Debra Sinick

Latest Kirkland WA Highlands Real Estate Buzz, 3-1-10

In buyers, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers on March 2, 2010 at 12:34 pm

How low can the number of homes for sale in the Kirkland Highlands go? It’s great news to see so few homes for sale in a long time.  During all of 2009, the lowest number of homes for sale in the neighborhood was in the low 20′s.   It makes sense to think of selling your Kirkland Highlands home now if you want to make a move in the near future.  You have less competition for a buyer. Don’t forget there are less than 60 days to use the home buyer tax credit.

Right now, there are no homes available in The Highlands for over $1 million.  This is also unusual for The Highlands neighborhood.

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 Monday of this 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 corridor. 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: 18 (20)

New listings: 0 (0)

Pending inspection: 1 (2)

Pending: 2 (4)

Closed Sales: 0 (2)

Number of Price Reductions: 0  (2)

Price increase: 0(0)

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

———————————–

0-$349,999: 1 (3)

$350,000-$499,999: 4 (5)

$500,000-$749,999:  8 (7)

$750,000-$999,999: 5 (5)

$1,000,000- $1,499,999: 0 (0)

$1,500,000- $2,999,999: 0 (0)
———————————–
Average Price of homes for sale: $620,286 ($591,460)

Median Price of homes for sale: $683,300 ($679,970)

Average Days on Market:  83  (61)

Highest Priced Listing: $881,500 ($881,500)

Lowest Priced Listing: $349,950 ($299,000)

________________________________

Closed Sales:

None this week

KIRKLAND HIGHLANDS TOWN HOMES:

6 town homes for sale

1 price reduction

Peak in the number of King County homes and condos for sale in 2009:

7-27-09  13,861

Start of 2010:

9,726

Now:

3-2-10  11,665

King County, WA Real Estate for sale, 3-2-10

Number of King County, WA properties for sale, 3-2-10

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