Demand slipping for homes in the Juanita neighborhood
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...
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