At the risk of speaking too soon, inventory may be peaking. Not surprising since we’re going into the winter, the soft season for real estate.
Inventory is loosely related to prices, so there may be some movement there as well. Mercer Island has generally held strong, though with plenty of price reductions around.
But then again, prices are loosely related to everything, including the presidential campaign and the availability of parking at the Park and Ride, so who the heck knows.