Debra Sinick

Weekly Real Estate Buzz in The Kirkland Highlands Through May 20th, 2009

In buyers, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers, Weekly market update on May 21, 2009 at 3:29 pm

The real estate statistics below reflect the real estate activity in The Kirkland Highlands for the past week and all data is taken from the NWMLS through Thursday morning each week.  (Wednesday this week!)

The map shows most of the outline of Kirkland’s Highlands neighborhood. The map address is simply for a street corner in the middle of the Kirkland Highlands. For those not familiar with the neighborhood, it’s a pocket of unique homes close to downtown Kirkland. In some ways it feels like an island, because it’s separated on the east by 405, the south by Central Way (the main route to downtown) and the west and north by the BNSF railroad tracks. The neighborhood has the best of both worlds, a little isolation without any through traffic, but just seconds from everything.

The map shows most of the outline of Kirkland’s Highlands neighborhood. The map address is simply for a street corner in the middle of the Kirkland Highlands. For those not familiar with the neighborhood, it’s a pocket of unique homes close to downtown Kirkland. In some ways it feels like an island, because it’s separated on the east by 405, the south by Central Way (the main route to downtown) and the west and north by the BNSF railroad tracks. The neighborhood has the best of both worlds, a little isolation without any through traffic, but just seconds from everything.

Active Listings: 30 (30)

New listings: 0 (4)

Re-listed properties:  0 (1)

Pending inspection: 0 (1)

Pending: 0 (1)

Closed Sales: 0 (1)

Contingent sale: 0 (0)

Number of Price Reductions:  1 (0)

Canceled listings 0 (1)

Expired Listings: 0 (0)

Temporarily Off Market: 0 (0)

Price increase: 0(0)

Back on market: 0 (0)

Rented: 0 (0)

Sale Fail: 0 (0)

———————————–

0-$349,999: 1 (1)

$350,000-$499,999: 6 (6)

$500,000-$749,999:12 (12)

$750,000-$999,999: 7 (7)

$1,000,000- $1,499,999: 3 (3)

$1,500,000- $2,999,999: 1 (1)
———————————–
Average Price of homes for sale: $717,922 ($718,605)

Median Price of homes for sale: $713,250 ($713,250)

Average Days on Market: 92 (86)

Highest Priced Listing: $1,795,000 ($1,795,000)

Lowest Priced Listing: $299,950 ($319,950)

Townhomes/condos

3  town homes listed

A quiet real estate week in the Kirkland Highlands with very little activity.  One home for sale in the Kirkland Highlands reduced its price by $20,000 to $299,000.  But take heart, I believe the market will be stronger with more homes selling in the coming months.  Hopefully, prices will stabilize at the same time.

Much press has been written to support this uptick in Seattle-Eastside real estate sales and activity.  Aubrey Cohen referenced the more positive Seattle-Eastside market on the Seattle PI.com blog.

Have a great weekend and Happy Memorial Day.  Get out and enjoy the sun and support the 7 Hills of Kirkland Bike Race this weekend.  It’s a fun time and a fund raiser for KITH, Kirkland Interfaith Transitions in Housing.

“KITH’s mission is to assist individuals and families on the Eastside who are caught in a homelessness crisis.”

It looks like the 7 Hills is a pretty challenging race with riders heading around the perimeter of Kirkland.  I think all the best hills in Kirkland were found for this race!   The riders won’t be near the Highlands, but will head back from east of 405 down on NE 60th to the boulevard.  It should be pretty exciting.  Expect to see bikers whizzing by.


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