Kirkland Highland’s real estate buzz is back after a short break on my part, so this post covers three weeks of real estate sales activity. The most activity in The Highlands over the past few weeks happened with price reductions and homes coming off the market.
We do, however, have a sale for a home over $1.2 million, something that was more the norm in the past, but something we’ve not seen for quite awhile.
The real estate statistics below reflect the activity in The Kirkland Highlands since July 12th. 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: 23 (23)
New listings: 3 (2)
Pending inspection: 0 (1)
Pending: 0 (3)
Closed Sales: 2 (0)
Number of Price Reductions: 5 (2)
Price increase: 0(0)
Homes off the market that did not sell: 6 (2)
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0-$349,999: 1 (0)
$350,000-$499,999: 6 (8)
$500,000-$749,999: 13 (12)
$750,000-$999,999: 1 (1)
$1,000,000- $1,499,999: 2 (2)
$1,500,000- $2,999,999: 0 (0)
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Average Price of homes for sale: N/A with new MLS system*
Median Price of homes for sale: N/A with new MLS system
Average Days on Market: N/A
Highest Priced Listing: $1,299,000 ($1,375,000)
Lowest Priced Listing: $330,000 ($360,000)
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Closed Sales:
Sales price: $399,900 Last asking price: $419,900 Original asking price: $600,000, sold in 563 days for 34% below the original asking price.
Sales price: $1,265,000 Last asking price: $1,295,000 Original asking price: $1,295,000, sold in 24 days for 3% below the original asking price.
KIRKLAND HIGHLANDS TOWN HOMES:
4 town homes for sale
1 new town home listings
1 pending
2 canceled, so are off the market
1 sold
Sales price: $522,000 Last asking price: $524,950 Original asking price: $545,000, sold in 56 days for 4% below the original asking price.
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:
8-9-10 14,414 So far, the highest number of homes in King County for sale in 2010 was two weeks ago, when the number hit 14,639.
* The statistics portion of the new NWMLS (Northwest Multiple Listing Service) is currently not working. Our new system is having the kinks worked out. Stay tuned!
Kirkland Highlands Real Estate Buzz
