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Seattle, WA Real Estate News

By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
  Magnolia real estate demand and inventory both falling This Week:The median list price this week in Magnolia is $1,074,995 up from last week’s  list price of $999,972. The Market Action Index (see below MAI chart) has been trending down lately, indicating demand falling along with supply.  Conditions point to mildly negative trends for the market. Magnolia real estate supply and demand In the last few weeks the 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.Average days-on-market: 63 up  from last week’s 58 days.Percent of properties with price decreases: 32%  up   from last week’s...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
   Northwest Seattle’s real estate inventory tightening, demand up This Week: The median list price in northwest Seattle is $849,950 up from last week’s $762,500.  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 (109 days) up  from last week’s (102 days), asking price per square foot $316, median house size 2915 (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 ...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                                  Columbia City’s real estate  market is starting to show cooling signs   This Week:  The median list price this week in the Columbia City neighborhood  is $440,000 down from last week’s $444,950. Inventory is tightening and days-on-market is falling.  But  demand as measured by the Market Action Index (see MAI chart below) is also trending down.  The market is not giving strong up or down signals from these data.  Percent of properties with price decreases: 32%  up  from last week’s 30%. Average days-on-market: 68 days up  unchanged  last week’s 68 days.   Is it a good time to sell my home? Inventory levels in northeast Seattle at or near all time lows.   The key to maximizing your listing price is in the preparation and pricing.   For listing tips click...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                              Laurelhurst-Windermere’s real estate inventory and days-on-market both climbing This week:The median list price this week for the Laurelhurst-Windermere  area is $1,227,500 down from last week’s $1,325,000.  Inventory and days-on-market are both trending higher recently.  However, the improved Market Action Index (MAI see below chart) implies some increased demand will temper the negative trends. . Is it a good time to sell my home?Inventory levels in northeast Seattle at or near all time lows.   The key to maximizing your listing price is in the preparation and pricing.   For listing tips click here.                                                                           Supply and Demand                               Market conditions have been consiste...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
      Real estate demand and listing prices falling in northeast SeattleThis Week:The median list price in Northeast Seattle (zip code 98125) is $550,000 down from  last week’s $619,950.  Inventory has been decreasing lately but the Market Action Index (see MAI chart below) is falling also.  With days-on-market climbing, these are relatively negative implications for the market.  Check in  next week to see how the  housing market in northeast Seattle  is shaping up.Average days-on-market (DOM) 35 days up from last week’s (34.Percent of properties with price decreases 26% down  from last week’s 32%.  Is it a good time to sell my home?Inventory levels in northeast Seattle at or near all time lows.   The key to maximizing your listing price is in the preparation and pricing.   For listing ...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
 Haller Lake’s real estate market list prices continues to soarThe median list price this week for Haller Lake real estate  is $519,975 up from last week’s $507,475. Inventory is tightening and days-on-market is falling.  The Market Action Index (see below MAI chart) shows demand heating up.  These are relatively bullish signs for prices.Supply and DemandMarket conditions have been consistently cooling in the past several weeks.  Because we’re still in the Seller’s zone, prices have not yet begun to drop.  It may take a few more weeks of slack demand for prices to reflect and begin to fall.  Expect prices to fall if the index persistently falls to the Buyer’s zone.                                                                  PricePrices in the Haller Lake area hit another all time h...
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By JOE RYSTROM & TEAM, Real Estate Professionals
                                         Find Homes for Sale in South Lake Union, WA                      Welcome to South Lake Union! South Lake Union is a neighborhood in Seattle, Washington, so named because it is at the south tip of Lake Union. Once full of warehouses and light industrial buildings, used car lots South Lake Union is one of Seattle’s fastest developing neighborhoods, and is home to Amazon’s new campus home to Seattle’s life sciences and research community including Fred Hutchinson Cancer and Bristol Meyers.Supporting these heavy weights is a slew of up-and-coming restaurants, coffee shops and retailers who have recently moved into the fast-growing neighborhood. Having been thought through carefully, this neighborhood has yielded exceptional livable, walkable spaces w...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                                                    Laurelhurst-Windermere’s real estate inventory climbing  This week:The median list price this week for the Laurelhurst-Windermere  area is $1,325,000 down from last week’s $1,350,000.  The Market Action Index (MAI see below chart) has been trending down lately, while inventory is climbing.  These trends imply a weakening market. Is it a good time to sell my home?Inventory levels in northeast Seattle at or near all time lows.   The key to maximizing your listing price is in the preparation and pricing.   For listing tips click here.                                                                           Supply and Demand                               Market conditions have been consistently cooling in the past several weeks.  Because ...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
              Magnolia’s real estate market times down sufficiently This Week:The median list price this week in Magnolia is $999,972 down from last week’s  list price of $1,022,498. Inventory has been lightening lately and the Market Action Index (see below MAI chart) has been trending down up.  These are mildly positive indications for the market. . Magnolia real estate supply and demand The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result.  Expect this trend to continue especially if the index falls to the Buyer’s zone.  Watch for a persistent up-turn in Market Action to signal prices rising again.Average days-on-market: 58 down  from last week’s 80 days.Percent of properties with pri...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
