Roosevelt-Ravenna-Maple Leaf’s  real estate showing mixed signals    This week: The median list price in Seattle’s Roosevelt-Ravenna neighborhood is $590,000 is down from last week’s $695,000.  Inventory has been tightening but days-on-market and the Market Action Index (MAI see below chart) have been basically unchanged, not providing strong indications for market conditions.   Supply and Demand The Roosevelt-Ravenna-Maple Leaf real estate market has not shown strong directional trends in terms of supply and demand .  However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence. Prices While this week the median list price didn’t fluctuate much, we are relatively close to the market’s high water mark.  Watch for persisten... 07/16/2014

  The Roosevelt-Ravenna real estate market, a market to be envied    This week: The median list price in Seattle’s Roosevelt-Ravenna neighborhood is $694,450   is down  from  last week’s $714,925.   Inventory has been lightening lately and the Market-Action Index  (MAI see below chart) has been trending up.  These are mildly positive indications for the market.   Supply and Demand The  Roosevelt-Ravenna real estate market continues to get hot.  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 The market continues its bounce again this week.   We’re a long way from the market’s high point so watch the Market Action Index to predict how... 12/23/2013

  Home sale times in the  Roosevelt-Ravenna’s neighborhoods increreasing  This week: The median list price in Seattle’s Roosevelt-Ravenna neighborhood is $647,450   is up  from  last week’s $599,900.   Inventory has been decreasing lately but the Market-Action Index  (MAI see below chart) is also falling.  With days-on-market climbing, these are relatively negative implications for the market.    Supply and Demand The  Roosevelt-Ravenna real estate market stays  hot. but for how long?  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 levels.  Price The market continues its bounce again this week.   We’re a long way from the market’s high point so w... 12/09/2013

 Roosevelt-Ravenna’s real estate prices spike up slightly   This week: The median list price in Seattle’s Roosevelt-Ravenna neighborhood is $574,975   is up  from  last week’s $569,000.   With inventory and days-on-market basically unchanged and Market-Action Index  (MAI see below chart) increasing, the market is not sending strong directional signal for the near-term outlook. .   Supply and Demand The  Roosevelt-Ravenna 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 levels.  Price We continue to see little price change in the Roosevelt-Ravenna.  However, we continue to demonstrate a nice up trend in ... 11/28/2013

   Roosevelt-Ravenna’s real estate market displaying mixed signals   This week: The median list price in Seattle’s Roosevelt-Ravenna neighborhood is $569,000   is unchanged  from  last week’s $569,000.   With inventory and days-on-market basically unchanged and Market-Action Index  (MAI see below chart) decreasing, the market is not sending strong directional signal for the near-term outlook. .   Supply and Demand The  Roosevelt-Ravenna real estate market continues to get hotter.  More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices.  Currently supply and demand levels show no sign of prices changing from their current levels.  Price We continue to see little price change in the Roosevelt-Ravenna.  However, we continue to demonstrate a ... 11/22/2013

 Roosevelt-Ravenna real estate showing signs of  prices rising  This week: The median list price in Seattle’s Roosevelt-Ravenna neighborhood is $549,950   is up from  last week’s $499,950.   Inventory is tightening and days-on-market is falling. The  Market-Action Index  (MAI see below chart)  shows demand  heating up.  These are relatively bullish signs for prices.   Supply and Demand Home sales in the  Roosevelt-Ravenna 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 Home prices in the  Roosevelt-Ravenna have been on a downward trend recently and this week, whil... 10/13/2013

 Roosevelt-Ravenna real estate market moving meekly lower This week: The median list price in Seattle’s Roosevelt-Ravenna neighborhood is $499,950   is down slightly from  last week’s $509,950.   The  Market-Action Index  (MAI see below chart)  has been trending down lately,  indicating demand falling along with supply.  Conditions point to mildly negative trends for the market.   Supply and Demand Home sales in the  Roosevelt-Ravenna area 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 We continue to see real estate prices in the Roosevelt-Ravenna bounce around this plateau.  Look for a persistent up-shift in the Market A... 10/01/2013