West Bellevue's real estate market times decreasing
By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
West Bellevue's real estate market times decreasing This Week: The median list price this week in West Bellevue is $2,388,000 is down from last week’s $2,398,000. 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 market. Supply and Demand In the last few weeks the West Bellevue real estate 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 heats up, prices are likely to resume an upward climb. Price We continue to see prices in West Bellevue bounce around this plateau. look for a pe...
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