  Mixed signals for northwest Seattle’s real estate market This Week: The median list price in northwest Seattle is $762,500 up from last week’s $740,000.  Inventory has been decreasing lately but the Market Action Index  (see below MAI chart) is falling also.  With days -on-market climbing, these are relatively negative implications for the market. Average days-on-market (111 days)  up  from last week’s (98 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 remain roughly...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
       Northeast Seattle’s  real estate inventory lightens, prices up This Week:The median list price in Northeast Seattle (zip code 98125) is $629,450 up from  last week’s $619,950.  Inventory has been decreasing lately but the Market Action Index  is falling also (see MAI chart below).  With days-on-market climbing, these are relatively negative implications for the market.  Check in  next week to see how the  housing market in northeast Seattle  is shaping up.Average days-on-market (DOM) 42 days up from last week’s (34).Percent of properties with price decreases 33% up  from last week’s 32%.  Is it a good time to sell my home?Inventory levels in northeast Seattle at or near all time lows.   The key to maximizing your listing price is in the preparation and pricing.   For listing tips...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
The real estate market in the Roosevelt-Ravenna-Maple Leaf neighborhoods remains flatThis week:The median list price in Seattle’s Roosevelt-Ravenna Maple Leaf neighborhoods is $674,000 down from last week’s $717,475. Inventory has been decreasing lately but the Market Action Index (see MAI chart below) is falling also.  With days-on-market climbing, these are relatively negative implications for the market.Supply and DemandThe market has been cooling over time and prices have recently flattened.  Despite the consistent decrease in Market Action Index, we’re in a Seller’s Market.  If the MAI begins to climb, prices will  likely follow suit.  If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.Is it a good time to sell my home?Inventory leve...
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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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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
      Northeast Seattle’s  real estate market hitting a few snags This Week:The median list price in Northeast Seattle (zip code 98125) is $619,950 up from  last week’s $560,000.  Inventory has been decreasing lately but the Market Action Index (see MAI chart below) if falling also.  With days-on-market climbing, these are relatively negative implications for the market.  Check in  next week to see how the  housing market in northeast Seattle  is shaping up.Average days-on-market (DOM) 34 days up from last week’s (32).Percent of properties with price decreases 32% up  from last week’s 30%.  Is it a good time to sell my home?Inventory levels in northeast Seattle at or near all time lows.   The key to maximizing your listing price is in the preparation and pricing.   For listing tips clic...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
  Haller Lake’s real estate market showing some negative signs The median list price this week for Haller Lake real estate  is $507,475 up from last week’s $501,975. Inventory has been decreasing  lately but the Market Action Index (see below MAI chart) if falling also. With days-on-market climbing, these are relatively negative implications for the market.Supply and DemandMarket conditions have been consistently cooling in the past several weeks.  Because we’re still in the Seller’s zone, prices have not yet begun to drop.  It may take a few more weeks of slack demand for prices to reflect and begin to fall.  Expect prices to fall if the index persistently falls to the Buyer’s zone.                                                          PricePrices in the Haller Lake area hit another...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
Northwest Seattle’s real estate market displaying some increasing buyer demand This Week: The median list price in northwest Seattle is $787,000 down from last week’s $799,975.  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 (89 days)  up  from last week’s (76 days), asking price per square foot $304, median house size 2960 (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 nor...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                                                     Buyer demand fueling Laurelhurst-Windermere’s real estate market This week:The median list price this week for the Laurelhurst-Windermere  area is $1,350,000 up from last week’s $940,000.  Inventory and days-on-market are both trending higher recently.  However, the improving Market Action Index (MAI see below chart) implies some increased demand will temper the negative trends. Is it a good time to sell my home?Inventory levels in northeast Seattle at or near all time lows.   The key to maximizing your listing price is in the preparation and pricing.   For listing tips click here.                                                                           Supply and Demand                                The market has been cooling off ...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
The Roosevelt-Ravenna-Maple Leaf real estate market starting to see some headwinds This week:The median list price in Seattle’s Roosevelt-Ravenna Maple Leaf neighborhoods is $717,475  up from last week’s $650,000. Inventory has been decreasing lately but the Market Action Index (see MAI chart below) is falling also.  With days-on-market climbing, these are relatively negative implications for the market.Supply and Demand The market has been cooling over time and prices have recently flattened.  Despite the consistent decrease in Market Action Index, we’re in a Seller’s Market.  If the MAI begins to climb, prices will  likely follow suit.  If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.Is it a good time to sell my home?Inventory levels...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                                                                Demand for  Columbia City’s real estate  decreasing    This Week:  The median list price this week in the Columbia City neighborhood  is $444,950 down from last week’s $447,000. Inventory is tightening and days-on-market is falling.  But  demand as measured by the Market Action Index (see MAI chart below) is also trending down.  The market is not giving strong up or down signals from these data.  Percent of properties with price decreases: 30%  down  from last week’s 38%. Average days-on-market: 68 days up  unchanged  last week’s 68 days.   Is it a good time to sell my home? Inventory levels in northeast Seattle at or near all time lows.   The key to maximizing your listing price is in the preparation and pricing.   For lis...
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