How’s the Market? Here is your real-time market trend data for Willow Glen for the week of March 5, 2018.
Demand measured by the Market Action Index is increasing and
days-on-market is holding steady. With more properties coming
available, conditions are mildly positive.
Supply & Demand
The market has been cooling over time and prices plateaued for a
while. Despite the consistent decrease in MAI, we’re in the Seller’s
zone. Watch for changes in MAI. If the MAI resumes it’s climb, prices
will likely follow suit. If the MAI drops consistently or falls into the
Buyer’s zone, watch for downward pressure on prices.
If you would like a full market analysis for your home or to understand the trends in your buying search, please contact the Myrick Estates Team today!