Kirkland Real Estate Sales Are Still Going Strong

Kirkland Real Estate Through August, 2012

Kirkland real estate sales were still strong in August, a good sign for those who are selling a home in Kirkland.  There were only a handful more homes for sale in August than in July, plus there were a few more sales.  If you look at the red line in the chart above, you’ll see the homes sales that are pending.  Pending sales are those that recently sold and have not closed yet.  The pending sales were higher in August than in July.   Looking at the numbers for last year, home sales have jumped up from 52 to 74 homes, increasing by 31%.

It’s easy to see from the chart above  that the number of homes for sale through 2012 has stayed on the low side and is gradually creeping up.  In August of 2011, there were over 100 more homes for sale.  This August, there were 182 homes for sale, inching up from the low of 132 available homes in April.

Homes are selling at a much faster pace.  This past August, homes sold, on average in 48 days, in less than 2 months time.  Last year it took just over 3 months for a home to sell.
It’s exciting to see how this year has played out.  Most of the offers we’ve had on our listings have been truly great offers because the buyers recognize the homes that stand out.  Many have sold after having received multiple offers.  The real estate market in Kirkland is doing  great!