Holmes Point (Kirkland, WA)
By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                                                                                                              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 th...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                                                                                                         Juanita-Holmes Point real estate market displaying some strengthening This WeekThe median list price this week for the Kirkland-Juanita area is $675,000 up from last week’s $579,450. Inventory has been lightening lately and the Market Action Index  (see MAI chart below) has been trending up. Though days-on-market is increasing,  these are mildly positive indications for the market.Asking price per square foot $269, median house size 2,569 sq.ft. Supply and DemandWhile the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau.  We’re currently in a Seller’s market so prices will likely resume their  climb should this trend persis...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                                                                                                                             Juanita-Holmes Point real estate market displaying mostly bearish signs This WeekThe median list price this week for the Kirkland-Juanita area is $579,450 down from last week’s $612,500. The Market Action Index  (see MAI chart below) has been trending down lately, while  days-on-market is climbing, providing mostly bearish signs for the market.Asking price per square foot $266, median house size 2,305 sq.ft. Supply and DemandThe market has been cooling off a bit in recent weeks, as more homes are available and demand is less.  We’re already seeing prices move lower as a result.  Expect this trend to continue especially if the index falls to the Buyer’s zone.  Watc...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                                                                                           Juanita-Holmes Point real estate market remains positive  This WeekThe median list price this week for the Kirkland-Juanita area is $599,900 down from last week’s $661,450. Demand measured by the Market Action Index  (see MAI chart below) is increasing and days-on-market is trending downward.  Even as more properties come available, these are positive trends for the market.Asking price per square foot $266, median house size 2,420 sq.ft. Supply and DemandThe market has been cooling over time and prices have recently flattened.  Despite the consistent decreasing in Market Action Index (MAI), we’re in a Seller’s Market.  If the MAI drops consistently or falls into the Buyer’s zone, watch for downwar...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                                                                                            Juanita-Holmes Point real estate market trends point to a near-term  Seller’s market    This Week The median list price this week for the Kirkland-Juanita area is $661,450 up from last week’s $653,500. The Market Action Index  (see MAI chart below) has been climbing lately while days-on-market are trending down, these point to a positive near-term outlook for the market. Asking price per square foot $265, median house size 2,574 sq.ft.   Supply and Demand While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau.  We’re  currently in a Seller’s market so prices will likely resume their climb should this trend persist.    Price In the ...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                                                                                                Juanita-Holmes Point real estate market holding steady while demand is picking up   This Week The median list price this week for the Kirkland-Juanita area is $653,500 down from last week’s $695,000. Demand measured by the Market Action Index  (see MAI chart below) is increasing and days-on-market is holding steady.  With more properties coming available, conditions are mildly positive. Asking price per square foot $268, median house size 2,484 sq.ft.   Supply and Demand In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory.  However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI.  If the market ...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                                                                                 Juanita-Holmes Point real estate market maybe softening a bit   This Week The median list price this week for the Kirkland-Juanita area is $695,000 down from last week’s $742,498. The Market Action Index  (see MAI chart below) has been trending down lately, while inventory and days-on-market are climbing.  The trends imply a weakening market. Asking price per square foot $264, median house size 2,600 sq.ft.   Supply and Demand The market has been cooling over time and prices have plateaued for a while.  Despite the consistent decrease in MAI, we’re in the Seller’s zone.  Watch for changes in MAI. If the MAI resumes it’s climb, prices will likely follow suit.  If the MAI drops consistently or falls into the...
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