Debra Sinick

Weekly Kirkland Highlands Real Estate Buzz Through June 19th, 2008

In Kirkland News, Kirkland WA, Kirkland, WA Real Estate, market statistics, Weekly market update on June 20, 2008 at 9:32 am

The numbers will now reflect totals from Thursdays.  This will help get the data to you before the weekend, whenever possible.  If the sun is out on the weekend you need to be outside enjoying it, not reading real estate statistics!

(Numbers in parentheses are for last week’s data.  This week’s data is reported through Thursday.)

Active Listings:  25 (25)

New listings:  4(0)

Re-listed properties:  0(0)

Sold subject to inspection:  1(0) 

Pending:  3(1)

Closed Sales:   1(1)

Contingent sale: 0(0)

Number of Price Reductions: 3 (0)

Cancelled listings 0(0)

Expired Listings: 0(0)

Temporarily Off Market:  0(0)

Price increase:  0(0)

Back on market: 1(1)

———————————–

0-$349,999:   0(0)

$350,000-$499,999:  4 (4)

$500,000-$749,999:    5 (5)

$750,000-$999,999:  9 (9)

$1,000,000- $1,499,999:  4 (4)

$1,500,000- $2,999,999:   4 (4)
———————————–
Average Price: $918,247($959,507)

Median Price:   $869,000($869,475)

Average Days on Market: 88(83)

Highest Priced Listing: $2,299,000($2,299,000)

Lowest Priced Listing: $399,500 ($399,500)

The closed sale of the week was for a new construction home on 112th Ave NE.  This home was on the market for 353 days.  The asking price was $1,800,000 and the final sales price was $1,625,000, 10% below the asking price.

_____________________________________________

Town homes/condos:

6 Active, One is pending, one is a canceled listing and two had reduced prices.

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