Debra Sinick

Kirkland Highlands Real Estate News, 2-28-11

In buyers, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers on February 28, 2011 at 9:51 pm

There are less homes for sale in the Kirkland Highlands than we had two weeks ago. There are only 12 homes  for sale.  The Kirkland Highlands is mirroring the rest of King County.  The number of homes for sale in King County has been fluctuating and has only increased by about 500 homes since the first of the year.

In my last post on real estate in the Highlands, I mentioned all of the homes for sale were below $750,000.  Of course, the next day as I drove out of the Highlands, I passed a home that had come back on the market at $1,175,000.  It had been 0n the market previously at a higher price.

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: 12 (16)

New listings: 1 (3)

Pending inspection: 2 (1)

Pending: 2 (2)

Closed Sales: 1 (1)

Number of Price Reductions: 0  (2)

Price increase: 0 (0)

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

———————————–

0-$349,999: 1 (3)

$350,000-$499,999: 6 (9)

$500,000-$749,999:  4 (4)

$750,000-$999,999: 0 (0)

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

$1,500,000- $2,999,999: 0 (0)
———————————–

________________________________

Closed Sales:

$352,500  final sales price,  $358,000 last asking price, $409,000 original asking price, sold in 121 days for % below the original asking price.

KIRKLAND HIGHLANDS TOWN HOMES:

1 town homes for sale

1 is now pending

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

7-27-09  13,861

Start of 2010:

9,726

Peak in 2010:

7-26 14,639

Start of 2011:

1-3-11  10,008

2-28-11  10,521

***The Multiple Listing rules don’t allow comment on other members’ listings and sales besides data such as pricing and days on market.

Feel free to contact me if you have questions about how to position your home so you can get the best price when selling.

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