Debra Sinick

Kirkland Highlands Real Estate News, 4-11-11

In Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers on April 11, 2011 at 5:11 pm

There are big gaps in the Kirkland Highlands real estate market with homes available only in some price ranges, but not all. Right now the largest number of homes for sale falls in the $500-750,000 price range.  Because there is more for sale in this price range,  the pricing for these homes will need to be more competitive.

If your home is in one of the price ranges where nothing is for sale, think about selling now before more homes come up for sale. When more homes come on the market, there will be more competition.   If you’re not sure of your home’s value, feel free to contact me to find out what your home may be worth in today’s market.

By the way, in case you’re wondering why there’s one more home on the market this week ( 20 instead of 19), but no new listings, it’s because a home came back on the market and is for sale again.  It’s not new to the market.

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: 20 (19)

New listings: 0 (5)

Pending inspection: 1 (0)

Pending: 0 (1)

Pending Inspection 0 (1)

Number of Price Reductions: 1  (0)

Price increase: 0 (0)

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

———————————–

0-$349,999: 0 (0)

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

$500,000-$749,999:  12 (10)

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

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

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

Most expensive home for sale: $1,299,000

Most affordable home for sale: $385,000

________________________________

Closed Sales:

$195,000:  Final sales price $199,900: Last asking price $234,900: Original asking price.  Sold in 195 days for % below the original sales price. If you’re wondering about the price of this home, it’s in a planned unit development.  It’s a town home, but legally can be called a single family home (this may require another blog post to explain), so the information is posted in single family homes by the NWMLS.  The town home was a one bedroom with 1.5 baths.

$294,000:  Final sales price $310,000: Last asking price $439,000: Original asking price.  Sold in 68 days for 33% below the original sales price.

KIRKLAND HIGHLANDS TOWN HOMES:

1 town home for sale

1 sold

Town homes are selling!  Good news!

$395,000:  final sale price $419,000:  Last asking price $449,000: Original asking price.  Sold in 104 days for 12% below the original 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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