Debra Sinick

Weekly Real Estate Buzz in The Kirkland Highlands Through October 9th, 2008

In Kirkland News, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers, Weekly market update on October 9, 2008 at 4:57 pm

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

Active Listings:  26 (25)

New listings:  1  (1)

Re-listed properties: 0  (0)

Pending inspection:  0 (0) 

Pending:  0 (0)

Closed Sales: 0   (2)

Contingent sale:0  (0)

Number of Price Reductions:0 (2)

Cancelled listings 0  (1)

Expired Listings:0  (0)

Temporarily Off Market:  0 (0)

Price increase:  0(0)

Back on market: 0 (0)

Rented: 0 (0)

———————————–

0-$349,999:   1 (1)

$350,000-$499,999: 5 (5)

$500,000-$749,999:    8 (7)

$750,000-$999,999:  10 (10)

$1,000,000- $1,499,999:  1 (1)

$1,500,000- $2,999,999:   1 (1)
———————————–
Average Price: $717,121 ($724,804)

Median Price:   $679,000 ($699,000)

Average Days on Market: 112 (111)

Highest Priced Listing: $1,599,000 ($1,599,000)

Lowest Priced Listing: $345,000 ($345,000)

All quiet on the Kirkland Highlands’ real estate front.  There was only one change to the real estate statistics since last week, the addition of one home for sale.  The number of homes available in the Highlands now stands at 26.  There were no other changes in real estate activity for this week. 

The real estate news for King County in general shows a decrease in inventory, we are back down to early June, 2008 totals, and an increase in pending sales in September.  Times are certainly different, no doubt, but if anything like the past holds true, competition may lessen as we get closer to the end of the year, which may help those sellers who want or need to sell. 

Are homes selling?  I analyzed my real estate activity for the year, which happened in a variety of eastside neighborhoods and found homeowners making moves for all the typical reasons.  As hard as things are right now with the economy, there are still people who want and need to make a move.

Town homes/condos:

4 active townlistings home/condo

 

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