Debra Sinick

Kirkland Highlands Real Estate News, 3-28-11

In buyers, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers on March 28, 2011 at 12:36 pm

There are 5 new listings this week, but four are new construction.   With nothing in The Kirkland Highlands for sale for less than $350,000, between $750-999,999, and over $1.5 million, if your home falls into these price ranges,  it would be a great time to sell your home.  Not sure of your home’s value?  Feel free to contact me to find out what your home is worth.

A month ago there were 12 homes for sale in the Highlands and now the number has jumped to 19.  There were no price reductions and no homes came off the market, all good news for the neighborhood.  If homes are not coming off the market because they did not sell and prices are not being reduced, then more sellers are pricing their homes at what the market will bear right now.

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: 19 (13)

New listings: 5 (2)

Pending inspection: 0 (2)

Pending: 1 (1)

Pending Inspection 0 (1)

Number of Price Reductions: 0  (1)

Price increase: 0 (1)

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

———————————–

0-$349,999: 0 (3)

$350,000-$499,999: 7 (6)

$500,000-$749,999:  10 (5)

$750,000-$999,999: 0 (0)

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

$1,500,000- $2,999,999: 0 (0)
———————————–

________________________________

Closed Sales:

$305,000:  Final sales price $299,900: Last asking price $1,500,0000: Original asking price.  Sold in 902 days for 80% below the original sales price.  This property was mostly lot value, so it is not indicative of any big price drops for home values in the Highlands.

KIRKLAND HIGHLANDS TOWN HOMES:

1 town home for sale

1 sold

$234,900:  final sale price $234,900:  Last asking price $234,900: Original asking price.  Sold in 11 days for full price.

***The Multiple Listing rules don’t allow comment on other members’ listings and sales besides data such as pricing and days on market.

Feel free to contact me if you have questions about how to position your home so you can get the best price when selling.

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