Debra Sinick

The Hot Price of the Week for Kirkland Real Estate, 6-23-10

In buyers, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers on June 25, 2010 at 12:41 pm

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

$3o0,000-399,999 2 sales

This week may have been one of the slowest weeks for Kirkland home sales, with only 5 total sales.  The busiest price range with 2 sales, was not all that busy.  Such a contrast to last week when 4 homes sold over $1 million and the total number of Kirkland homes sold was 17.

The other big news of the week is we’ve surpassed 2009’s peak of homes for sale in King County. There are now almost 100 homes more on the market than at 2009’s peak of 13,861 homes for sale.

  • Most Kirkland homes for sale: $400-499,999   61 homes.
  • There were 360 homes for sale in Kirkland and 5 homes sold 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:  6-16-10 with 17 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
  • 6-21-10   14,020
Kirkland Home Sales, 6-23-10

Kirkland Real Estate Sales, 6-23-10

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


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