The real estate statistics below reflect the activity in The Kirkland Highlands for the past two weeks. All data is taken from the NWMLS through Thursday morning.

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.

Numbers in parentheses are from the last report:

Active Listings: 30 (30)

New listings: 0 (2)

Pending inspection: 0 (1)

Pending: 1 (1)

Closed Sales: 3 (1)

Number of Price Reductions:  4  (4)

Price increase: 0(0)

Homes off the market that did not sell: 2 (1)

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0-$349,999: 1 (1)

$350,000-$499,999: 7 (6)

$500,000-$749,999:  12 (12)

$750,000-$999,999: 8 (8)

$1,000,000- $1,499,999: 2 (3)

$1,500,000- $2,999,999: 0 (0)
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Average Price of homes for sale: $682,938 ($722,220)

Median Price of homes for sale: $695,975 ($707,975)

Average Days on Market:  129 (117)

Highest Priced Listing: $1,298,800 ($1,400,000)

Lowest Priced Listing: $285,000 ($285,000)

The good news continues as homes are selling in The Kirkland Highlands.

Three closed sales this week:

$300,000 Original list price of $450,000, final list price of $349,950, sold in 410 days, 30% below the original asking price.

$540,000 Original list price of $585,000, final list price of $575,000, sold in 16 days, 9% below the original asking price.

$545,000 Original list price of $599,999, final list price of $589,999, sold in 96 days, 11% below the original asking price.

There are new NWMLS (Northwest Multiple Listing Service) rules on blogging about listings.  No longer can any comments be made regarding any home sales.  Since I live in the Kirkland Highlands and know it so well, in the past I’ve given my opinions about why a home may have sold.  With these new rules, I no longer can do this, so I’ll just be reporting the facts, which are considered public information.

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Peak in the number of homes for sale in 2009:

7-27-09  13,861

Now:

9-28-09  13,388

Only 31 homes and condos have come up on the market in King County in the last two weeks, which is good news for all.

Don’t forget, the first time buyer $8000 tax credit is going away soon. First time home buyers must close on a home purchase no later than November, 30th, 2009 to be eligible for the tax credit.  This means it’s best to purchase a home no later than mid-October in order to close on time.