Debra Sinick

Hot Price Range of the Week for Kirkland Home Sales, 2-3-10

In Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers on February 4, 2010 at 11:57 pm

The hot price range of the week in Kirkland?   $400-499,999

  • Most number of home sales in Kirkland: $400-499,999  5 sales.
  • Most number of homes for sale  $700-799,999 ( a new price range for this category)  39 homes, $400-499,999 is right behind it with 38 homes for sale.
  • There were 310 homes for sale in Kirkland and 20 homes sold last week.  There’s been great real estate sales activity each week of 2010.
  • Most number of homes for sale in the last 7 weeks:  12-23-09,  334 homes for sale.
  • Highest number of homes sold in Kirkland in the last 7 weeks:  1-20-10,  with 24 homes sold.

  • Peak  of homes and condos for sale in King County in 2009?
  • July 27th marked a high of 13,861 homes and condos for sale in King County.
  • Week of 1-18-10   10,735  A few less than last week, but 1000 more homes and condos for sale in King  County than the first week of the year.

There are only 84 days left to use the home buyer’s tax credit. If you’re going to sell your home, do it soon, so you can take advantage of more buyer activity.  For Kirkland home sellers, there’s less homes to compete with and more homes are selling.  The buyers benefit from the 2010 home buyer tax credit and great interest rates.  Is the best win-win situation we’ve seen in real estate for years.  Home buyers and sellers both benefit in this real estate market.

Buyers, if you want to buy, start looking soon, so you’re not rushed to buy a home during the last weeks of April.  If you start now, you’ll be able to learn the market and choose the home that works best for you.

Kirkland Home Sales  2-3-10

Kirkland Real Estate Sales, 2-3-10


This chart is updated weekly by (Windermere Real Estate/East, Inc., using MLS data) to show the price ranges of the homes sold each week.  Here’s how it’s set up:The colors show who has the advantage in a particular price range.

  • Green means the buyer has the advantage with many homes to choose from and not that many selling.
  • Yellow means the number of homes for sale and the number of sales in the price range is balanced between the buyer and the seller.
  • Red indicates a sellers’ market where the seller may have the advantage as more homes are selling when compared to what’s available.
Down the side of the chart, the home sales activity is broken down into a price bracket of $99,999. All the homes priced between $400,000-499,999, as an example, are put together in one price category in the chart.
Across the top, the chart is broken down into real estate activity by the week.If you take the $400-499,999 line and follow it across the chart, you’ll see what has happened each of the last seven weeks.  There are three columns under each week. On the left side of the column is the number of homes for sale in Kirkland.  The middle column shows how many homes sold that week, and the final column under the date shows the months supply of homes for sale.  In other words, if no other homes came up for sale, it would take an average of 2.0 months to sell all the homes in the $400-499,999 price range.The last section shows the 7 week average of each category, the number of homes for sale, the number sold, and the months supply.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: