Debra Sinick

Latest Real Estate Buzz in Kirkland WA Highlands, 5-24-10

In Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers on May 25, 2010 at 10:25 am

Another home in the Kirkland Highlands’ neighborhood came on the market above $1 million, something which was fairly common in the past, but not as typical this past year with the drop in Seattle-eastside home prices.

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 corridor. 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: 27 (26)

New listings: 0 (2)

Pending inspection: 0 (0)

Pending: 0 (1)

Closed Sales: 1 (1)

Number of Price Reductions: 0  (3)

Price increase: 0(0)

Homes off the market that did not sell: 1 (0)

———————————–

0-$349,999: 0 (1)

$350,000-$499,999: 11 (10)

$500,000-$749,999:  9 (10)

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

$1,000,000- $1,499,999: 2 (1)

$1,500,000- $2,999,999: 0 (0)
———————————–
Average Price of homes for sale: N/A with new MLS system*

Median Price of homes for sale: N/A wiht new MLS system

Average Days on Market:  N/A

Highest Priced Listing: $1,295,000 ($1,080,000)

Lowest Priced Listing: $380,000 ($380,000)

________________________________

Closed Sales:

Sales price: $338,000 Last asking price: $344,900 Original asking price: $499,900, sold in 292 days for 25% below the original asking price.

KIRKLAND HIGHLANDS TOWN HOMES:

6 town homes for sale

1 condo back on the market listing

1 condo off the market

Peak in the number of King County homes and condos for sale in 2009:

7-27-09  13,861

Start of 2010:

9,726

Now:

5-10-10  13,502 The second highest number of King County homes (condos and single family homes) available this year.

* The statistics portion of the new NWMLS (Northwest Multiple Listing Service) is currently not working.  Our new system is having the kinks worked out.  Stay tuned!

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