Debra Sinick

Weekly Real Estate Buzz in The Kirkland Highlands Through April 25th, 2008

In buyers, Kirkland News, Kirkland WA, market statistics, sellers, Weekly market update on April 26, 2008 at 9:49 am

Update post it

 (Numbers in red are for last week’s data)

Active Listings:   26(27)

New listings:  2(1)

Re-listed properties: 0(0)

Sold subject to inspection:  2(0) 

Pending:  0(0)

Closed Sales:   1(0)

Contingent sale: 0(0)

Number of Price Reductions:  0(0)

Cancelled listings 1(0)

Expired Listings: 0(1)

Temporarily Off Market:  0(0)

Price increase:  0(0)

Back on market: 0(0)


0-$349,999:   0(0)

$350,000-$499,999:   1(1)

$500,000-$749,999:    8 (8)

$750,000-$999,999:  9 (10)

$1,000,000- $1,499,999:   4(5)

$1,500,000- $2,999,999:   4(3)
Average Price: $993,840 ($968,811)

Median Price:   $869,473(869,000)

Market: 63(60)

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

Lowest Priced Listing: $489,000 ($489,000)

This week’s analysis of the weekly real estate buzz:

This week there’s one less home on the market in the Highlands, although there are two new listings.  Two homes received offers this week and are now sold subject to inspection. One listing was cancelled and taken off the market.  One home sale closed, the new home owner moved in, and the price is now public.  The home sold for 13% below the original asking price of $824,950 with a sales price of $722,000.

New listings:

(Homes new on the market this week)

$512,850 small remodeled condo alternative with fabulous view.  Condo alternative and lot value.

$1,749,000 remodeled view home with 4200+ sq. ft., 5 bedrooms, 4.25 baths.

Homes sold subject to inspection:

(homes that received an offer, but still have to go through a buyer’s inspection)

$684,900 Highland Creste two story with a basement, 3210 sq. ft, 4 bedrooms, 3.5 baths.

$795,000 remodeled daylight rambler with a view.

Pending sales:

(homes that have had the inspection resolved between the buyer and seller)

None this week.

Closed sales:

(Homes in which the ownership has changed hands and the new owner has moved in)

$722,000 Highland Creste home listed at $725,000 with the original list price of $824,950.   Sold in 262 days for 13 % below the original asking price.

Sold contingent:

(Home sales in which the buyer still needs to sell their home in order to buy the new home)

None this week.

Price reductions:

None this week.

Price increases:

None this week.

Expired listings:

(The contract to sell the home has expired)

None this week.

Cancelled listings:

(The seller has taken the home off the market)

$1,100,000 for a Martha’s Vineyard two story home with 4 bedrooms and 3.5 baths.

Temporarily off the market:

(The seller has taken the home temporarily off the market.

None this week.


Town homes/ condos:

7 currently homes currently on the market

New listing:

$725,000 3 bedrooms, 2.5 baths, 2000 sq ft in Highland Creek.




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