Kirkland WA Real Estate Sales for January 2011

There were a lot less homes on the market in Kirkland at the start of 2011. The numbers were really low when you look at how many homes were for sale during the middle of last year.  The competition for the buyers was not as fierce as it was last summer when so many more homes were on the market.  Forty-six Kirkland homes sold out of 254 in January, 2011.   If you were trying to sell your Kirkland homes in January, you had an 18% chance of getting it sold.

The median price in Kirkland increased from $499,950 to $506,950. It’s great to see an increase, since that’s been pretty rare in most places.  Not to burst any bubbles, but the increase was only 1%. Remember the median price for each month only reflects the home sales for that particular month.  It’s important to track pricing over several months to get a more accurate reading.

If you click on this link, you’ll see the MLS charts which show the real estate trends, including median price, for the past five years in Kirkland. You also see that home values in Kirkland were slightly lower overall.

Where’s Kirkland WA?

What do you see happening in real estate?  How do Kirkland home sales compare to your neck of the woods?