Real estate listings prices spike this week in northwest Seattle
By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
Real estate listings prices spike this week in northwest Seattle This Week: The median list price in northwest Seattle is $849,950 up from last week’s $740,000. Inventory has been tightening and days-on-market increasing recently. The Market Action Index (see below MAI chart) has been basically flat, not providing strong indication for market conditions. Average days-on-market (106 days) up from last week’s (98 days), asking price per square foot $310, median house size 2880 (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 the trend continues. Price Prices in northwest Seattle are remaining at a plateau...
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