Duvall’s real estate market remains stable
By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
Duvall’s real estate market remains stable This Week- The median list price in Duvall, WA this week is $334,950 down slightly from last week’s $334,995. Inventory is tightening and days-on-market is falling. The Market Action Index shows demand heating up. These are relatively bullish signs for prices. Supply and Demand Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing. Price The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of the trend. Duvall curr...
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