Debra Sinick

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What Was The Hot Price Range for Kirkland Home Sales, 11-18-09?

In Kirkland WA, Kirkland, WA Real Estate, Real estate, buyers, market statistics, sellers on November 20, 2009 at 11:50 am

The hot price range of the week in Kirkland?   $400-$499,999 and $500-$599,999

  • Most number of home sales in Kirkland: $400-$499,999 and $500-599,999,  5 sales each.
  • Most number of homes for sale $1,000,000-1,499,999:  51 homes for sale. There were 60 homes for sale a few weeks ago and the drop is significant.
  • Highest number of home sales in Kirkland in the last 7 weeks:   10-7-09 when 24 homes sold.
  • There were 372 homes for sale in Kirkland and 20 homes sold last week.  The number of homes for sale in Kirkland is slowly, but steadily, dropping each week.  It’s good to see Kirkland home sales happening in both the affordable price range and the high end.  Some weeks, the more expensive homes are selling better than the more affordable ones.  Other weeks, it’s the reasonably priced homes that are moving.

  • Peak  of homes and condos for sale in King County so far this year?
  • July 27th marked a high of 13,861 homes and condos for sale in King County.
  • Week of 11-02-09   12,186  homes and condos for sale in King  County, the smallest number since January of this year.

With the drop in inventory, properties for sale, and the increase in sales, this is a good time to think about selling your home.  If you are thinking of making a move in the spring, there’s likely to be more homes and condos for sale, meaning more competition to sell.

Kirkland Home Sales, 11-18-09

This chart 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.

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 3 months to sell all the homes in the $400-499,999 price range.

The last section shows the 7 week average of each category, the number of homes for sale, the number sold, and the months supply.

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Latest Real Estate Buzz in The Kirkland Highlands, 11-16-09

In Kirkland WA, Kirkland, WA Real Estate, Real estate, buyers, market statistics on November 16, 2009 at 3:35 pm

Homes are selling in Kirkland! The number of Kirkland Highlands homes for sale has dropped significantly as there are a third less homes on the market than just a few months ago.  Four homes  received offers in the last two weeks, so homes are moving. Homes receiving offers in the last two weeks ranged from the high 300’s to just over one million dollars.

The first time home buyer tax credit has been expanded and extended, which is great news for home sellers.  If you plan to make a move and are buying a home under $800,000, then you may be eligible to receive a tax credit.

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.


View Larger Map

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 railroad tracks. 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: 22 (25)

New listings: 0 (1)

Pending inspection: 0 (2)

Pending: 4 (0)

Closed Sales: 1 (0)

Number of Price Reductions: 1  (2)

Price increase: 0(0)

Homes off the market that did not sell: 1 (5)

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0-$349,999: 1 (1)

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

$500,000-$749,999:  7 (9)

$750,000-$999,999: 7 (7)

$1,000,000- $1,499,999: 0 (1)

$1,500,000- $2,999,999: 0 (0)
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Average Price of homes for sale: $653,891($656,175)

Median Price of homes for sale: $709,470 ($699,990)

Average Days on Market:  152 (141)

Highest Priced Listing: $1,250,000 ($1,250,000)

Lowest Priced Listing: $285,000 ($285,000)

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Closed Sales:

$375,000 final asking price 379,500, original asking price $379,500, sold in 34 days for 1.5% below the original asking price.

Peak in the number of homes for sale in 2009:

7-27-09  13,861

Now:

11-16-09 12,186  The least number of homes and condos for sale since January of this year!

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7 Town homes on the market

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Volunteers Still Needed For Kirkland’s Arbor Day Tomorrow

In Kirkland WA on November 13, 2009 at 5:56 pm

Tomorrow is Arbor Day in Kirkland.

Kirkland Highlands’ President Karen Story sent out an email this afternoon asking for more volunteers to help direct traffic and to help with snacks and warm drinks for the volunteer workers.  If you able to help direct traffic, find Karen by 8:30 AM to help with the traffic.  Feel free to bring snacks, too!

From Sharon Rodman’s announcement for Arbor Day:

The Kirkland Mayor has proclaimed November 14 as Arbor Day.  We request your help to plant over 400 native trees and plants that day. Please join the Green Kirkland Partnership for our forest restoration event and special Arbor Day tree planting ceremony. Some invasive plant removal may be included.

Kirkland Highlands Cotton Hill Park

Kirkland Highlands Cotton Hill Park

Date: Saturday November 14

Place: Cotton Hill Park (110th Ave NE & NE 98th St., Kirkland).

Event Time: 9 a.m. until Noon
Arbor Day Ceremony: approximately 11:50 am

Suitable for: Adults, Teens, Families. Minors under the age of 14 years must be accompanied by an adult. Minors 14 to 17 years should be accompanied by an adult, or bring a signed waiver form, or a parent/guardian to sign you in. Youth waiver forms can be obtained in advance from the City website or through EarthCorps.

Refreshments will be sponsored by park neighbors and Village Mart on Juanita Drive.

Tools will be provided (you could bring a shovel in case we run out). EarthCorps will be managing the event. Please sign up at the EarthCorps website. Advance signup is important for planning purposes. However, volunteers who show up on the day are also welcome. Please contact project manager Lina Rose if you have questions about the event, lina@earthcorps.org, 206-322-9296 x 225.

Continuing the Green Kirkland Partnership is made possible through a grant from King Conservation District. For more information on the Partnership please check out the city’s Green Kirkland web page and Cascade Land Conservancy’s web page. Please check these websites for other volunteer opportunities.

What to Bring

  • Sturdy shoes or boots for mud
  • Work gloves
  • Layers of comfortable clothing
  • Water bottle
  • Travel mug for tea/coffee
  • Rain gear (if necessary)
  • Shovel – if you have one and please put your name on it

*** WATERPROOF BOOTS and RAIN GEAR *** that can get muddy.(if you are dressed warm and dry, working in the rain or cold is actually FUN!) from Karen Story who has been the key reason for the transformation of the park and its chief volunteer.

Driving Directions

  • Cotton Hill Park (110th Ave NE & NE 98th St., Kirkland):
  • From I-405, take the NE 85th Street/WA-908 exit (exit 18) and go west towards downtown Kirkland.
  • Turn right onto 6th Street (light at bottom of hill)
  • Turn right onto 12th Avenue.
  • Cross the railroad tracks and park at the dead end straight ahead.
  • Please consider walking, bicycling, carpooling, or taking the bus

Sincerely,
Cotton Hill Green Kirkland Partnership Team
Highlands Neighborhood, City of Kirkland, EarthCorps, UW Restoration Ecology Network, Cascade Land Conservancy

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