Debra Sinick

Archive for July 17th, 2008|Daily archive page

Weekly Real Estate Buzz in the Kirkland Highlands Through July 17th, 2008

In Uncategorized on July 17, 2008 at 3:38 pm

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

Active Listings:  31 (22)

New listings:  4 (5)

Re-listed properties:  0 (1)

Pending inspection: 1 (2) 

Pending:  1 (0)

Closed Sales:   0 (5)

Contingent sale: 0(0)

Number of Price Reductions:2 (1)

Cancelled listings 0 (1)

Expired Listings:1 (1)

Temporarily Off Market:  0(0)

Price increase:  0(0)

Back on market: 0 (0)

———————————–

0-$349,999:   0(0)

$350,000-$499,999: 7 (5)

$500,000-$749,999:    6 (6)

$750,000-$999,999:  8 (9)

$1,000,000- $1,499,999:  6 (5)

$1,500,000- $2,999,999:   4 (4)
———————————–
Average Price: $889,000 ($847,983)

Median Price:   $869,000($869,000)

Average Days on Market: 82(82)

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

Lowest Priced Listing: $362,500 ($362,500)

There were no closed sales this week in the Highlands, but there’s a home that just received an offer and another home that is now pending.

_____________________________________________

Town homes/condos:

4 Active town home/condo listings

No other town home/condo activity

What Were The Chances of Selling Your Kirkland, WA Home in June, 2008?

In buyers, Kirkland News, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate on July 17, 2008 at 10:29 am

Sellers had a 16.5% chance of selling a home in Kirkland in June, 2008.

(Click on the link above to see a chart with Kirkland’s real estate trends for the last few years.  The chart shows trends for Kirkland, south of NE 116th St.)

June, 2008             491 homes for sale, 81 sales, 16.6% chance of selling.

May, 2008             530 homes for sale, 51 sales,    9.6% chance of selling.

June, 2007            383 homes for sale, 90 sales,   23.5% chance of selling.

The chance of getting a home sold was much better in Kirkland, WA in June than any of the previous months  this year.  Inventory, the number of available homes, was up by 28% and the sales dropped this year from last year by about 10%.  It will be interesting to see how July plays out and if a trend is happening here.

For a complete update on Eastside real estate, check out my eastside blog post.

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