Debra Sinick

Kirkland Real Estate’s Hot Price of the Week, 1-19-11

In buyers, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers on January 21, 2011 at 3:58 pm

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

$300-399,999, $500-599,999 3 sales each

  • The price range with the most Kirkland homes for sale: $300-399,999 37 homes. 
  • There were a total of 247 homes for sale in Kirkland and 15 homes sold.

Five less homes are on the market this week and there are 4 more home sales than last week.  A good direction to be heading!  The week before had an increase in the number of homes, so numbers are still bouncing around right now.  So far this year, no price range dominates home sales.  Sales are happening in all price ranges right now.

Home Sales in Kirkland

Kirkland Real Estate Sales

There are a lot fewer homes on the market right now.   If you plan to make a move, try to do it before the middle of the summer.  In fact, try to do it as early as possible in the year.  You can see from the numbers at the bottom of this post, more homes will be coming on the market as the year progresses.

  • Here’s how the chart is 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 as many selling. Homes take longer than 6 months to sell.
    • 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.  Homes take between 3-6 months to sell.
    • Red indicates a sellers’ market where the seller may have the advantage as more homes are selling when compared to what’s available.  Homes sell in under 3 months.

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 for the week.

There are three columns under each week. On the left side of the column is the number of homes for sale, the actives, in a particular price range.  The middle column shows how many homes sold that week, the pendings,  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 3.9 months to sell all the homes in the $400-499,999 price range.

————————————-

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.

In 2010?

  • 1-4-10    9726
  • 7-26-10       14,639
  • 12-27-10    11,015

In 2011?

  • 1-3-11           10,008
  • 1-17-11          10,361


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