Debra Sinick

Weekly Real Estate Buzz in The Kirkland Highlands through March 21st, 2008

In buyers, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, services on March 21, 2008 at 8:43 pm

Update post-it 

Active Listings:   24(25)

 

New listings:  1(1) 
Sold subject to inspection:  1(1) 

 

Pending:  2(0)

Closed Sales:   1(1)

Contingent sale: 0(1)

Number of Price Reductions:  3(1)

Cancelled listings 0(0)

Expired Listings 0 (0)

Temporarily Off Market  0(0)

Price increase  0(1)

Back on market 1 (0)

———————————–

0-$349,999:   0(0)

$350,000-$499,999:   2(3)

$500,000-$749,999:    6(5)

$750,000-$999,999:  10(11)

$1,000,000- $1,499,999:   3(3)

$1,500,000- $2,999,999:   3(3)
———————————–
Average Price: $962,900($961,464)
Median Price:   $875,300(873,550)

Market: 97(87)

Highest Priced Listing: $2,299,950 ($2,299,950)

Lowest Priced Listing: $440,000 ($440,000)

My analysis of this week’s real estate buzz (through midday Friday):

There’s one new listing and one property back on the market because of a failed sale. One home received an offer, two homes are pending, and one home sale is closed. 

New listings:

 $500,000 remodeled two story in Edwards Place with 1600+ square feet.

Homes receiving offers:

$869,000 two story on NE 100th with 3200+ square feet, built in 2001. On market for 18 days.

Homes sold contingent:

(The buyer has to sell their home as a condition of the sale.)

$722,000 Highlande Creste two story with a basement, 2810  square feet, 4 bedrooms/3.5 baths.

Homes that are pending sales:

(home sales in which the inspection has been satisfied)

$440,000 1 1/2 story home buildt in 1963, backs to Extreme Makeover Home, remodel potential or land buy. On the market for 227 days.

$699,000 Highlande Creste, 2800 square foot two story with 4 bedrooms/3.5 baths.

 

Price reductions:

$545,000 in Hidden Hills for a tri-level, down about $5000 or 1%.

$649,950 down from $674,950 for a home in Waterwheel Park with the garage converted to living space.

$699,900 Highland Creste, two story with a basement, originally priced at $765,000.

Closed sales:

(Homes in which the new owner has moved in!)

$569,950 remodeled mid-entry home sold for Full Price in 8 days.

___________________________________________________

Town homes/condos

5  town homes currently on the market

New listings:

Sold subject to inspection:

Pending:

Price reduced:

No new activity in the above categories.

Closed sales:

 $595,000 town home in High Pointe,  2300 square foot town home with 3 bedrooms/ 2.5 baths, and a view.      Original list price of $628,000.  Home sold for 6% below the original list price.

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