Debra Sinick

Hot Real Estate Price of the Week in Kirkland, WA 8-18-10

In buyers, Kirkland WA, market statistics, Real estate, sellers, Weekly market update on August 20, 2010 at 12:43 pm

This week’s hot price for Kirkland Washington home sales:

$600-699,999  4 sales

  • The price range with the most Kirkland homes for sale: $400-499,999   58 homes.  Down 6 homes from last week.  Since only two sold this week, several were taken off the market.
  • There were a total of 367 (down 15 from last week) homes for sale in Kirkland and 16 (up 6) homes sold.
  • Week with the most number of homes for sale in the last 7 weeks:   382 homes for sale,  8-11-10
  • Week with the highest number of homes sold in Kirkland in the last 7 weeks:  8-18-10, this week, with 16 sales.  Sales have been pretty steady over the last few weeks with 10-16 homes sold.

  • Peak  of homes and condos for sale in King County in 2009?
  • July 27th marked a high of 13,861 homes and condos for sale in King County.
  • 1-4-10 9726
  • 7-12-10   14,235
  • 8-16-10     14,467

Two weeks ago there were 14,639 homes available for sale in King County?  Was this the peak of homes for sale this year?

This chart is updated weekly by (Windermere Real Estate/East, Inc., using MLS data) to show the price ranges of the homes sold each week.  Here’s how it’s set up:

The colors show who has the advantage in a particular price range.

  • Green means the buyer has the advantage with many homes to choose from and not that many selling.
  • Yellow means the number of homes for sale and the number of sales in the price range is balanced between the buyer and the seller.
  • Red indicates a sellers’ market where the seller may have the advantage as more homes are selling when compared to what’s available.
Kirkland Home Sales, 8.18.10

Kirkland Real Estate Sales, 8.10.18

Down the side of the chart, the home sales activity is broken down into a price bracket of $99,999. All the homes priced between $400,000-499,999, as an example, are put together in one price category in the chart.
Across the top, the chart is broken down into real estate activity by the week. If you take the $400-499,999 line and follow it across the chart, you’ll see what has happened each of the last seven weeks.  There are three columns under each week. On the left side of the column is the number of homes for sale in Kirkland.  The middle column shows how many homes sold that week, and the final column under the date shows the months supply of homes for sale.  In other words, if no other homes came up for sale, it would take an average of 6.2 months to sell all the homes in the $400-499,999 price range.


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