Debra Sinick

Archive for March 15th, 2008|Daily archive page

Weekly Real Estate Buzz in The Kirkland Highlands through March 14th, 2008

In Kirkland News, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, Weekly market update on March 15, 2008 at 2:45 pm

Update post-it 

 Active Listings:   25(24)

New listings:  2(2) One is a re-listed home
Sold subject to inspection:  1(2) 

Pending:  0(2)

Closed Sales:   1(2)

Contingent sale: 0(1)

Number of Price Reductions:  0(0)

Cancelled listings 0(0)

Expired Listings 0 (0)

Temporarily Off Market  0(0)

Price increase  0(1)

———————————–

0-$349,999:   0(0)

$350,000-$499,999:   3(3)

$500,000-$749,999:    5(5)

$750,000-$999,999:  11(9)

$1,000,000- $1,499,999:   3(3)

$1,500,000- $2,999,999:   3(3)
———————————–
Average Price: $961,464($981,983)
Median Price:   $873,550(878,993)

Market: 87(91)

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

Lowest Priced Listing: $440,000 ($440,000)

My analysis of this week’s real estate buzz (through midday Friday):

There’s one new listing and one re-listed property this week. One home received an offer and one home sale closed. 

New listings:

$869,000 contemporary view home in Highland Point, 3370 square feet.

$799,950 (re-listed home) contemporary two story with a view and 2235 square feet.

Homes receiving offers:

$1,199,950  two story contemporary home with a basement and a fabulous lake and city view. 

Homes sold contingent:

(The buyer has to sell their home as a condition of the sale.)

None this week.

Homes that are pending sales:

(home sales in which the inspection has been satisfied)

Price reductions:

None this week.

Closed sales:

(Homes in which the new owner has moved in!)

$1,825,000 new construction on 112th with a view.  On the market for 178 days.  Sales price of $1,700,000, 7% below the original asking price.

___________________________________________________

Town homes/condos

5  town homes currently on the market

New listings:

Sold subject to inspection:

Pending:

No activity in any of the above town home categories.

Price reduced:

$659,000 town home on NE 87th with an original asking price of $745,000, 2500 square feet.

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