Blip not bust in Duvall’s real estate market
By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
Blip not bust in Duvall’s real estate market The median list price in Duvall, WA this week is $399,900 is up slightly from last week’s $388,900. The Market Action Index (MAI see chart below) has been trending lower lately, while days-on-market area climbing. The trends imply a weakening market. Supply and Demand The Duvall real estate market recently is showing signs of slowing. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it an be a leading indicator for price change. Price The Duvall real estate market has continued its price climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last. Duvall cur...
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