| 90-day stats for Single Family properties in KIRKLAND, WA as of September 5, 2014 | |||
|---|---|---|---|
| Median List Price: | $769,430 | Average List Price: | $1,006,649 |
| Total Inventory: | 228 | Price per Square Foot: | $292 |
| Average Home Size: | 2,728 | Median Lot Size: | 9,991 |
| Average # Beds: | 3.90 | Average # Baths: | 2.72 |
| Homes Absorbed: | 28 | Newly Listed: | 35 |
| Days on Market: | 72 | Average Age: | 29 |
Kirkland’s real estate listings staying on the market longer
Kirkland’s real estate displaying some positive trends
This Week:
The median list price this week for Kirkland, WA this week is $687,475 is down from last week’s $699,475. The Market Action Index (MAI see below chart) has been trending down lately, while inventory and days-on-market are climbing. The trends imply a weakening market.
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
Again this week we see a downward notch for Kirkland real estate prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend. This report is brought to you by Adrian Willanger at Coldwell Banker Danforth. For a free market evaluation of your home’s value call or email me at 206 909-7536 – Adrian@adrianwillanger.com
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- Lake Forest Park – Sheridan Beach’s homes staying on the market longer
- Days-on-market climbing for Bothell real estate listings
- West Bellevue’s real estate’s market staying strong going into summer
- Northeast Seattle real estate: median list price flat, listings down, days on market up
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