Magnolia (Seattle, WA)
By Shawn McNeal, Shawn McNeal
(Remax Eastside Brokers)
   Homes For Salein the MagnoliaBlvd WNeighborhoodSeattle WA      Credit to Photo Owner   Why do you want to live here?  Magnolia Blvd W is one of the nice neighborhood in Seattle Washington, with median real estate price of $1,060,967, which is higher than 98.0% of the neighborhoods in Washington and 97.7% of the neighborhoods in the U.S.  What's the Neighborhood Like? The main houses in this neighborhood are made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Magnolia Blvd W neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.  What is going on Nearby Magnolia Blvd W Neighborhoo...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
  Magnolia real estate demand and inventory both falling This Week:The median list price this week in Magnolia is $1,074,995 up from last week’s  list price of $999,972. The Market Action Index (see below MAI chart) has been trending down lately, indicating demand falling along with supply.  Conditions point to mildly negative trends for the market. Magnolia real estate supply and demand In the last few weeks the 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 changes in the MAI.  If the market heats up, prices are likely to resume an upward climb.Average days-on-market: 63 up  from last week’s 58 days.Percent of properties with price decreases: 32%  up   from last week’s...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
              Magnolia’s real estate market times down sufficiently This Week:The median list price this week in Magnolia is $999,972 down from last week’s  list price of $1,022,498. Inventory has been lightening lately and the Market Action Index (see below MAI chart) has been trending down up.  These are mildly positive indications for the market. . Magnolia real estate supply and demand The 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.Average days-on-market: 58 down  from last week’s 80 days.Percent of properties with pri...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
                           Magnolia’s real estate market starting to show signs of weakeningThis Week:The median list price this week in Magnolia is $895,000 down from last week’s  list price of $948,500. Inventory and days-on-market are climbing, while the Market Action Index (see below MAI chart) has been flat recently.  The trends point to a weakening market. Magnolia real estate supply and demand The 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.Average days-on-market: 74 up  from last week’s 64 days.Percent of properties...
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By Courtney Cooper, 206-850-8841
(Cooper | Cartwright)
We just listed this Magnolia town house.  Curious about where it is?3455 21st Ave W Seattle, WA 98199 Just off of Gilman and near the Expedia headquarters is a great pocket of modern sleek Magnolia townhomes. We just listed one of those for $450,000 which is an incredibly affordable price for a 3 bedroom townhome in Magnolia.  It's a great price for Magnolia real estate in general and a fabulous opportunity to earn some instant equity.  It is close to Whole Foods in Interbay and offers a fabulous commute if you work in city and enjoy the perks of urban living, but also like to be somewhat away from it all.  Magnolia is that community. From the NWMLS Listing sheet: Enjoy no dues in this convenient Magnolia setting. 3 beds, 2.5 baths, new carpet, energy efficient hot water heat, stainless...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
    Magnolia’s real estate market slowing, still in the Seller’s zone  This Week:The median list price this week in Magnolia is $900,000 down from last week’s  list price of $1,087,495.  Inventory has been decreasing lately but the Market Action Index (see MAI chart below) is falling also. With days-on-market climbing, these are relatively negative implications for the market. MAGNOLIA REAL ESTATE SUPPLY AND DEMANDIn the last few weeks the 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 changes in the MAI, if the market heats up, prices are likely to resume an upward climb. Average days-on-market: 84  unchanged    from last week’s 84 days.Percent of properties with price d...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
    Magnolia’s real estate market displaying some positive trendsThis Week:The median list price this week in Magnolia is $992,498 up from last week’s  list price of $892,000.  Inventory is tightening and days-on-market is falling.  The Market Action Index (see MAI chart below) shows demand heating up.  These are relatively bullish signs for prices. MAGNOLIA REAL ESTATE SUPPLY AND DEMANDHome sales have been exceeding new inventory for several weeks.  However prices have not yet stopped falling.  Since the market is already in the Seller’s zone, expect prices to level off very soon.  Should the sales trend continue expect that prices could climb from there.Average days-on-market: 64 unchanged   from last week’s 64 days.Percent of properties with price decreases: 18%  down  from last week...
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