The Kirkland Highlands real estate market is breaking out of the tight price range of $350-750,000 that we’ve seen over the last month or so. There’s now a home available under $350,000, a home for sale in the $800′s and two for sale over $1 million. This range is more representative of all the homes available in the Highlands neighborhood. Real estate sales are still good as two home are now pending and two home sales closed. One of the sales happened in two days and was for full price! Full price offers are rare in this market, but there are some buyers who recognize a good value and go for it.
This week there are a couple of more homes for sale, so we might see more coming on the market in the next month or so, which is pretty typical for summer.
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.
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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: 22 (19)
New listings: 5 (1)
Pending inspection: 0 (1)
Pending: 2 (4)
Closed Sales: 2 (0)
Number of Price Reductions: 0 (3)
Price increase: 0 (0)
Homes off the market that did not sell: 1 (2)
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0-$349,999: 1 (1)
$350,000-$499,999: 10 (11)
$500,000-$749,999: 8 (7)
$750,000-$999,999: 1 (0)
$1,000,000- $1,499,999: 2 (0)
$1,500,000- $2,999,999: 0 (0)
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Most expensive home for sale: $1,300,000
Most affordable home for sale: $335,000
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Closed Sales:
$425,000: Final sales price $425,000: Last asking price $425,000: Original asking price. Sold in 2 days for full price.
$479,000: Final sales price $500,000: Last asking price $500,000: Original asking price. Sold in 47 days for 4.5% below the original sales price.
KIRKLAND HIGHLANDS TOWN HOMES:
1 town home
This town home had a price reduction over the past week.
***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.