Debra Sinick

Archive for April 19th, 2008|Daily archive page

Weekly Real Estate Buzz in the Kirkland Highlands through April 18th, 2008

In buyers, Kirkland News, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers, Weekly market update on April 19, 2008 at 11:34 am

Update post-it

Active Listings:   27(27)

New listings:  1(0) 

Re-listed properties: 0(0)

Sold subject to inspection:  0(0)  

Pending:  0(1)

Closed Sales:   0(2)

Contingent sale: 0(0)

Number of Price Reductions:  6(0)
Cancelled listings 0(0)
Expired Listings: 0(1)
Temporarily Off Market:  0(0)
Price increase:  0(0)
Back on market: 0(1)

———————————–

0-$349,999:   0(0)

$350,000-$499,999:   1(1)

$500,000-$749,999:    8(8)

$750,000-$999,999:  10(10)

$1,000,000- $1,499,999:   5(5)

$1,500,000- $2,999,999:   3(3)
———————————–
Average Price: $968,811($976,985  ) 

Median Price:   $869,000(877,050)

Market: 60(57)

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

Lowest Priced Listing: $489,000 ($489,000)

My analysis of this week’s real estate buzz (through midday Friday.  Numbers in red are from the previous week.

New listings:

$550,000 remodeled two story in Edwards Place with 3 bedrooms, 2.5 baths.

Homes receiving offers:

(homes in which an offer has been made, but is now going through a building inspection)

None this week

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)

Closed sales:

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

None at this time

Back On Market

(Homes which have come back on the market)

None this week

Reduced:

$624,950 Waterwheel Park, down from $674,950 for a two story with 2600+ sq. ft.

$649,888 Highland Pointe two story with 1800 sq. ft. down from $668,000.

$919,000 newer two story down from $989,000 for 3330+ sq ft, built in 2006.

Several newly completed construction homes have been reduced from $5-25,000 below the original asking price.

There was one new listing in the Highlands for a total of 27 available homes.  There were a number of price reductions, particularly with the finished new construction homes.

_________________________________________________________

Town homes/Condos

6 active listings

New listings:

None

Sold subject to inspection:

None

Closed sales:

$570,000 Kirkland HIghpointe town home with 2300 sq. ft. Sold 13% below the original asking price of $649,950.

Reduced:

None

Expired:

$599,950 Kirkland Highpointe 3 bedrooms, 2.5 baths

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