Debra Sinick

Latest Real Estate Buzz in The Kirkland Highlands, 11-16-09

In buyers, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate on November 16, 2009 at 3:35 pm

Homes are selling in Kirkland! The number of Kirkland Highlands homes for sale has dropped significantly as there are a third less homes on the market than just a few months ago.  Four homes  received offers in the last two weeks, so homes are moving. Homes receiving offers in the last two weeks ranged from the high 300’s to just over one million dollars.

The first time home buyer tax credit has been expanded and extended, which is great news for home sellers.  If you plan to make a move and are buying a home under $800,000, then you may be eligible to receive a tax credit.

The real estate statistics below reflect the activity in The Kirkland Highlands for the past two weeks. All data is taken from the NWMLS through Monday.

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.

Numbers in parentheses are from the last report:

Active Listings: 22 (25)

New listings: 0 (1)

Pending inspection: 0 (2)

Pending: 4 (0)

Closed Sales: 1 (0)

Number of Price Reductions: 1  (2)

Price increase: 0(0)

Homes off the market that did not sell: 1 (5)

———————————–

0-$349,999: 1 (1)

$350,000-$499,999: 7 (7)

$500,000-$749,999:  7 (9)

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

$1,000,000- $1,499,999: 0 (1)

$1,500,000- $2,999,999: 0 (0)
———————————–
Average Price of homes for sale: $653,891($656,175)

Median Price of homes for sale: $709,470 ($699,990)

Average Days on Market:  152 (141)

Highest Priced Listing: $1,250,000 ($1,250,000)

Lowest Priced Listing: $285,000 ($285,000)

________________________________

Closed Sales:

$375,000 final asking price 379,500, original asking price $379,500, sold in 34 days for 1.5% below the original asking price.

Peak in the number of homes for sale in 2009:

7-27-09  13,861

Now:

11-16-09 12,186  The least number of homes and condos for sale since January of this year!

————————–

7 Town homes on the market

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