Debra Sinick

Weekly Real Estate Buzz in The Kirkland Highlands, 7-9-09

In Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers, Weekly market update on July 10, 2009 at 12:49 pm

The real estate statistics below reflect the real estate activity in The Kirkland Highlands for the past two weeks because of the Fourth of Julyand all data is taken from the NWMLS through Thursday morning each week.


View Larger Map

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:28 (31)

New listings: 2 (0)

Re-listed properties:  0 (0)

Pending inspection: 3 (1)

Pending: 0 (1)

Closed Sales: 1 (0)

Contingent sale: 0 (0)

Number of Price Reductions:  1  (3)

Canceled listings 0 (0)

Expired Listings: 2 (0)

Temporarily Off Market: 0 (0)

Price increase: 0(0)

Back on market: 0 (2)

Rented: 0 (0)

Sale Fail: 0 (0)

———————————–

0-$349,999: 0 (1)

$350,000-$499,999: 4 (6)

$500,000-$749,999:  12 (11)

$750,000-$999,999: 9 (10)

$1,000,000- $1,499,999: 2 (2)

$1,500,000- $2,999,999: 1 (1)
———————————–
Average Price of homes for sale: $761,184($736,735)

Median Price of homes for sale: $737,400 ($724,900)

Average Days on Market: 85 (105)

Highest Priced Listing: $1,795,000 ($1,795,000)

Lowest Priced Listing: $399,000 ($299,000)

Town homes/condos

6  town homes listed

2 new listings:

1 price reduction

This is the most condo/town homes that have been on the market in The Highlands for a while.  There are now 3 town homes for sale in Highland Creek, which is just off of NE 87th.  They range in price from $579,000 to $599,000. Five out of the 6 town homes for sale are in the same price bracket:  $579-599,000.  The least expensive town home for sale is priced at $430,000

Closed sale:

$700,000  Highland Pointe home with 4 bedrooms, 3 baths, 3370 square feet and a view.  Original price of $869,000, last asking price of $735,000.  Sold in 429 days for 20% less than the original asking price.

**** sleek, contemporary home which may have sold for more, but followed the market down and had to play catch up in terms of pricing. It’s typical for a sales price to be a lot lower than the starting price when the home has been for sale for such a long time.

Enjoy this weekend’s sun!

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