Debra Sinick

Weekly Real Estate Buzz in Kirkland’s Highlands through May 9th, 2008

In buyers, Kirkland News, Kirkland WA, Kirkland, WA Real Estate, market statistics, sellers, Weekly market update on May 10, 2008 at 6:41 pm

Update post it

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

Active Listings:   29(26)

New listings:  1(1)

Re-listed properties: 2(0)

Sold subject to inspection:  0(0) 

Pending:  1(1)

Closed Sales:   1(1)

Contingent sale: 0(0)

Number of Price Reductions:  1(0)

Cancelled listings 0(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:   3(2)

$500,000-$749,999:    9 (8)

$750,000-$999,999:  9 (9)

$1,000,000- $1,499,999:   4(4)

$1,500,000- $2,999,999:   4(4)
Average Price: $937,260 ($921,723)

Median Price:   $859,205($864,103)

Average Days on Market: 63(63)

Highest Priced Listing: $2,299,000 ($1,890,000)

Lowest Priced Listing: $399,950 ($424,900)

This week’s real estate buzz:

New listings:

(Homes new on the market this week)

$529,900 1800 sq ft home, 4 bedrooms, 1.75 baths

Homes sold subject to inspection:

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

None this week.

Pending sales:

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

$795,000 daylight basement rambler with view, 3180 sq ft, 4 bedrooms, 3 baths.

Closed sales:

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

$782,500 contemporary two story with 2200+ sq ft. and view.   Sold in 291 days for 12% below the original asking price of $879,000.

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:

$664,950 down from $679,000, 2350 sq ft view home.

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)

None this week.

Temporarily off the market:

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

None this week.


Town homes/ condos:

7  homes currently on the market

New listing:

None this week.

Expired listings:

None this week.

Pending listings:

None this week.

Price reductions:

$479,000 down from $489,000



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