Debra Sinick

Posts Tagged ‘King County’

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How Was The Kirkland Real Estate Market in November, 2011?

In buyers, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers on December 15, 2011 at 10:21 am
Home Sales in Kirkland

Kirkland Real Estate Sales Through November, 2011

Sellers are taking their homes off the market in Kirkland.  Look at the difference between July and November.  There are 100 less homes on the market in November than earlier this year and in November of last year.  This is the lowest number of homes we’ve seen on the market so far this year, and for a number of years.

Real estate sales in Kirkland have bounced between a low of 41 in January to a high of 79 in April. Because there are so many fewer homes on the market now, the chances of selling a home in Kirkland increased dramatically this month.  If your home was on the market in November, there was a 31% chance it would have sold.  These odds were the highest on the eastside.

Median pricing in Kirkland followed King County,  dropping considerably this month, from $530,000 to $477,000.  Median pricing is based on the sales that happened during November and is a function of what sold that particular month.  In addition, the statistics on pricing were greatly affected by a number of bank foreclosures and short sales.  Non-distressed sales do not show such a huge drop in pricing.  However, the numbers for all sales get lumped together when statistics are reported.

Thirty-one percent of the available homes sold last month.   If the number of homes on the market continues to drop, then a higher percentage of homes may sell next month.  Homes took on average 105 days to sell and sold within 92% of the original asking price.

Even though there’s a really low number of homes for sale right now, the above chart follows a typical pattern.  More homes are for sale in the summer than at the beginning or end of the year.  That being said, if you plan to sell your home, consider putting it on the market before the middle of the summer.  Your home will have far less competition.

With fewer homes on the market, more affordable prices, and low interest rates, I expect homes will continue to sell even as we head into the holiday season.  Have a wonderful holiday season and a Happy New Year.

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Kirkland Highlands Real Estate News, 7-25-11

In Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate on July 25, 2011 at 9:10 pm

I wish I could say the reason I’ve not written a blog post recently about the bi-weekly real estate happenings in the Kirkland Highlands is that it’s been gorgeous weather and I’ve been having fun in the sun, but really it’s because I’ve been having fun selling homes this past month.  That’s good fun, too, but I must say I do miss the summer we usually have in the Seattle area.

The pace of the real estate market in Kirkland and Redmond has felt almost like it used to be, in 2007.  There are a lot of buyers out looking at homes.  Homes are selling well.  The pending sales in the Highlands all sold in under 2 months time, with one home selling in under a week.  The pending homes range in price from just under $400,000 to just under $1,000,000, reflecting the broad price range of Kirkland Highlands’ homes.

I’ve recently sold a couple of homes with multiple offers!  The level of activity in the real estate market feels good.

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: 17 (19)

New listings: 2 (2)

Pending inspection: 4 (2)

Pending: 4 (1)

Closed Sales:  2 (0)

Number of Price Reductions: 3  (2)

Price increase: 0 (0)

Homes off the market that did not sell: 2 (3)

———————————–

0-$349,999: 0 (1)

$350,000-$499,999: 11 (8)

$500,000-$749,999:  5  (7)

$750,000-$999,999: 1 (2)

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

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

Most expensive home for sale: $795,000

Most affordable home for sale: $364,950

________________________________

Closed Sales: 

$377,000:  Final sales price $380,000: Last asking price $394,000: Original asking price.  Sold in 52 days for 5% below full price.

$460,000:  Final sales price $465,000: Last asking price $465,000: Original asking price.  Sold in 24 days for 1% below the original sales price.   **My listing**


KIRKLAND HIGHLANDS TOWN HOMES:

2  town homes for sale

***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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Kirkland Highlands Real Estate News, 6-20-11

In buyers, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers on June 21, 2011 at 10:54 am

The past two weeks were quieter than about a month ago when there were 5 new listings on the market.  This week there are two new listings, there have been a few sales, and a few homes  came off the market as they had not sold.  Although there were sales this week, there were no sales that closed.  Since there have been more sales happening, I expect to see some closed sales in my next report.  Right now, the Highlands has a mix of some great homes for sale in price ranges from the low $300′s to over $1 million.  There’s something for everyone here as the Highlands has a wide variety of housing styles and prices.  The Highlands is located close to downtown Kirkland and has great access to the highway 405, so it’s a terrific location.

