Debra Sinick

Hot Kirkland Real Estate Prices of the Week, 9-29-10

In buyers, Kirkland News, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers on October 1, 2010 at 10:23 am

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

$500-599,999   4 sales

  • The price range with the most Kirkland homes for sale: $400-499,999   60 homes.  One more home for sale than last week.
  • There were a total of 387 (down 4 from last week) homes for sale in Kirkland and 11 (down 6) homes sold.
  • Week with the most number of homes for sale in the last 7 weeks:   393 homes for sale,  9-15-10
  • Week with the highest number of homes sold in Kirkland in the last 7 weeks:  9-22-10, 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
  • 9-27-10  14,269

Hopefully, we’re on the downward slope for the number of homes on the market this year.   It looks like 14,639 homes available for sale in King County back in July might have been the peak of homes for sale.  We can hope the number keeps going down!

The chart below 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.
Homes Sales in Kirkland, WA

Kirkland Real Estate Sales, 9-29-10

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 9.5 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: