Beaux Arts-Enatai home median list prices continue higher
By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
Beaux Arts-Enatai home median list prices continue higher The median list price in West Bellevue, WA 98004 this week is $1,595,000 up from last weeks $1,590,000. Inventory is up and The Market Action Index (MAI see below chart) has been trending down lately. 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 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 ...
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