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: 19 (22)

New listings: 2 (5)

Pending inspection: 2 (0)

Pending: 1 (2)

Closed Sales:  0 (2)

Number of Price Reductions: 2  (2)

Price increase: 0 (0)

Homes off the market that did not sell: 3 (1)

———————————–

0-$349,999: 1 (1)

$350,000-$499,999: 8 (10)

$500,000-$749,999:  7 (8)

$750,000-$999,999: 2 (1)

$1,000,000- $1,499,999: 1 (2)

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

Most expensive home for sale: $1,300,000

Most affordable home for sale: $345,000

________________________________

Closed Sales: 

None this week.



KIRKLAND HIGHLANDS TOWN HOMES:

1  town home

***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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Kirkland Highlands Real Estate News, 6-6-11

In buyers, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers on June 7, 2011 at 2:41 pm

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.


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: 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)

———————————–

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)
———————————–

Most expensive home for sale: $1,300,000

Most affordable home for sale: $335,000

________________________________

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.

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Kirkland Highlands Real Estate News, 5-23-11

In buyers, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers on May 24, 2011 at 5:55 pm

It was a good two weeks for real estate in the Kirkland Highlands.  There are only 19 homes for sale and 4 homes received and accepted offers these past two weeks.  One home sale has moved to pending status, which means the inspection has been resolved between the buyer and the seller.  There were no home sales that closed the past two weeks, but there will definitely closed sales coming up in the next few weeks  because there have been several sales over the last month.  Have a great Memorial Day weekend.  Let’s hope for sun!

If your home is in one of the price ranges where nothing is for sale, think about selling now before more homes come on the market.  If more homes are for sale, it will be more competitive.   If you’re not sure of your home’s value, feel free to contact me to find out what your home may be worth in today’s market.

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: 19 (21)

New listings: 1 (5)

Pending inspection: 1 (1)

Pending: 4 (1)

Closed Sales:  0 (1)

Number of Price Reductions: 3  (0)

Price increase: 0 (0)

Homes off the market that did not sell: 2 (3)

———————————–

0-$349,999: 1 (0)

$350,000-$499,999: 11 (10)

$500,000-$749,999:  7 (11)

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

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

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

Most expensive home for sale: $649,000

Most affordable home for sale: $335,000

________________________________

Closed Sales:  None this week.


KIRKLAND HIGHLANDS TOWN HOMES:

1  town home

***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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Kirkland Real Estate News, 5-9-11

In buyers, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers on May 10, 2011 at 10:34 am

The homes for sale in the Kirkland Highland’s continue to fall in the mid-range of pricing for the neighborhood.  The homes for sale fall between $350-$749,999.  All of the homes that are new to the market this week were priced between the high 300′s to $575,000.

The two homes that were available for over $1 million dollars sold a couple of weeks ago.  This week’s closed sale happened to be a home priced under the $350,000 range.  It sold in just a few weeks.

If your home is in one of the price ranges where nothing is for sale, think about selling now before more homes come on the market.  If more homes are for sale, it will be more competitive.   If you’re not sure of your home’s value, feel free to contact me to find out what your home may be worth in today’s market.

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: 21 (20)

New listings: 5 (0)

Pending inspection: 1 (1)

Pending: 1 (0)

Closed Sales:  1 (2)

Number of Price Reductions: 0  (1)

Price increase: 0 (0)

Homes off the market that did not sell: 3 (0)

———————————–

0-$349,999: 0 (0)

$350,000-$499,999: 10 (6)

$500,000-$749,999:  11 (12)

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

$1,000,000- $1,499,999: 0 (2)

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

Most expensive home for sale: $649,000

Most affordable home for sale: $379,500

________________________________

Closed Sales:

$300,000:  Final sales price $320,000: Last asking price $330,000: Original asking price.  Sold in 23 days for 10% below the original sales price.

KIRKLAND HIGHLANDS TOWN HOMES:

1  town home new on the market in the mid-$600 range.

1 sale pending

***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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Kirkland Highlands Real Estate News, 4-11-11

In Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers on April 11, 2011 at 5:11 pm

There are big gaps in the Kirkland Highlands real estate market with homes available only in some price ranges, but not all. Right now the largest number of homes for sale falls in the $500-750,000 price range.  Because there is more for sale in this price range,  the pricing for these homes will need to be more competitive.

