Debra Sinick

Latest Real Estate Buzz in the Kirkland Highlands, 12-14-09

In buyers, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers on December 15, 2009 at 9:56 am

The number of homes for sale on Seattle’s eastside, 2943, is the lowest we’ve seen since the spring of 2007.  March, 2007 was the last time the number of homes for sale on the eastside was under 3000!    With the extension of the home buyer tax credit and the lower numbers of homes for sale, if you’re going to sell your home, get started now, rather than later in 2010.

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 (22)

New listings: 0 (0)

Pending inspection: 2 (0)

Pending: 0 (0)

Closed Sales: 1 (1)

Number of Price Reductions: 1  (1)

Price increase: 0(0)

Homes off the market that did not sell: 1 (2)

———————————–

0-$349,999: 1 (1)

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

$500,000-$749,999:  7 (8)

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

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

$1,500,000- $2,999,999: 0 (0)
———————————–
Average Price of homes for sale: $662,601($667,906)

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

Average Days on Market:  132 (137)

Highest Priced Listing: $1,150,000 ($1,250,000)

Lowest Priced Listing: $299,000 ($285,000)

________________________________

Closed Sales:

$1,070,000, last asking price $1,225,000, original asking price $1,749,900, sold in 313 days for 39% below the original asking price.

Peak in the number of homes for sale in 2009:

7-27-09  13,861

Now:

12-14-09 11,335

****The smallest number of homes and condos for sale all year!****

————————–

5 Town homes on the market

1 pending town home sale


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