Median List Price: | $804,997 | Average List Price: | $1,070,673 |
Total Inventory: | 198 | Price per Square Foot: | $296 |
Average Home Size: | 2,830 | Median Lot Size: | 8,282 |
Average # Beds: | 3.89 | Average # Baths: | 2.76 |
Homes Absorbed: | 28 | Newly Listed: | 36 |
Days on Market: | 74 | Average Age: | 28 |
Demand for Kirkland's real estate starting to coming back
This Week:
The median list price this week for Kirkland, WA this week is $769,000 is down from last week’s $779,900. Demand measured by the Market Action Index (MAI see below chart) is increasing and days-on-market is holding steady. With more properties coming available, conditions are mildly positive.
Supply and Demand
The Kirkland market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.
Price
The Kirkland’s real estate market has been on a downward trend recently and this week, essentially flat, doesn’t break us out of that cycle. Give me a call for a free market evaluation of your home’s value. I can be reached at 206 909-7536 or by email atAdrian@adrianwillanger.com Kirkland Junaita home search
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