Debra Sinick

Hot Sales Price for Kirkland, WA Homes 3-17-10

In buyers, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers on March 22, 2010 at 1:07 pm

Okay, I am a bit late with my “hot” Kirkland real estate updates, but it’s been a busy real estate world coupled with the fact that I spent all day Friday at Seattle’s Real Estate Bar Camp.  No, it’s not a camp or a bar, although someone thought I might be learning how to make martinis!  Bar Camp is a great way to learn the latest real estate technology.  Believe me, my head was swimming, but I came away with a lot of great information, which I hope to use in my real estate business.

By the way, King County real estate was hopping last week:

Second best week in King County since 07-18-07.  Year to date sales up 64%
Second best week on the Eastside since 07-18-07 .  Year to date up 98%!!

Kirkland home sales, hot price range of the week:  $600-799,999.

  • Most number of home sales in Kirkland: $600-699,999  4  sales
  • Most number of homes for sale:  $1,000,000-1,499,999   42 homes for sale just squeaking by two other prices ranges with 41 homes for sale.
  • There were 340 homes for sale in Kirkland and 15 homes sold last week.  Fifteen more homes were for sale and 7 less homes sold this past week than the previous week.
  • Most number of homes for sale in the last 7 weeks:  this week, with 340 homes for sale.
  • Highest number of homes sold in Kirkland in the last 7 weeks:  3-10-10 with 22 sales.

  • 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.
  • 1-4-10 9726
  • 3-15-10   12,324
Real Estate Sales in Kirkland WA

Kirkland WA real estate, 3-17-10

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 2.1 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.
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