeks while prices have remained relatively stable.  If inventory continues to grow relative to to demand however, it is likely that we will see downward pre...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
   Duvall’s real estate market post Christmas 12/26/2012 The median list price in Duvall, WA this week is $334,998 up slightly from last week’s $334,500.  Available homes for sale in Duvall  has been decreasing  lately but the Market Action Index has been falling also.  With the days-on-market climbing, these are relatively negative implications for the market. Supply and Demand The Market Action Index has been trending lower for several weeks while prices have remained relatively stable.  If inventory continues to grow relative to to demand however, it is likely that we will see downward pressure on pricing. Price The Duvall real estate market seems to have paused around this plateau.  The Market Action Index is a good leading indicator for the durability of this trend.   90-day stats ...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
Duvall real estate inventory continues to tighthen This Week- The median list price in Duvall, WA this week is $334,995 down  slightly from last week’s $334,998.   Inventory is tightening and days-on-market  is falling.   But demand as measured by the Market Action Index is also trending down.  The market is not giving strong up or down signals from this data.  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 The Market Action Index seems to have paused around this plateau.  The Market Action Index is a good leading indicator for the durability of this trend.  Duvall currently has a 24  homes for s...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
  Demand is heating up for Duvall real estate This Week- The median list price in Duvall, WA this week is $334,998 UP  slightly from last week’s $334,950.   Inventory is tightening and days-on-market  is falling.   These are relatively bullish signs forhome selling  prices in Duvall. 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 The market seems  to have paused  around this plateau. The Market Action Index is a good leading indicator for the durability of the trend. Duvall currently has a 28  homes for sale beginning in the low $179K for a 3 bedroom short sale  to  $750,000 for a 31 acre home wi...
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