Real estate market in the Roosevelt-Ravenna-Maple Leaf area holding steady
By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
Real estate market in the Roosevelt-Ravenna-Maple Leaf area holding steadyThis week:The median list price in Seattle’s Roosevelt-Ravenna Maple Leaf neighborhoods is $650,000 down from last week’s $662,500. The Market Action Index (see MAI chart below) is increasing and days-on-market is holding steady. With more properties coming available, conditions are mildly positive.Supply and DemandIn 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 esume an upward climb.Is it a good time to sell my home?Inventory levels in northeast Seattle at or near all time lows. The key to maximizing you...
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