The real estate statistics below reflect the real estate activity in The Kirkland Highlands for the past week and all data is taken from the NWMLS through Thursday morning each week.

(Technical difficulties with this post, so I am re-posting it now!)

The map shows most of the outline of Kirkland’s Highlands neighborhood.  The map address is simply for a street corner in the middle of the Kirkland Highlands.   For those  not familiar with the neighborhood, it’s a pocket of unique homes close to downtown Kirkland.  In some ways it feels like an island because it’s separated on the east by 405, the south by Central Way (the main route to downtown) and the west and north by the BNSF railroad tracks.  The neighborhood has the best of both worlds, a little isolation without any through traffic, but just seconds from everything.

Active Listings: 23 (23)

New listings:    0 (0)

Re-listed properties:   2 (1)

Pending inspection:   0 (0)

Pending:   0 (1)

Closed Sales:    1 (0)

Contingent sale: 0 (0)

Number of Price Reductions: 3 (5)

Canceled listings  0 (0)

Expired Listings: 0 (0)

Temporarily Off Market:  0 (0)

Price increase:  0(0)

Back on market:  0 (0)

Rented: 0 (0)

Sale Fail: 0 (0)

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0-$349,999:  1  (1)

$350,000-$499,999: 8 (8)

$500,000-$749,999: 5 (5)

$750,000-$999,999:  7 (8)

$1,000,000- $1,499,999:  1 (1)

$1,500,000- $2,999,999:   1 (1)
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Average Price: $694,420 ($700,330)

Median Price:   $669,000 ($669,000)

Average Days on Market: 164 (159)

Highest Priced Listing: $1,850,000 ($1,850,000)

Lowest Priced Listing: $289,950 ($299,950)

Townhomes/condos

2 Active town home listed

One new listing:

Highland Creek town home

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$459,950 for a contemporary home with a view, 2 bedrooms, 2 baths, and 1000+ square feet.  First asking  price o $550,000, final asking price of $479,950 sold for 17 % below the original asking price in 182 days.

****This home was adorable and one of a kind with its styling and view.  However,  because of its size and lack of garage, it needed to be priced more along the lines of a condo with a view and no garage.  When the asking price came to that point, the home sold.

Inman News, a site which reports on real estate news, flashed a news report this afternoon that the home buyer tax credit is now $8000 for buyers who had not owned a home in three years. The New York Times had a more complete article about the latest with the compromise between the Senate and the House with the stimulus plan. I’m going to reserve judgement until the plan is passed and we actually know what we are dealing with.  However, it does sound as if the home buyer tax incentive has been almost halved and will be for first time buyers only.  I’m a disappointed, because I felt the $15000 credit for all buyers would jump start the housing market and give buyers and sellers some encouragement.