Juanita (Kirkland, WA)
By Joe Platz, Serving N. King and Snohomish County
(The Platz Group)
A huge-beautiful house in an undesirable area isn't going to sell for as much as it would in a more desirable area. The homes around it will drag the value down. On the flip side, if you buy the worst house in the best area every penny you spend on that home in renovations you will get back.   For example this home is a fixer in a very desirable neighborhood. This home is PERFECT for a flip. It is structurally sound but could use some cosmetic work.   This Jaunita neighborhood of Copperwood is a prized cul de sac showcasing this 1270 sqft 3 bedroom 1.75 bath rambler. This wrap around floorplan adds spaciousness with formal and informal living rooms and dining areas and a walk through kitchen. The deep driveway leads up to the two car garage complete with "man door" access to the fenced ...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                                                                                                                                                    Juanita-Holmes Point real estate inventory increasing    This Week The median list price this week for the Kirkland-Juanita area is $509,000 is up from last week’s $499,975.   The Market Action Index (MAI see below chart) has been trending down lately, while inventory and days-n-market are climbing.  The trends imply a weakening market. Supply and Demand The Juanita-Holmes Point 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 i...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                                                                                           Demand  for  Juanita real estate slipping    This Week The median list price this week for the Kirkland-Juanita area is $499,925 is down from last week’s $519,000.   The Market Action Index (MAI see below chart) has been trending down lately, while inventory and days-on-market are climbing.  The trends imply a weakening market. Supply and Demand The Juanita real estate 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.    Price Again this w...
Comments 2
By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                                                                                                                                  Demand slipping for homes in the Juanita neighborhood  This Week The median list price this week for the Kirkland-Juanita area is $520,000 is down from last week’s $554,000.   The Market Action Index (MAI see below chart) has been trending down lately, while inventory is climbing.   These trends suggest a weakening market.    Supply and Demand The Juanita real estate 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 pri...
Comments 1
By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                                                                                 Kirkland’s Juanita real estate market remains flat  This Week The median list price this week for the Kirkland-Juanita area is $565,000 is down from last week’s $595,000.   Demand measured by the Market Action Index (MAI see below chart) is increasing and days-on-market is trending downward.  Even as more properties come available, these are positive trends for the market.   Supply and Demand The  Juanita area real estate 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 sign...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                                                                                                                          Demand for Kirkland’s Juanita area real estate remains strong  This Week The median list price this week for the Kirkland-Juanita area is $595,000 is down from last week’s $630,000.   Demand measured by the Market Action Index (MAI see below chart) is increasing and days-on-market is trending downward.  Even as more properties come available, these are positive trends for the market.   Supply and Demand In the last few weeks the  Juanita area real estate 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 for changes in the MAI.  If the market heats up, pri...
Comments 1
By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                                                                                                              Demand for Kirkland's Juanita real estate tempers negative trends  This Week The median list price this week for the Kirkland-Juanita area is $595,000 down from last week’s $630,000.  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.  Supply and Demand The Juanita real estate market has been cooling over time and prices have recently flattened.   Despite the consistent decrease in MAI, we’re in the Seller’s zone.  Watch for changes in the MAI.  If the MAI resumes it’s climb, prices will likely follow suit.  If the MAI drops consistently ...
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