Debra Sinick

The Hot Price for Kirkland Home Sales, 6-16-10

In buyers, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers on June 18, 2010 at 12:18 pm

This week’s hot price for Kirkland Washington home sales:

$1,000,000-1,4999,999 4 sales

This is the first time in years, possibly, but definitely in a long time, that the most number of homes sold was in a price range above $1,000,000.  There’s more of a confidence in Seattle-eastside real estate when high end homes are selling.

  • Most Kirkland homes for sale: $400-499,999   61 homes.
  • There were 354 homes for sale in Kirkland and 17 homes sold last week.  There was a drop of 10 homes for sale this week from the last week.
  • Most number of homes for sale in the last 7 weeks:   372 homes for sale, 5-26-10
  • Highest number of homes sold in Kirkland in the last 7 weeks:  5-5-10 with 18 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
  • 6-7-10   13,831    Only 30 homes behind the peak of King County homes (single family and condos) for sale in 2009.  Will we hit the peak of the number of homes for sale in King County in the near future?
Kirkland WA Home Sales

Real Estate Sales in Kirkland, WA 6-17-10

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 5.4 months to sell all the homes in the $400-499,999 price range.


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: