Roosevelt-Ravenna-Maple Leaf’s real estate showing mixed signals
By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
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...