Juanita area median list prices up, demand fading
By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
Juanita area median list prices up, demand fading This Week The median list price this week for the Kirkland-Juanita area is $519,950 is up from last week’s $500,000. Inventory and days-on-market are climbing, while the Market Action Index (MAI see below chart) has been flat recently. The trends point to a weakening market. Supply and Demand The Juanita real estate market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index, we’re in a Seller’s Market. If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, wa...
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