Numbers in red reflect last week’s totals. New totals are through mid-afternoon on Friday, the 9th, and are collected from MWMLS data.
New listings: 1(1)
Active Listings: 28(39)
Sold subject to inspection: 0(1)
Pending: 1(0)
Closed Sales: 2(0)
Number of Price Reductions: 2 (4)
Cancelled listings 1(1)
Expired Listings 1 (0)
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Number of homes available: 28(29)
0-$349,999: 0(0)
$350,000-$499,999: 2(2)
$500,000-$749,999: 6(6)
$750,000-$999,999: 11(12)
$1,000,000- $1,499,999: 5(5)
$1,500,000- $2,999,999: 4(4)
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Average Price: $1,0008,421 ($973,846)
Median Price: $873,550 ($860,000)
Average Days on Market: 56(61)
Highest Priced Listing: $2,299,950 ($1,825,000)
Lowest Priced Listing: $460,000($460,000)
(data from NWMLS)
My analysis of this week’s real estate buzz:
There’s one new listing in The Highlands this week. It’s listed as a bungalow/town home, although it’s a small free-standing rambler on 87th. It’s right next to the new construction on that street and is just over 1300 square feet and has a view.
Two homes went off the market, one had been on the market for 243 days and during that time it had been reduced by $30,000. A home owner in Highland Pointe took their home off the market after 140 days and a $20,000 price reduction.
Two sales closed in the $400’s. One negotiated a $10,000 price reduction and the other dropped the asking price by $6,000 after coming back on the market at $25,000 less than the original asking price.
There were two new price reductions this week. One was a $50,000 reduction for a home that originally came on the market for $824,950. The other price reduction came in at $100,000 for a new construction listing. It’s now priced at $1,999,000, down from $1,299,000.
The town home/detached home statistics remains the same as last week, with five properties on the market.
Kirkland Highlands Real Estate Buzz
