School starts on September 2nd. Check the Lake Washington Schools Website for each school’s times. The school day varies for each school. Have a wonderful school year.
But for all of the rest of us, let’s be careful out there. More kids will be out and about, walking to school. Be extra careful as you are driving near the schools.
KIRKLAND FIRE DEPARTMENT SPONSORS
COMMUNITY EMERGENCY RESPONSE TEAM
29 HOUR CERT COURSE
***EARN 24 CONTINUING ED CREDIT HOURS***
Learn light search & rescue and disaster medical skills.
Learn triage, cribbing and crisis psychological interventions.
Get prepared at home, work, school, and on the road!
Fall 2008 COURSE
Weekly classes: 6:00 p.m. – 9:00 p.m.
Weekend Disaster Drill: 10:00 a.m. – 3:00 p.m.
[All classes and drill are required to graduate]
Wednesday Sept. 17 Team Building, Disasters
Wednesday Sept. 24 Disaster Prep, ICS, Size-Up
Wednesday Oct. 1 Disaster Psych and Terrorism
Wednesday Oct. 8 Light Search and Fire Safety
Wednesday Oct. 15 Disaster Medical Operations I
Wednesday Oct. 22 Light Rescue and Cribbing
Wednesday Oct. 29 Disaster Medical Operations II
Wednesday Nov. 5 Disaster Drill Practice
Saturday Nov. 8 Disaster Simulation Drill
LEARN SKILLS THAT HELP YOU SURVIVE DISASTERS
WHEREVER YOU ARE AND HELP YOU ASSIST THE GREATER
COMMUNITY PREPAREDNESS EFFORT
Free to residents, college students and
people who work in Kirkland or Fire
District 41. $25 for others
Approved for 24 Continuing Education
Credit Hours through WWU
For more information on CERT visit: www.fema.gov, www.ci.kirkland.wa.us
Apply by Wednesday, Sept. 10, 2008:
Information and application materials at
(Numbers in parentheses are for last week’s data. This week’s data is reported through Thursday each week.)
Active Listings: 26 (27)
New listings: 1 (1)
Re-listed properties: 0 (2)
Pending inspection: 1 (2)
Pending: 1 (0)
Closed Sales: 0 (0)
Contingent sale:0 (0)
Number of Price Reductions:1 (0)
Cancelled listings 1 (2)
Expired Listings:0 (0)
Temporarily Off Market: 0 (0)
Price increase: 0(0)
Back on market: 0 (0)
———————————–
0-$349,999: 0(0)
$350,000-$499,999: 6 (5)
$500,000-$749,999: 8 (8)
$750,000-$999,999: 8 (9)
$1,000,000- $1,499,999: 2 (3)
$1,500,000- $2,999,999: 2 (2)
———————————–
Average Price: $773,654 ($805,706)
Median Price: $694,475 ($849,950)
Average Days on Market: 84 (87)
Highest Priced Listing: $1,632,000 ($1,632,000)
Lowest Priced Listing: $362,500 ($362,500)
There were no closed sales this week. One home is now pending after having an inspection this past week. Another home received an offer and is “pending inspection.” Because there are several high end listings that have been taken off the market, the average price and the median price have dropped considerably this past week.
Town homes/condos:
4 active town home/condo listings
(one of these town homes has been listed as if it’s located East of Market, not in the Highlands. It does not show up in a search of available condos/townhomes in the Highlands. It shows up in a search of East of Market town homes.)
1 town home is pending inspection as it received an offer. This town home is located in Forbes Creek and is priced under $400,000.
1 town home is temporarily off the market.
Recently, I wrote a post about home prices in Kirkland after I spoke with Kendall Watson at The Kirkland Reporter about Kirkland’s home prices. I realized many people think everything in the city is over a million dollars. Not true. There are many expensive properties in Kirkland, but prices in Kirkland are all over the map, from the 300k range, all the way to 7+ million dollars.
| Highest |
| $7,600,000 |
| Jumbo 30 Yr Fixed |
| 40% |
| $4,600,000 |
| $3,000,000 |
| $3,000,000 |
| 8.00% |
| 8.22% |
| $22,013 |
| $6,000 |
| $300 |
| $0 |
| $28,313 |
| $970,000 |
| $4,711,245 |
Now back down to earth, what does it take to win one of the more affordable homes in Kirkland, priced at $305,000?:
| Lowest |
| $305,000 |
| FHA 30 Yr Fixed |
| 97% |
| $9,150 |
| $295,850 |
| $299,548 |
| 6.50% |
| 7.198% |
| $1,893 |
| $250 |
| $50 |
| $136 |
| $2,329 |
| $60,000 |
| $17,013 |
| Median |
| $575,000 |
| Conventional Agency Conforming 30 Yr Fixed |
| 80% |
| $115,000 |
| $460,000 |
| $460,000 |
| 6.625% |
| 6.754% |
| $2,945 |
| $450 |
| $75 |
| $0 |
| $3,470 |
| $120,000 |
| $126,942 |
| *Based on FICO Credit Score of 680 * Mortgage Insurance is required if financing exceeds 80% loan to value. All rates, numbers and calculations are approximate and subject to change without notice. This information is provided solely for the use of real estate professionals and is not an offer or guarantee of credit. |
Information provided by Katrina Bissell, CMPS | Sheila Bryan’s Partner
CobaltMortgage 11255 Kirkland Way Suite 100 Kirkland, WA 98033
Office: 425.605.3112 | Fax: 425.605.3212 | Sheila: 425.605.3110
Email: kbissell@cobaltmortgage.com Website:www.sheilabryan.com
***(Interest rates and fees may vary from day to day, check for the most up to date rates and fees)
Sellers had a 10% chance of selling a home in Kirkland in July, 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.)
