Debra Sinick

Weekly Real Estate Buzz in The Kirkland Highlands Through July, 24th, 2008

In Kirkland News, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers, Weekly market update on July 25, 2008 at 5:36 pm

(Numbers in parentheses are for last week’s data.  This week’s data is reported through Thursday each week.)

Active Listings:  28 (31)

New listings:  1 (4)

Re-listed properties:  1 (0)

Pending inspection: 2 (2) 

Pending:  0 (1)

Closed Sales:   1 (0)

Contingent sale: 0(0)

Number of Price Reductions:2 (2)

Cancelled listings 1 (0)

Expired Listings:3  (1)

Temporarily Off Market:  0(0)

Price increase:  0(0)

Back on market: 0 (0)

———————————–

0-$349,999:   0(0)

$350,000-$499,999: 6 (7)

$500,000-$749,999:    5 (6)

$750,000-$999,999:  8 (8)

$1,000,000- $1,499,999:  6 (6)

$1,500,000- $2,999,999:   3 (4)
———————————–
Average Price: $865,468 ($889,000)

Median Price:   $864,103 ($869,000)

Average Days on Market: 82(82)

Highest Priced Listing: $1,725,000 ($2,299,000)

Lowest Priced Listing: $362,500 ($362,500

The closed sale of the week was in Edwards Place.  The three bedroom, 1.75 bath home sold for $373,300, list price of $374,500 with original sales price of $398,250, sold in 26 days for 7% below the original asking price.

Town homes/condos:

5 Active town home/condo listings

One new listing at $569,900 for 1300 square feet with a view.

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