Haller Lake’s real estate inventory and days-on-market both climbing
By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
Haller Lake’s real estate inventory and days-on-market both climbingThe median list price this week for Haller Lake real estate is $464,475 up from last week’s $449,000. The Market Action Index (see below MAI chart) has been trending down lately, while inventory and days-on-market are climbing. The trends imply a weakening market.Supply and DemandThe market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes it’s climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices. PriceWe continue to see prices in the Hal...
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