Debra Sinick

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Hot Sales Price of the Week for Kirkland Homes, 11-02-09

In Kirkland News, Kirkland, WA Real Estate, Real estate, buyers, market statistics, sellers on November 6, 2009 at 3:04 pm

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

  • Most number of home sales in Kirkland: $400-$499,999, 3 sales.
  • Most number of homes for sale $1,000,000-1,499,999:  54 homes for sale. This number has remained fairly constant and continues to be down from the summer’s highs.
  • Highest number of home sales in Kirkland in the last 7 weeks:   10-7-09 when 24 homes sold.
  • Home sales happened in most price ranges under $799,999 with one sale each in  $1,000-$1,499,999 and $1,500-$1,999,999 ranges.
  • There were 382 homes for sale in Kirkland and 14 homes sold last week.  The number of homes for sale in Kirkland is dropping, another good sign.
  • There are 35 less homes for sale than about 7 weeks ago.

     

  • Peak  of homes 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   12,324 homes for sale in King County.  The lowest number of properties for sale in King County since February of this year!

Kirkland Home Sales, 11-04-09

Kirkland Home Sales, 11-04-09

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 3.1 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, 11-2-09

In Kirkland WA, Kirkland, WA Real Estate, Real estate, buyers, market statistics, sellers on November 6, 2009 at 11:21 am

The drop in the number of homes and condos for sale in King County continues.   We have not seen these numbers since early February. Hmm…maybe it’s a good time to think about selling because there’s less competition!  Plus, the first time home buyer tax credit is looking like it may be extended and expanded to include other buyers!

The Kirkland Highlands Real Estate Buzz post reporting on the latest real estate activity in the neighborhood has moved from Fridays to Mondays.  The “Hot Price of the Week” post will now be at the end of the week instead.

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 morning.


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: 25 (29)

New listings: 1 (1)

Pending inspection: 2 (0)

Pending: 0 (1)

Closed Sales: 0 (3)

Number of Price Reductions:  2  (1)

Price increase: 0(0)

Homes off the market that did not sell: 5 (3)

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0-$349,999: 1 (1)

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

$500,000-$749,999:  9 (11)

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

$1,000,000- $1,499,999: 1 (3)

$1,500,000- $2,999,999: 0 (0)
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Average Price of homes for sale: $656,175 ($702,212)

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

Average Days on Market:  141 (142)

Highest Priced Listing: $1,250,000 ($1,298,000)

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

There were no closed sales this week:

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7 Town homes on the market

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Peak in the number of homes for sale in 2009:

7-27-09  13,861

Now:

11-2-09 12,324

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Hot Sales Price for Kirkland Homes, 10-29-09

In Kirkland WA, Kirkland, WA Real Estate, Real estate, buyers, market statistics, sellers on October 30, 2009 at 10:33 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, 4 sales each
  • Most number of homes for sale $1,000,000-1,499,999:  58 homes for sale. This number has remained fairly constant and continues to be down from the summer’s highs.  This is a good thing!
  • Highest number of home sales in Kirkland in the last 7 weeks:   10-7-09 when 24 homes sold.
  • Home sales happened in most price ranges below $1000-$1,499,999.
  • It’s a positive sign to see Kirkland real estate selling in a variety of price ranges.


  • Peak  of homes 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 10-26-09   12,865 homes for sale in King County.  The lowest number of properties for sale in King County since March of this year.

There were 394 homes for sale in Kirkland and 18 homes sold last week.  The number of homes for sale in Kirkland is dropping, another good sign.  There are about 30 less homes for sale than about 7 weeks ago.

Kirkland Home Sales - 10-28-09

Kirkland Home Sales - 10-28-09

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 3.7 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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