Debra Sinick

Latest Kirkland Highlands Real Estate Buzz, 2-1-10

In buyers, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers on February 1, 2010 at 5:46 pm

Homes are selling in The Kirkland Highlands. There’s been really great real estate activity recently and homes are selling well. Homes received offers this week priced from the $400s to the 800’s.

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 of 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.

Numbers in parentheses are from the last report:

Active Listings: 21 (21)

New listings: 3 (1)

Pending inspection: 4 (0)

Pending: 1 (2)

Closed Sales: 1 (1)

Number of Price Reductions: 1  (1)

Price increase: 0(0)

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

———————————–

0-$349,999: 0 (0)

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

$500,000-$749,999:  8 (7)

$750,000-$999,999: 5 (7)

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

$1,500,000- $2,999,999: 0 (0)
———————————–
Average Price of homes for sale: $619,410 ($649,351)

Median Price of homes for sale: $679,970 ($699,990)

Average Days on Market:  69  (64)

Highest Priced Listing: $881,550 ($899,950)

Lowest Priced Listing: $359,950 ($369,950)

________________________________

Closed Sales:

$359,950 Last asking price: $359,950, first asking price: $359,950, sold in 72 days for full price.

Peak in the number of homes for sale in 2009:

7-27-09  13,861

Now:

2-1-09  10,735  There’s about 1000 more homes on the market now than on January 1st of this year.  The number will begin increasing as the year goes on as you can see from last year’s activity.  With the home buyer tax credit and lower number of homes for sale, it’s probably the best time of the year to sell a home in Kirkland.

Number of King County Properties for Sale, 2-01-10

Number of King County Properties for Sale, 2-01-10

————————–

5 Town homes on the market

1 town home new on the market

I town home is now pending with an offer

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