Sellers had a 10.2% chance of selling a home in Kirkland in December, 2007.

(See the above chart to follow the real estate trends for the last few years.  The chart shows trends for Kirkland, south of NE 116th St)

December 2007    332 homes for sale, 34 sales, 10.2% chance of selling.

November 2007   405 homes for sale, 44 sales, 10.8% chance of selling.

December 2006    241 homes for sale  47 sales,  19.5% chance of selling.

Here’s a tally of 2007 Kirkland real estate:

For 2008:

• Sellers must have the best home out there for the money.
• Sellers must have the best marketing program to showcase their home. 
• Sellers must be realistic and flexible with pricing.
• Interest rates are fabulous.
• Competition among buyers for homes will be less.
• Pricing will be negotiable.
 It will be slower this year, but buyers will buy and homes will sell. 
The home that captures the buyer through great pricing and marketing will get the sale.

For a report on the Eastside’s December performance, you can check my summary of Eastside real estate on my eastside blog.