If your home is in one of the price ranges where nothing is for sale, think about selling now before more homes come up for sale. When more homes come on the market, there will be more competition.   If you’re not sure of your home’s value, feel free to contact me to find out what your home may be worth in today’s market.

By the way, in case you’re wondering why there’s one more home on the market this week ( 20 instead of 19), but no new listings, it’s because a home came back on the market and is for sale again.  It’s not new to the market.

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: 20 (19)

New listings: 0 (5)

Pending inspection: 1 (0)

Pending: 0 (1)

Pending Inspection 0 (1)

Number of Price Reductions: 1  (0)

Price increase: 0 (0)

Homes off the market that did not sell: 0 (0)

———————————–

0-$349,999: 0 (0)

$350,000-$499,999: 6 (7)

$500,000-$749,999:  12 (10)

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

$1,000,000- $1,499,999: 2 (2)

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

Most expensive home for sale: $1,299,000

Most affordable home for sale: $385,000

________________________________

Closed Sales:

$195,000:  Final sales price $199,900: Last asking price $234,900: Original asking price.  Sold in 195 days for % below the original sales price. If you’re wondering about the price of this home, it’s in a planned unit development.  It’s a town home, but legally can be called a single family home (this may require another blog post to explain), so the information is posted in single family homes by the NWMLS.  The town home was a one bedroom with 1.5 baths.

$294,000:  Final sales price $310,000: Last asking price $439,000: Original asking price.  Sold in 68 days for 33% below the original sales price.

KIRKLAND HIGHLANDS TOWN HOMES:

1 town home for sale

1 sold

Town homes are selling!  Good news!

$395,000:  final sale price $419,000:  Last asking price $449,000: Original asking price.  Sold in 104 days for 12% below the original price.

***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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Kirkland Highlands Real Estate News, 3-28-11

In buyers, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers on March 28, 2011 at 12:36 pm

There are 5 new listings this week, but four are new construction.   With nothing in The Kirkland Highlands for sale for less than $350,000, between $750-999,999, and over $1.5 million, if your home falls into these price ranges,  it would be a great time to sell your home.  Not sure of your home’s value?  Feel free to contact me to find out what your home is worth.

A month ago there were 12 homes for sale in the Highlands and now the number has jumped to 19.  There were no price reductions and no homes came off the market, all good news for the neighborhood.  If homes are not coming off the market because they did not sell and prices are not being reduced, then more sellers are pricing their homes at what the market will bear right now.

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: 19 (13)

New listings: 5 (2)

Pending inspection: 0 (2)

Pending: 1 (1)

Pending Inspection 0 (1)

Number of Price Reductions: 0  (1)

Price increase: 0 (1)

Homes off the market that did not sell: 0 (1)

———————————–

0-$349,999: 0 (3)

$350,000-$499,999: 7 (6)

$500,000-$749,999:  10 (5)

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

$1,000,000- $1,499,999: 2 (2)

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

________________________________

Closed Sales:

$305,000:  Final sales price $299,900: Last asking price $1,500,0000: Original asking price.  Sold in 902 days for 80% below the original sales price.  This property was mostly lot value, so it is not indicative of any big price drops for home values in the Highlands.

KIRKLAND HIGHLANDS TOWN HOMES:

1 town home for sale

1 sold

$234,900:  final sale price $234,900:  Last asking price $234,900: Original asking price.  Sold in 11 days for full price.

***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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Kirkland Highlands Real Estate News, 3-14-11

In buyers, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, sellers on March 16, 2011 at 9:48 am

Where have all the sellers gone in the Kirkland Highlands?   We continue to have fewer homes on the market than we usually do this time of year.

Of the homes for sale, we’re now seeing a wide variety of pricing.  Homes are for sale all the way up to the low $1 million dollar range.

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: 13 (12)

New listings: 2 (1)

Pending inspection: 2 (2)

Pending: 1 (2)

Closed Sales: 0 (1)

Number of Price Reductions: 1  (0)

Price increase: 1 (0)

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

———————————–

0-$349,999: 3 (1)

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

$500,000-$749,999:  5 (4)

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

$1,000,000- $1,499,999: 2 (1)

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

________________________________

Closed Sales:

None during the last two weeks.

KIRKLAND HIGHLANDS TOWN HOMES:

1 town home for sale

***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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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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