July, 2008 508 homes for sale, 51 sales, 10% chance of selling.
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.
July, 2007 366 homes for sale, 82 sales, 22.4% chance of selling.
”It will be interesting to see how July plays out and if a trend is happening here.” This last statement is from the comments I made in my report on the chances of selling a home in June, 2008 in Kirkland, Washington. Unfortunately, I don’t see the trend playing as I would’ve hoped. July was not a stronger month for selling in Kirkland than June. July’s absorption rate, the chances of selling a home, is very similar to May’s absorption rate. So far, the peak of activity in Kirkland real estate sales has been in June of this year.
For a complete update on Eastside real estate, check out my eastside blog post.
(Numbers in parentheses are for last week’s data. This week’s data is reported through Thursday each week.)
Active Listings: 27 (29)
New listings: 0 (1)
Re-listed properties: 2 (0)
Pending inspection: 2 (1)
Pending: 0 (1)
Closed Sales: 0 (0)
Contingent sale:0 (0)
Number of Price Reductions:0 (2)
Cancelled listings 2 (0)
Expired Listings:0 (1)
Temporarily Off Market: 0 (0)
Price increase: 0(0)
Back on market: 0 (0)
———————————–
0-$349,999: 0(0)
$350,000-$499,999: 5 (4)
$500,000-$749,999: 8 (9)
$750,000-$999,999: 9 (9)
$1,000,000- $1,499,999: 3 (4)
$1,500,000- $2,999,999: 2 (3)
———————————–
Average Price: $805,706 ($846,948)
Median Price: $849,950 ($852,052)
Average Days on Market: 87 (82)
Highest Priced Listing: $1,632,000 ($1,650,000)
Lowest Priced Listing: $362,500 ($362,500)
There were no closed sales this week. Two sellers cancelled their listings, re-listed the homes, and the homes are now pending inspection with offers this week. The amount of homes for sale in The Kirkland Highlands does not vary all that much from week to week. There seems to be a pattern of a few new listings and a few new sales each month, so the overall inventory remains somewhat constant.
Town homes/condos:
5 active town home/condo listings
One town home listing in HIghland Creek off NE 87th was cancelled and the home is now off the market.
Have you been to the Kirkland Farmers’ Market lately? You’ve got the pick of summer vegetable, fruits, and flowers. Check it out each Wednesday from 2-7 PM from now through October on Kirkland’s Park Lane. It’s a great way to buy fabulous produce, support your local farmers, and save gas by buying your food
in downtown Kirkland.
Can’t make it on Wednesdays? Check out the Juanita Farmers Market on Friday evenings from 3-7 PM through October 5th at Juanita Beach, 9703 NE Juanita Drive.
Doing some traveling around the state? Check here for a complete list of farmers’ markets all over the state.
Kirkland, Washington has played host to all kinds of activities, the Seafair Marathon, a car show, and last evening’s Bicycle Criterium. Downtown Kirkland has been hopping this summer and we haven’t even talked about boats!
These people had a front seat with dinner at Kirkland’s Wilde Rover Pub and Restaurant.
Here’s a link to Robert Pease’s reply to all blog with a short video of the race.
(Numbers in parentheses are for last week’s data. This week’s data is reported through Thursday each week.)
Active Listings: 29 (29)
New listings: 1 (3)
Re-listed properties: 0 (2)
Pending inspection: 1 (1)
Pending: 1 (1)
Closed Sales: 0 (1)
Contingent sale:0 (1)
Number of Price Reductions:2 (3)
Cancelled listings 0 (1)
Expired Listings:1 (3)
Temporarily Off Market: 0 (1)
Price increase: 0(0)
Back on market: 0 (1)
———————————–
0-$349,999: 0(0)
$350,000-$499,999: 4 (5)
$500,000-$749,999: 9 (8)
$750,000-$999,999: 9 (8)
$1,000,000- $1,499,999: 4 (5)
$1,500,000- $2,999,999: 3 (3)
———————————–
Average Price: $846,948 ($839,242)
Median Price: $852,052 ($852,052)
Average Days on Market: 82(77)
Highest Priced Listing: $1,650,000 ($1,650,000)
Lowest Priced Listing: $362,500 ($362,500)
There were no closed sales this week, however there is one home pending and waiting to close.
Town homes/condos:
6 active town home/condo listings
One price reduction for a town home on the market for 42 days before dropping the price by $10,000.
Kirkland Highlands Real Estate Buzz
Eastside Real Estate Buzz West Redmond Real Estate Buzz
