Debra Sinick

Archive for February 8th, 2008|Daily archive page

Weekly Real Estate Buzz in The Kirkland Highlands through February 8th, 2008

In buyers, Kirkland News, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, services, Weekly market update on February 8, 2008 at 10:27 pm

Update post-it

(data from NWMLS) numbers in red are from the past week

Active Listings:   27(27)

New listings:  1(3) 
Sold subject to inspection:  2(0) 

Pending:  0(0)

Closed Sales:   0(1)

Contingent sale: 0(0)

Number of Price Reductions:  2(1)

Cancelled listings 0(1)

Expired Listings 0 (0)

Temporarily Off Market  0(1)

Price increase  1(0)

———————————–
Number of homes available:    27(26)

0-$349,999:   0(0)

$350,000-$499,999:   4(4)

$500,000-$749,999:    6(7)

$750,000-$999,999:   8(8)

$1,000,000- $1,499,999:   5(5)

$1,500,000- $2,999,999:   4(3)
———————————–
Average Price: $1,015,798 ($957,088)
Median Price:   $880,935($873,935)

Average Days on Market: 78(76)

Highest Priced Listing: $2,299,950 ($2,299,950)

Lowest Priced Listing: $414,900($424,000)

My analysis of this week’s real estate buzz:

There is one new listing this week, priced at $2,150,000.  The price of this home brings the median and average prices up for the week.  This new listing is a 3 year old home with a fabulous view.

Two price reductions happened in the new neighborhood over off of 116th.  The reductions were for less than $1000.  One of the homes in the same neighborhood had a price increase.

 The TOMK, temporarily off the market home in Highland Creste for $699,950, is now back on the market with its floors redone. 

The home in Hidden Hills reduced to $579,000 received an offer this week.  A mid-century modern home listed for $699,950 also received an offer. 

The condo priced at $549,950 that had received an offer is now past its inspection and is now pending,

 A pretty straight-forward week in the Highlands!

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