Fifty-three percent of the homes for sale in Kirkland in June sold that month. The number of sales jumped up even though more homes came on the market. Nine more homes came on the market in June, while there were 20 more sales. The scales are tipped in favor of the seller right now.
It took on average 71 days for a home to sell and homes sold within 97% of the original asking price. Homes were on the market for just over two months and sold within 3% of asking price. Median pricing was up from $588,000 to $615,000 this June. Median pricing increased in May, 2011 but median pricing was actually down in April. Pricing can vary up or down from month to month, so it’s important to look at a 6 month trend to determine where prices truly are at.
If you’d like to find out more about the Kirkland real estate market, don’t hesitate to call or email us. It’s important to put your home in the percent of homes that have sold, not in the percent that did not.