Real estate listings times increasing in northwest Seattle
By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
Real estate listings times increasing in northwest Seattle This Week: The median list price in northwest Seattle is $740,000 down from last week’s $787,000. 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. Average days-on-market (98 days) up from last week’s (89 days), asking price per square foot $304, median house size 2910 (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 Again this week we see prices in northwest Seattle rem...
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