Juanita in Kirkland Washington Months of Inventory September 2013

By , October 8, 2013

Juanita in Kirkland Washington Months of Inventory September 2013

 
One gauge that we use is called “Months of Inventory” which is a term we use that captures the absorption  rate in the market. That is,  what is the amount of time it would take to sell all current listings
at the current sales pace if no new listings became available?

In January 2013 Months of Inventory for single-family homes in Juanita was two months of inventory in the start of the year which was advantageous to sellers. It held steady through June 2013 then in July 2013 it rose to 9 months of inventory which was in the favor of buyers. As of September 2013 that number has decreased down to two months of inventory which is back in the favor of sellers:

Juanita in Kirkland Washington

Juanita in Kirkland Washington

 

Juanita in Kirkland Washington

Juanita in Kirkland Washington

There is no crystal ball that will predict the real estate market in the future. These numbers can change at any time and really depends on the people… supply and demand.

 

If you are thinking about selling your home in Juanita this may be a great time to sell.

Contact us for a FREE market analysis at (425) 290-3114.

 

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 * Source: Northwest Multiple Listing Service (NWMLS.) The NWMLS did not compile or publish this information. Information is believed to be accurate but should not be relied upon without verification.

 

One Response to “Juanita in Kirkland Washington Months of Inventory September 2013”

  1. […] is similar for single-family homes in Juanita. You can read my latest report here. There is no crystal ball that will predict the real estate market in the future. These numbers can […]

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